run into debt

run into debt

To come to be in a position of owing money to someone or something (such as a bank or other lending institution). If you spend more with your credit cards than you can reasonably pay off, you'll run into debt before you know it.See also: debt, run

ˌget/ˌrun into ˈdebt

begin to owe money: After she lost her job, she began to run into debt.See also: debt, get, run