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

Retailers Flirt With Junk Ratings While Mall Vacancies Rise
Retailers Flirt With Junk Ratings While Mall Vacancies Rise
October 03, 2017  |  Retail

The junkyard is getting a little bit crowded with retailers. According to a CNBC.com news report, commerce-focused retail companies with a (quite) less than stellar...

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Credit Card Delinquencies Starting To Inch Up Again In The US
Credit Card Delinquencies Starting To Inch Up Again In The US
September 21, 2017  |  Debt

Credit card lenders got a break during the spring in terms of delinquencies, but they are beginning to inch higher again in the U.S. According...

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Another One Bites The Dust: Toys ‘R’ Us Files For Bankruptcy
Another One Bites The Dust: Toys ‘R’ Us Files For Bankruptcy
September 19, 2017  |  Retail

The retail death spiral drags on, and this week we have a new victim: Toys “R” Us. The eponymous toy store has filed for Chapter...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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US Consumer Debt — Ten Years Later
US Consumer Debt — Ten Years Later
August 18, 2017  |  Debt

The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. According to Reuters, total...

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Contactless Sizzles, Consumer Debt Fizzles And Sears And Amazon Spark A Sizzle-Laden Partnership
Contactless Sizzles, Consumer Debt Fizzles And Sears And Amazon Spark A Sizzle-Laden Partnership
July 21, 2017  |  Sizzle/Fizzle

Contactless payments look strong — if you live in the U.K. — and going cashless is increasingly king in China. Meanwhile, consumer debt may have seen another canary drop in...

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Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
July 19, 2017  |  Consumer Finance

A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...

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FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
July 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) is putting the kibosh on a debt collection operation’s illegal activity. The operation had been extorting money from consumers, who...

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