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

Ripple Effects For Banks, Visa And Mastercard As Consumers Cut Card Balances
Ripple Effects For Banks, Visa And Mastercard As Consumers Cut Card Balances
May 12, 2021  |  Debt

Americans are still borrowing – but not with their cards, which seem to have been kept firmly in their proverbial wallets. There is a reticence...

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Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day Delivery
Today In Payments: eBay Now Offers UK SMB Loans; DoorDash, Rite Aid Partner For Same-Day...
May 12, 2021  |  News

In today’s top news, eBay will offer loans to U.K. small- to medium-sized businesses (SMBs), and Rite Aid will offer same-day delivery through DoorDash. Plus,...

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Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
May 04, 2021  |  Business

The U.S. saw 10 bankruptcy filings by large corporates with at least $50 million in liabilities in April, but that’s almost 50 percent lower than...

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Rho Announces $100 Million Debt Financing
Rho Announces $100 Million Debt Financing
April 29, 2021  |  B2B Payments

Rho Technologies has announced a $100 million debt financing from global impact investment firm, Community Investment Management (CIM), which will go toward new strategic investments...

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Today In Digital-First Banking: Drury Tapped To Lead Telecom, Tech Banking For Citi; UK Examines Benefits Of ‘Britcoin’
Today In Digital-First Banking: Drury Tapped To Lead Telecom, Tech Banking For Citi; UK Examines...
April 20, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Philip Drury has been chosen to lead an investment banking group for Citigroup that is focused on firms...

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PSCU-Owned CU Recovery Collects Record $3 Million In Charged-off Debt
PSCU-Owned CU Recovery Collects Record $3 Million In Charged-off Debt
April 19, 2021  |  Credit Unions

CU Recovery, a PSCU company, said on Monday (April 19) that it collected a record $3 million in charged-off debt last month for its 850-plus...

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Digital Bank Brings Special Treatment To Debt-Strapped Doctors
Digital Bank Brings Special Treatment To Debt-Strapped Doctors
April 13, 2021  |  Digital-First Banking

Physician, heal thyself — financially. Student debt in times of financial stress can be a crushing burden. That’s especially true for individuals who have chosen...

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Rectangle Health Shares Retail Prescription For Payment Plans
Rectangle Health Shares Retail Prescription For Payment Plans
March 25, 2021  |  Healthcare

In the era of high deductibles and patients taking on an ever-increasing share of healthcare paid out of pocket, medical expenses are turning into a...

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