Liabilities
Debts you owe, like credit card balances, student loans, car loans, a mortgage or medical bills.
Liabilities are the minus side of your net worth. Use the current payoff balance of each debt, not the original loan amount.
Listing every liability in one place, with its balance, APR and minimum payment, is the first step to a payoff plan. It also shows which debts cost the most each month, so you know where extra money does the most good.