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

Americans Want Small Businesses To Boost Wages With Tax Cuts
Americans Want Small Businesses To Boost Wages With Tax Cuts
February 23, 2018  |  B2B Payments

A new survey from CNBC and SurveyMonkey finds small businesses (SMBs) across the U.S. aren’t going to give their workers raises despite tax breaks headed...

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What The Climbing Debt Defaults Really Mean For The Economy
What The Climbing Debt Defaults Really Mean For The Economy
February 20, 2018  |  Alternative Finances

By many measures, the economy looks strong. The stock market — despite a fairly steepWh correction a week ago — is still well ahead of where...

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LendingClub: Getting Borrowers Off The Credit Hamster Wheel
LendingClub: Getting Borrowers Off The Credit Hamster Wheel
February 05, 2018  |  Banking

Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It...

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Neiman Marcus CEO Stepping Down
Neiman Marcus CEO Stepping Down
January 04, 2018  |  Retail

Karen Katz, CEO of Neiman Marcus Group, will be stepping down from her post, where she has served since 2010, according to news from The...

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Average American’s Holiday Debt Goes Up 5 Percent
Average American’s Holiday Debt Goes Up 5 Percent
January 03, 2018  |  Retail

The average American got swept up in the holiday spirit this season, accumulating an average of $1,054 of debt — about 5 percent more than...

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Chinese Bank Lending Hits Record On Corporate Finance Demand
Chinese Bank Lending Hits Record On Corporate Finance Demand
December 12, 2017  |  B2B Payments

Demand for corporate finance helped propel China’s banks to new lending records in November, according to news from Reuters on Monday (Dec. 11). Chinese banks provided $169.27...

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Waddle Lands $38 Million In Debt Funding
Waddle Lands $38 Million In Debt Funding
November 29, 2017  |  B2B Payments

Australia-based alternative small business (SMB) lender Waddle has reportedly received new debt financing. According to news in The Australian on Tuesday (Nov. 28), Waddle secured about...

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Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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Goldman Sees $13B In Consumer Loans In Its Future
Goldman Sees $13B In Consumer Loans In Its Future
November 15, 2017  |  Loans

Goldman Sachs revealed that it can reach $13 billion in new consumer loans in the next three years through its Marcus online lending business. According...

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