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

Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
November 14, 2017  |  Today In Data

B2B payments are powerful, but so are mounting debts. Innovative technology is making it increasingly easy for companies and individuals to exchange money for goods...

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The RX For Healthy Payments Processes
The RX For Healthy Payments Processes
November 14, 2017  |  Payment Methods

Amid momentous changes in healthcare, debt is on the rise, while deductibles are high. How to set in place a positive practice management payments process?...

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More Potential Homeowners Turning To Alternative Lending
More Potential Homeowners Turning To Alternative Lending
November 02, 2017  |  Loans

A growing number of potential U.S. homebuyers are turning to alternative lenders to purchase their dream homes. According to news from CNBC, six of the...

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The CFPB Criticizes Increase In Long-Term Auto Loans
The CFPB Criticizes Increase In Long-Term Auto Loans
November 02, 2017  |  CFPB

According to the latest report by the Consumer Financial Protection Bureau (CFPB), long-term auto loans are on the rise. The CFPB’s data finds that 42...

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FTC Gets $4.1M Judgment Against Fake Payday Lender
FTC Gets $4.1M Judgment Against Fake Payday Lender
October 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. In a...

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Private Equity Firm Acquires Ruby Tuesday
Private Equity Firm Acquires Ruby Tuesday
October 16, 2017  |  Retail

According to CNBC news reports published on Monday (Oct. 16), Beall, Illinois-based food service retailer Ruby Tuesday has agreed to an acquisition by Atlanta, Georgia,...

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Why The Final Payday Lending Rules Are Far From The Last Word
Why The Final Payday Lending Rules Are Far From The Last Word
October 11, 2017  |  Alternative Finances

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. As one...

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Indian Bank’s Sour Loans Hit Near $146B
Indian Bank’s Sour Loans Hit Near $146B
October 11, 2017  |  Loans

Reuters reported that bad debt continues to linger on Indian banks’ balance sheets. On Tuesday (Oct. 10), the newswire said that the souring loans totaled...

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Payday Lending Viewed From Inside A NY Courtroom
Payday Lending Viewed From Inside A NY Courtroom
October 04, 2017  |  Legal

The payday lending and debt collection industry is controversial, to say the least, and it is getting a day in court. As The Wall Street...

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