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

College Payments Co UMB Blackboard Transact Could Sell For $720M
College Payments Co UMB Blackboard Transact Could Sell For $720M
February 13, 2019  |  Partnerships / Acquisitions

Providence Equity Partners is reportedly looking at takeover offers for UMB Blackboard Transact, a campus-focused payments company that could sell for around $720 million. According...

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Deutsche Burdened By High Interest Rate Payments
Deutsche Burdened By High Interest Rate Payments
February 11, 2019  |  Banking

Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which could lead to...

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Are Mortgages The On-Ramp For Lifelong Financial Management?
Are Mortgages The On-Ramp For Lifelong Financial Management?
February 04, 2019  |  Alternative Finances

Of the scores of innovations and updates to consumer lending seen and written about over the last decade or so, speed is always offered as...

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Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
February 04, 2019  |  Consumer Finance

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. For one thing, the portion of consumers...

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Fizzle Of The Week: Munchery And The Suppliers Left Behind
Fizzle Of The Week: Munchery And The Suppliers Left Behind
January 25, 2019  |  Sizzle/Fizzle

Despite raising over $125 million in venture funding from the likes of Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital,...

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More Americans Inch Toward Maxing Out Cards
More Americans Inch Toward Maxing Out Cards
January 24, 2019  |  Debt

Taking it to the limit, indeed. News came this week that global debt – that which is shouldered by governments and the private sector –...

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Bank Of America, Citi Back Lampert To Save Sears
Bank Of America, Citi Back Lampert To Save Sears
January 21, 2019  |  Retail

ESL Investments has found backing for its $5.2 billion bid to save Sears Holdings Corp. Last week, Eddie Lampert won a bankruptcy court auction for the...

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Late Payments A Government Hallmark In The UK — And US, Too
Late Payments A Government Hallmark In The UK — And US, Too
January 21, 2019  |  B2B Payments

As the government shutdown dragged on into the weekend, the impact of late payments on contractors got the spotlight in outlets such as Bloomberg. As...

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Gymboree Set To File For Bankruptcy
Gymboree Set To File For Bankruptcy
January 15, 2019  |  Retail

Gymboree Group is expected to file for bankruptcy protection – again as soon as this week. According to an anonymous source who spoke to CNBC,...

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