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Yes, once in 1835, when Andrew Jackson was president. He hated the Federal Bank and debt and tried very hard to completely get rid of it. He didn't quite succeed at getting rid of the Federal bank (obviously) but he did succeed in having America become debt free for the first (and so far the only) time since America became its own country.

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Q: Has America ever been debt free?
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When has America been debt free?


How was the colony of Pennsyvania founded?

The king of England had been in debt to William Penn's father. To settle the debt, Penn asked for land in America. He established Pennsylvannia as a place free of persecution for Quakers.

Where can one find information on debt free management?

Debt Advice Foundation will only ever recommend free Debt Management Plan, where Debt Management is appropriate for your financial circumstances. Debt Advice Foundation is a registered UK charity offering free, confidential support and advice on any aspect of debt, including Debt Management.

What is a debt free direct in america?

It is a debt solution place where they help you to settle on a lower debt rate than what you currently owe. They can even remove the debt in some cases.

When was america debt free?

Andrew Jackson virtually paid off the debt by 1836. (There were a few bills due, around $30,000. or so.)

What is debt free cash free?

Debt free cash free is the value of a business without any net debt (= debt less cash). Where a business has net debt, the debt free cash free value is higher than the value a seller would expect to receive for their shares in the business. Debt free cash free is very similar to another term used in finance: "Enterprise Value".

How does Debt Free Direct help people get out of debt?

Debt Free Direct can help a person get out of debt by analyzing a person's current financial situation and advise them on how to go about resolving their debt. Debt Free Direct has experts ready to recommend how you can eliminate your debt.

How much debt is needed to get free debt counseling?

Free debt counseling is usually available to people with $10,000 debt or more. There are many different options available if you're seeking free debt counseling.

Where can one find a debt payoff calculator?

There are several sites online where one can find a debt payoff calculator such as Bank Rate, Credit Karma, and bank of America. There are also some books on how to calculate debt payoff such as Live Debt Free and The Total Money Makeover.

How can you be debt free in a week?

You can't. Not if your debt is very huge. Nothing can be gained for free in life, and if you have a massive credit card debt you racked up by spending loads then there's no way you can be debt free in a week.

Which war made America free from England?

America did not have to 'free' itself from England. It was never under English rule. There has never been a war between America and England.

Is Bill Gaither a Free Mason?

No he is not - nor has he ever been.