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

Report: Minority Consumers Grapple With Debt
Report: Minority Consumers Grapple With Debt
January 14, 2019  |  Consumer Finance

A new report has found that as debt rates have climbed to pre-recession levels, minority consumers are struggling to reach financial parity. A report from...

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From Earnings Crunch To Credit Crunch?
From Earnings Crunch To Credit Crunch?
January 08, 2019  |  Economy

By any reckoning, there may be a reckoning coming for stocks. The December no one wants to remember is in the rearview mirror, while January has...

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29 Pct Of Millennials Want To Pay Off Debt In 2019
29 Pct Of Millennials Want To Pay Off Debt In 2019
January 02, 2019  |  Consumer Finance

Nearly all American millennials plan on making a financial resolution in 2019, with some of the biggest goals being to save more money, budget more...

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Student Loan Debt Hits $1.465 Trillion, Sets New Record
Student Loan Debt Hits $1.465 Trillion, Sets New Record
December 20, 2018  |  Debt

Student loan debt in the U.S. has set a new record, hitting $1.465 trillion in November, according to a new analysis by Bloomberg. According to...

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UK Late Pay Epidemic Looms Over Xmas Season
UK Late Pay Epidemic Looms Over Xmas Season
December 17, 2018  |  B2B Payments

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of...

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Consumer Credit Originations Poised For More Growth In 2019
Consumer Credit Originations Poised For More Growth In 2019
December 12, 2018  |  Loans

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for...

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ShopKeep Closes $65M Growth Round
ShopKeep Closes $65M Growth Round
December 11, 2018  |  Investments

ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to...

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US Lawmakers Want Cheaper Chapter 11 For SMBs
US Lawmakers Want Cheaper Chapter 11 For SMBs
December 03, 2018  |  B2B Payments

According to The Wall Street Journal (WSJ) on Friday (Nov. 30), two U.S. lawmakers proposed a bill to make filing for bankruptcy easier, faster and more affordable...

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LendingTree: US Consumer Debt Approaching $4T   
LendingTree: US Consumer Debt Approaching $4T  
November 30, 2018  |  Debt

LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...

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