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

Millennials With Student Loans to Lose 6.5% of Spending Power as Repayments Resume
Millennials With Student Loans to Lose 6.5% of Spending Power as Repayments Resume
June 06, 2023  |  Debt

Federal student loan payments are resuming after a three-year moratorium, putting a dent in millennial and Generation Z consumers’ disposable income. Get the Full Story...

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Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
June 02, 2023  |  Debt

Credit card use is up, and card balances are increasing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Diebold Nixdorf Seeks Bankruptcy Protection to Stay Afloat
Diebold Nixdorf Seeks Bankruptcy Protection to Stay Afloat
May 30, 2023  |  Business

Retail technology company Diebold Nixdorf is seeking bankruptcy protection to reduce debt and stay liquid. Get the Full Story Complete the form to unlock this article and...

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Credit Card Debt Hits $1 Trillion Mark Amid ‘Nonstop’ Spending
Credit Card Debt Hits $1 Trillion Mark Amid ‘Nonstop’ Spending
May 30, 2023  |  Debt

How high is America’s credit card debt? The answer varies from source to source. Get the Full Story Complete the form to unlock this article...

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Earnings Season Sheds Light on Rising Card Delinquencies
Earnings Season Sheds Light on Rising Card Delinquencies
May 15, 2023  |  Debt

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
May 08, 2023  |  Debt

Borrowing among consumers jumped in March amid a sharp spike in credit card use. Get the Full Story Complete the form to unlock this article...

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Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
May 07, 2023  |  Connected Economy

Credit card balances are rising as revolving debt surges at double-digit rates. Get the Full Story Complete the form to unlock this article and enjoy...

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Pay Growth Slows As Workers ‘Come Off the Sidelines’
Pay Growth Slows As Workers ‘Come Off the Sidelines’
May 03, 2023  |  Economy

Private employers went on a hiring spree in April but were less quick to raise wages. Get the Full Story Complete the form to unlock...

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Drained Savings Push 21% of Paycheck-to-Paycheck Consumers Into Financial Distress
Drained Savings Push 21% of Paycheck-to-Paycheck Consumers Into Financial Distress
May 02, 2023  |  Consumer Insights

Consumers are drifting deeper into financial uncertainty while scrambling to cover costs. Get the Full Story Complete the form to unlock this article and enjoy...

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