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

Student Debt In ‘Serious Delinquency’ Grows
Student Debt In ‘Serious Delinquency’ Grows
February 18, 2019  |  Loans

Student debt in arrears has hit record highs as measured by data gleaned from the Federal Reserve Bank of New York, Bloomberg reports. Get the...

READ MORE >
Dampening Earnings Outlook Signals US Corporate Recession?
Dampening Earnings Outlook Signals US Corporate Recession?
February 18, 2019  |  Earnings

A recession is generally defined as two consecutive quarters of negative growth. You may be, of course, familiar with the idea of an economy in recession,...

READ MORE >
In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

READ MORE >
Economists: US Debt Levels Not ‘Catastrophic’
Economists: US Debt Levels Not ‘Catastrophic’
February 18, 2019  |  Debt

Although the nation’s debt is on the rise, some economists are saying the unexpected: the U.S. shouldn’t be that concerned about it. Get the Full...

READ MORE >
Moody’s: U.S. Household, Credit Debt Grow Modestly, Auto Delinquencies Decline
Moody’s: U.S. Household, Credit Debt Grow Modestly, Auto Delinquencies Decline
February 13, 2019  |  Consumer Finance

Moody’s Investors Service, an American Credit rating firm, has released its quarterly Pulse of Consumer Credit report, and in a report emailed to PYMNTS, it...

READ MORE >
College Payments Co UMB Blackboard Transact Could Sell For $720M
College Payments Co UMB Blackboard Transact Could Sell For $720M
February 13, 2019  |  Partnerships / Acquisitions

Providence Equity Partners is reportedly looking at takeover offers for UMB Blackboard Transact, a campus-focused payments company that could sell for around $720 million. According...

READ MORE >
Deutsche Burdened By High Interest Rate Payments
Deutsche Burdened By High Interest Rate Payments
February 11, 2019  |  Banking

Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which could lead to...

READ MORE >
Are Mortgages The On-Ramp For Lifelong Financial Management?
Are Mortgages The On-Ramp For Lifelong Financial Management?
February 04, 2019  |  Alternative Finances

Of the scores of innovations and updates to consumer lending seen and written about over the last decade or so, speed is always offered as...

READ MORE >
Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
February 04, 2019  |  Consumer Finance

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. Get the Full Story Complete the form...

READ MORE >