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

Back To Normal: China Draws Down Economic Stimulus Efforts
Back To Normal: China Draws Down Economic Stimulus Efforts
March 15, 2021  |  International

China, as it sees the effects of the pandemic recede, has begun wrapping up its pandemic economic stimulus efforts, the Wall Street Journal (WSJ) writes....

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Report: Chinese Regulators Target High-Living, Loan-Fueled Lifestyles Of Youth
Report: Chinese Regulators Target High-Living, Loan-Fueled Lifestyles Of Youth
March 14, 2021  |  Loans

Chinese regulators who have targeted the sprawling Ant Group and the country’s growing online lending sector are motivated in part by a desire to curtail...

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Stocks, Real Estate Push US Household Net Worth To $130.2T
Stocks, Real Estate Push US Household Net Worth To $130.2T
March 12, 2021  |  Economy

The worth of U.S. households hit a new high at the end of 2020, hitting $130.2 trillion, The Wall Street Journal (WSJ) reported. That happened...

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Rightfoot Aims To Recreate Infrastructure For Repaying Student Loans
Rightfoot Aims To Recreate Infrastructure For Repaying Student Loans
March 12, 2021  |  Loans

Collectively, Americans owe roughly $1.7 trillion in student loan debt, a figure likely to continue climbing as the cost of education continues to rise alongside...

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Today In Payments: Credit Card Debt Fell $1.3 Billion In January; Robinhood IPO Headed For Nasdaq
Today In Payments: Credit Card Debt Fell $1.3 Billion In January; Robinhood IPO Headed For...
March 08, 2021  |  News

In today’s top news, U.S. credit card debt fell to its lowest level since 2017, and Robinhood plans to go public on Nasdaq. Plus, Instacart...

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Consumer Credit Card Debt Hits Lowest Point Since 2017
Consumer Credit Card Debt Hits Lowest Point Since 2017
March 08, 2021  |  Debt

U.S. credit card debt dropped to its lowest point since 2017 as borrowing fell off in January for the first time since August, the Associated...

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Physical Merchants Get Assist In Riding BNPL Wave
Physical Merchants Get Assist In Riding BNPL Wave
March 08, 2021  |  Buy Now Pay Later

Let’s enter the payments wayback machine. It’s 2007. “Shrek” and “Harry Potter” rule the box office. Beyonce dominates the pop charts. The iPhone is a...

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Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021  |  CFPB

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid...

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Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
February 17, 2021  |  Debt

According to a new report from the Federal Reserve, total household debt rose to $14.56 trillion in the fourth quarter of 2020, an increase of...

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