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

Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

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Brick-and-Mortar Merchants to Take a Hit as Retail Sales Sputter?
Brick-and-Mortar Merchants to Take a Hit as Retail Sales Sputter?
November 15, 2023  |  Retail

Seven months of spending at the register… and now comes an interruption. Get the Full Story Complete the form to unlock this article and enjoy...

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Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
November 09, 2023  |  Consumer Finance

Inflation has heightened the cost of living, prompting consumers, especially those living paycheck to paycheck, to look for extra ways to supplement their regular income....

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US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
November 08, 2023  |  Debt

Americans now owe $1.08 trillion in credit card debt, a trend being led by millennial consumers. Get the Full Story Complete the form to unlock...

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Disposable Personal Income Growth Lags Pace of Inflation
Disposable Personal Income Growth Lags Pace of Inflation
October 27, 2023  |  Economy

Inflation is strong. Consumer spending is strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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CFPB: Annual Consumer Spending on Credit Cards Hit $3.2 Trillion in 2022
CFPB: Annual Consumer Spending on Credit Cards Hit $3.2 Trillion in 2022
October 25, 2023  |  Debt

Consumers have been racking up credit card debt in the time since pandemic-era relief programs ended. Get the Full Story Complete the form to unlock...

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Report: Twitter Debt Could Come Back to Bite Banks
Report: Twitter Debt Could Come Back to Bite Banks
October 25, 2023  |  Debt

It’s been nearly a year since seven banking giants helped Elon Musk buy Twitter. Get the Full Story Complete the form to unlock this article and...

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Earnest and Payitoff Partner on Reduced Student Loan Payments
Earnest and Payitoff Partner on Reduced Student Loan Payments
October 23, 2023  |  Loans

Student finance FinTech Earnest and debt guidance firm Payitoff have teamed to help borrowers lower student loan payments. Get the Full Story Complete the form to unlock this...

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New Report Finds the Average Consumer Is Overdrawn for 9 Days
New Report Finds the Average Consumer Is Overdrawn for 9 Days
October 12, 2023  |  Consumer Finance

Present economic and financial challenges have compelled individuals from various income brackets and credit backgrounds to resort to overdrafts — a form of credit whereby...

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