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

Data Shows Most Consumers Are Managing Credit Despite Pressures

Data Shows Most Consumers Are Managing Credit Despite Pressures
Data Shows Most Consumers Are Managing Credit Despite Pressures
August 08, 2025  |  Consumer Finance

The conventional wisdom is that consumers in the United States, burdened by debt, are trapped in a cycle of using credit to get what they...

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Claire’s Declares Second Bankruptcy Amid Brick-and-Mortar Shopping Drop
Claire’s Declares Second Bankruptcy Amid Brick-and-Mortar Shopping Drop
August 06, 2025  |  Retail

Kid-friendly accessories retailer Claire’s is declaring bankruptcy for the second time in seven years. Get the Full Story Complete the form to unlock this article...

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Consumer Card Debt Paydowns May Prove Temporary Amid Tariff and Inflation Uncertainty
Consumer Card Debt Paydowns May Prove Temporary Amid Tariff and Inflation Uncertainty
July 09, 2025  |  Consumer Finance

In May, the pace of consumer credit, overall, decelerated. And in one positive sign, credit card balances decreased for the first time in since the...

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JPMorgan Launches $2 Billion ETF as Exec Backs High-Yield Debt Over Private Credit
JPMorgan Launches $2 Billion ETF as Exec Backs High-Yield Debt Over Private Credit
June 25, 2025  |  Investments

Finite opportunities in private credit are creating public, high-yield debt opportunities, J.P. Morgan Asset Management CEO George Gatch said, according to a Wednesday (June 25)...

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Spending Dips 13% As Gen Z Makes Saving ‘Cool’
Spending Dips 13% As Gen Z Makes Saving ‘Cool’
June 25, 2025  |  Consumer Insights

For younger Americans in the Generation Z cohort, spending is out, while saving is reportedly in. Get the Full Story Complete the form to unlock...

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US Consumers Funnel Side Hustle Cash Directly Into Paying Bills
US Consumers Funnel Side Hustle Cash Directly Into Paying Bills
June 19, 2025  |  Consumer Insights

Traditional 9-to-5 employment, and the bi-weekly paycheck, is no longer sufficient for a significant portion of the U.S. population, leading many to pursue alternative income...

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Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
June 06, 2025  |  Economy

The paydowns earlier this year were temporary. And as the latest consumer credit data from the Federal Reserve on Friday (June 6) indicated, consumers turned...

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Reports: xAI Launches $5 Billion Debt Sale and $300 Million Share Sale
Reports: xAI Launches $5 Billion Debt Sale and $300 Million Share Sale
June 02, 2025  |  Artificial Intelligence

Elon Musk’s artificial intelligence company, xAI, reportedly launched a $5 billion debt sale and a $300 million share sale. Get the Full Story Complete the...

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FICO Scores Come Under Scrutiny and Lenders Eye New Ways to Assess Risk
FICO Scores Come Under Scrutiny and Lenders Eye New Ways to Assess Risk
May 28, 2025  |  Alternative Finances

The FICO score is arguably shorthand for creditworthiness — a triple-digit number that helps determine mortgages and all manner of debt that’s extended to applicants,...

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