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

Credit Reporting Agencies Will Start Removing Most Medical Debts
Credit Reporting Agencies Will Start Removing Most Medical Debts
March 18, 2022  |  Debt

The three largest credit reporting agencies will start removing medical debt from consumers’ reports beginning in July in a move that over time will result...

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Argentine’s Congress Favors IMF Debt Deal to Dampen Cryptocurrency
Argentine’s Congress Favors IMF Debt Deal to Dampen Cryptocurrency
March 18, 2022  |  Cryptocurrency

Argentine’s Senate has approved a $45 billion deal with the International Monetary Fund (IMF) that includes a provision that discourages cryptocurrencies, CoinDesk.com reported Friday (March...

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In $44B Argentine Debt Deal, IMF Shows Growing Willingness to Coerce Anti-Crypto Policies
In $44B Argentine Debt Deal, IMF Shows Growing Willingness to Coerce Anti-Crypto Policies
March 18, 2022  |  Cryptocurrency

Buried in the text of the deal the Argentine Senate’s approved on March 18 to refinance its $44 billion debt to the International Monetary Fund...

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Credit Bureaus’ Medical Debt Move Spotlights Affordability Issues
Credit Bureaus’ Medical Debt Move Spotlights Affordability Issues
March 18, 2022  |  Healthcare

Bit by bit, the realities of the paycheck-to-paycheck economy are changing the way credit, and creditworthiness, is monitored. To that end, the three major credit...

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Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
March 17, 2022  |  Economy

Buckle up for a wild show as COVID exits stage left while a new villain — inflation — swoops in from all sides, weakening the...

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As Traditional Funding Sees Headwinds, Venture Debt Investments Set to Rise 
As Traditional Funding Sees Headwinds, Venture Debt Investments Set to Rise 
March 16, 2022  |  Investments

In the age of tightening purse strings, as interest rates soar and investors demand ever-higher returns on capital to compensate for risk, in the months...

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Latest US Consumer Debt Data May Show Some Warning Signs Ahead
Latest US Consumer Debt Data May Show Some Warning Signs Ahead
March 08, 2022  |  Debt

At first glance, the read-across from the latest data from the U.S. Federal Reserve should be encouraging. Consumers are feeling more confident — so they...

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CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
March 01, 2022  |  Healthcare

The American healthcare system is held up by a billing, payments, collections and credit reporting infrastructure riddled with mistakes, the Consumer Financial Protection Bureau (CFPB)...

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Installment Plans Help ‘COVID-Poor’ Consumers Tackle ‘Government Debt’
Installment Plans Help ‘COVID-Poor’ Consumers Tackle ‘Government Debt’
February 28, 2022  |  Debt

It’s getting harder to pay the rent, the mortgage and the bills, such as water and energy services, that are so critical for day-to-day life....

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