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

Reading Tea Leaves – And Ripple Effects – Of Corporate Default Risk  
Reading Tea Leaves – And Ripple Effects – Of Corporate Default Risk  
November 22, 2019  |  Debt

There’s the old saying: When you owe $500,000, the lender owns you. When you owe $50 million, well, you own the lender. Get the Full...

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Carl Icahn Bets On Mall Owners Defaulting On Debt
Carl Icahn Bets On Mall Owners Defaulting On Debt
November 20, 2019  |  Investments

Billionaire investor Carl Icahn is betting against mall owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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WeWork Reveals 90-Day Plan To Turn Company Around
WeWork Reveals 90-Day Plan To Turn Company Around
November 08, 2019  |  Debt

WeWork, the embattled office space company, has revealed a “90-day game plan” that includes huge changes to the company, including the divestiture of all if...

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David’s Bridal Avoids Bankruptcy With Debt Deal
David’s Bridal Avoids Bankruptcy With Debt Deal
November 05, 2019  |  Retail

David’s Bridal has reached a debt deal, enabling the bridal chain to avoid another round in bankruptcy court. Get the Full Story Complete the form...

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Big Four Seek Guidance On Trade Finance
Big Four Seek Guidance On Trade Finance
October 25, 2019  |  B2B Payments

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place,...

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Struggling French Retailer Casino Lands €1.5B In Debt Equity
Struggling French Retailer Casino Lands €1.5B In Debt Equity
October 23, 2019  |  Loans

French retailer Casino announced that it has raised €1.5 billion ($1.67 billion USD) in bank loans so that it can refinance part of its existing...

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JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
October 16, 2019  |  Earnings

In third-quarter earnings, credit card results at Citigroup Inc., JPMorgan Chase & Co., and Wells Fargo & Co. were a highlight. Nomura’s Bill Carcache noted...

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Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
October 10, 2019  |  Loans

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was...

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Zillow: Student Loans, Medical Debt Roadblocks To Mortgages
Zillow: Student Loans, Medical Debt Roadblocks To Mortgages
September 30, 2019  |  Debt

New data released by Zillow reveals that medical debt and student loans are two of the biggest obstacles facing aspiring home buyers. Get the Full...

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