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

Credit Bureaus’ Medical Debt Move Spotlights Affordability Issues
Credit Bureaus’ Medical Debt Move Spotlights Affordability Issues
March 18, 2022  |  Healthcare

Bit by bit, the realities of the paycheck-to-paycheck economy are changing the way credit, and creditworthiness, is monitored. To that end, the three major credit...

READ MORE >
Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
March 17, 2022  |  Economy

Buckle up for a wild show as COVID exits stage left while a new villain — inflation — swoops in from all sides, weakening the...

READ MORE >
As Traditional Funding Sees Headwinds, Venture Debt Investments Set to Rise 
As Traditional Funding Sees Headwinds, Venture Debt Investments Set to Rise 
March 16, 2022  |  Investments

In the age of tightening purse strings, as interest rates soar and investors demand ever-higher returns on capital to compensate for risk, in the months...

READ MORE >
Latest US Consumer Debt Data May Show Some Warning Signs Ahead
Latest US Consumer Debt Data May Show Some Warning Signs Ahead
March 08, 2022  |  Debt

At first glance, the read-across from the latest data from the U.S. Federal Reserve should be encouraging. Consumers are feeling more confident — so they...

READ MORE >
CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
CFPB: Americans Trapped in $88B Medical Billing “Doom Loop”
March 01, 2022  |  Healthcare

The American healthcare system is held up by a billing, payments, collections and credit reporting infrastructure riddled with mistakes, the Consumer Financial Protection Bureau (CFPB)...

READ MORE >
Installment Plans Help ‘COVID-Poor’ Consumers Tackle ‘Government Debt’
Installment Plans Help ‘COVID-Poor’ Consumers Tackle ‘Government Debt’
February 28, 2022  |  Debt

It’s getting harder to pay the rent, the mortgage and the bills, such as water and energy services, that are so critical for day-to-day life....

READ MORE >
Tech Platform Promise Raises $25M in Series B
Tech Platform Promise Raises $25M in Series B
February 24, 2022  |  Investments

Promise, a tech platform that helps people pay debt, has raised more than $25 million in a Series B round, according to a Thursday (Feb....

READ MORE >
Air France-KLM to Repay State Aid by Raising $4.5B
Air France-KLM to Repay State Aid by Raising $4.5B
February 17, 2022  |  International

Air France-KLM wants to be free of bans on acquisitions as soon as it can by repaying state aid. To do so, the Financial Times...

READ MORE >
US Household Debt Increased $333B in Q4 of 2021
US Household Debt Increased $333B in Q4 of 2021
February 08, 2022  |  Debt

Total U.S. household debt increased 2.2%, or $333 billion, to $15.58 trillion in the fourth quarter of 2021, according to a Tuesday (Feb. 8) press...

READ MORE >