Stonegate Village in West Davis, CA offers one and two bedroom townhomes and apartments in a quiet community with resort-style amenities. Located just two miles from UC Davis, near Westlake Plaza, Stonegate Lake, and local bus stops for transportation.
Consumer debt. In economics, consumer debt is outstanding consumer debt, as opposed to that of businesses or governments. In macroeconomic terms, it is debt which is used to fund consumption rather than investment. It includes debts incurred on purchase of goods that are consumable and/or do not appreciate.
Common types of debt owed by individuals and households include mortgage loans, car loans, and credit card debt. For individuals, debt is a means of using anticipated income and future purchasing power in the present before it has actually been earned.