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

Unpaid Student Loans And Credit Card Debt Mount In US
Unpaid Student Loans And Credit Card Debt Mount In US
August 15, 2019  |  Debt

An increasing number of Americans are struggling to keep up with their student loan and credit card debt, Reuters reported on Tuesday (Aug. 13). The...

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State Regulators Investigate Payday Advances
State Regulators Investigate Payday Advances
August 08, 2019  |  Alternative Finances

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the...

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DeepMind AI Firm Owes £1.04bn To Owner Alphabet
DeepMind AI Firm Owes £1.04bn To Owner Alphabet
August 07, 2019  |  Debt

DeepMind, an artificial intelligence company based in London that Google bought for £400 million ($486 million) in 2014, is deeply in debt and owes its...

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The Struggle To Make Tuition Payments On Time Is Real
The Struggle To Make Tuition Payments On Time Is Real
August 05, 2019  |  Consumer Finance

The student debt crisis is no joke — loans considered to be in “serious delinquency” continue to increase, which is why it’s not surprising that...

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Comment Period Extended For CFBP Debt Proposal
Comment Period Extended For CFBP Debt Proposal
August 02, 2019  |  Regulation

The Consumer Financial Protection Bureau (CFPB) has extended the comment period for its Notice of Proposed Rulemaking (NPRM) before it implements the Fair Debt Collection...

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U.S. Farming Has A Banking Problem
U.S. Farming Has A Banking Problem
July 15, 2019  |  B2B Payments

The latest jobs figures propel the lengthy period of corporate optimism in the U.S. today, with hiring stronger than expected in June. While concerns over...

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Debt Loads Hobble Chinese Firms
Debt Loads Hobble Chinese Firms
July 09, 2019  |  Economy

There’s an old saying in investing, which, paraphrased, works out to “you only find out who is swimming naked when the tide goes out.” In...

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Deep Dive: Why CU-Issued Credit Cards Face An Uphill Battle
Deep Dive: Why CU-Issued Credit Cards Face An Uphill Battle
June 21, 2019  |  Credit Unions

Customers weigh various factors when selecting their financial institutions (FIs). A recent study conducted by financial services provider Kasasa and The Harris Poll found approximately...

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LendingClub President On Credit That Builds Savings
LendingClub President On Credit That Builds Savings
June 19, 2019  |  Consumer Finance

A fine line separates debt and savings (between the black hole of high-interest credit card payments and the slow progress of financial health), and that...

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