The best way to pay back a debt is to not have a debt.
Because when you borrow money you will definitely pay it back plus the additional interest that's right
borrowing money sometimes may help you at first but interest increases what you owe pretty quickly
For example if a retailer or a small business decides to borrow too much money for purchasing Goods he runs the risk of not being able to pay back his debt if sales are slower than anticipated then his business will suffer and might have to go out of business on the other hand by slowly building his business by purchasing Goods he can afford with items he afford. He will sell a lot and he can remain debt Free even if he doesn't sell much.
Big business can also get into a lot of trouble if its managers borrow too much money.
If money is borrowed to help a business grow and expand and new sales don't result and then the business can't pay back the loan. The business gets into trouble and may face liquidation in order to pay back the loan.
For individuals borrowing too much money can get people into trouble too if you borrow money to buy things that you want and don't earn enough money to pay back the loan you can get into a financial mess so remember the best way to pay back a debt is to never have one
The best investment you can make is an investment in yourself