debt

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Source: en.wikipedia.org

Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
September 18, 2023  |  Economy

Just a few weeks from now, federal student loan payments resume, ending a moratorium that had been in place since the onset of the pandemic...

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Nearly Half of Consumers Say Student Loan Repayments Will Hurt Their Ability to Save
Nearly Half of Consumers Say Student Loan Repayments Will Hurt Their Ability to Save
September 15, 2023  |  Loans

The freeze on federal student loan payments since March 2020 has allowed millions of individuals to allocate their money toward other needs. But as the...

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Overdrafts Add to Consumers’ Financial Burden as Personal Bankruptcies Rise
Overdrafts Add to Consumers’ Financial Burden as Personal Bankruptcies Rise
September 12, 2023  |  Consumer Finance

The United States is grappling with record-high consumer credit card debt of over $1 trillion, raising concerns about credit insecurity for both consumers and providers....

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Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
September 08, 2023  |  Economy

The year 2022 marked a continued emergence from the pandemic, and new data show just how much — and how fast — we spent our...

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How Consumers Have Learned to Live With Inflation
How Consumers Have Learned to Live With Inflation
September 01, 2023  |  Economy

Death and taxes are the only certainties in life, they say. And it seems we might add another certainty: inflation. By now, the worldwide spike...

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How Technology Is Easing the College Cost Conundrum
How Technology Is Easing the College Cost Conundrum
September 01, 2023  |  Loans

Student debt is top of mind as grads resume payments, but BNPL-like tuition installment plans can reduce the need for loans. The latest “B2B and...

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5 Things to Know About the US Consumer as Spending Outpaces Income
5 Things to Know About the US Consumer as Spending Outpaces Income
August 31, 2023  |  Consumer Finance

We’re spending money as fast as we can make it — and even faster, it seems. The latest government release from the Bureau of Economic...

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Retail Earnings Reports Signal Shopper Hesitancy Going Into Holiday Shopping Season
Retail Earnings Reports Signal Shopper Hesitancy Going Into Holiday Shopping Season
August 31, 2023  |  Economy

Merchants focused on nonessentials are restrategizing as shoppers predict a long way until inflation’s end. Recent earnings released by retailers may reflect consumers’ true attitudes...

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Tech Shifts Student Loan Conversation From Loans to Installment Payments
Tech Shifts Student Loan Conversation From Loans to Installment Payments
August 31, 2023  |  Loans

In the wake of the Supreme Court’s decision to block the federal student loan forgiveness plan, many of Generation Z’s recent college graduates will make...

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