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

Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
September 23, 2022  |  Cryptocurrency

El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default...

READ MORE >
Startup Venture Debt Rising as Investors Grow Cautious
Startup Venture Debt Rising as Investors Grow Cautious
September 13, 2022  |  Debt

After a 10-year boom flush with venture capital cash, startups are taking on more risk and debt as investors put away their checkbooks and offer...

READ MORE >
Rising Card Delinquency Rates Spotlight Paycheck-to-Paycheck Pressures
Rising Card Delinquency Rates Spotlight Paycheck-to-Paycheck Pressures
September 12, 2022  |  Credit Cards

The paycheck-to-paycheck pressures are showing up in the cards. Though we don’t have all the details yet, from all the issuers, there are at least...

READ MORE >
CFPB, CMS Crack Down on Illegal Nursing Home Debt Collections
CFPB, CMS Crack Down on Illegal Nursing Home Debt Collections
September 08, 2022  |  CFPB

Family and friends signing admission agreements with residential nursing care facilities cannot be held liable for unpaid debts associated with a patient’s stay, according to...

READ MORE >
Tamara CEO Says Data Refutes BNPL’s Debt Trap Myth
Tamara CEO Says Data Refutes BNPL’s Debt Trap Myth
August 26, 2022  |  BNPL

At a time of growing investor concerns and a retracting investment landscape that has led to a dip in valuations of many global firms, it’s...

READ MORE >
Student Loan Forgiveness Offers Cash-Strapped Consumers Breathing Room
Student Loan Forgiveness Offers Cash-Strapped Consumers Breathing Room
August 24, 2022  |  Loans

The cancellation of student debt may be a bit of a political football. Some opponents argue that the debt should not be cancelled, as the...

READ MORE >
Stablecoin Issuers Account for 2% of US Treasuries Market
Stablecoin Issuers Account for 2% of US Treasuries Market
August 21, 2022  |  Cryptocurrency

Tether and Circle, among other stablecoin issuers, are currently holding $80 billion worth of short-term U.S. government debt, which shows how digital asset players are...

READ MORE >
Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers
Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers
August 15, 2022  |  Partnerships

U.K.-based DebtTech company Trustfolio has partnered with Equifax on a new open banking-powered feature designed to give debt advisers better access to bank transaction data....

READ MORE >
NY Fed: Household Debt Tops $16T in Q2
NY Fed: Household Debt Tops $16T in Q2
August 02, 2022  |  Debt

Total household debt has increased to $16.2 trillion in the second quarter of 2022, up $312 billion in the past three months and $2 trillion...

READ MORE >