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

Average American’s Holiday Debt Goes Up 5 Percent
Average American’s Holiday Debt Goes Up 5 Percent
January 03, 2018  |  Retail

The average American got swept up in the holiday spirit this season, accumulating an average of $1,054 of debt — about 5 percent more than...

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Chinese Bank Lending Hits Record On Corporate Finance Demand
Chinese Bank Lending Hits Record On Corporate Finance Demand
December 12, 2017  |  B2B Payments

Demand for corporate finance helped propel China’s banks to new lending records in November, according to news from Reuters on Monday (Dec. 11). Chinese banks provided $169.27...

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Waddle Lands $38 Million In Debt Funding
Waddle Lands $38 Million In Debt Funding
November 29, 2017  |  B2B Payments

Australia-based alternative small business (SMB) lender Waddle has reportedly received new debt financing. According to news in The Australian on Tuesday (Nov. 28), Waddle secured about...

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Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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Goldman Sees $13B In Consumer Loans In Its Future
Goldman Sees $13B In Consumer Loans In Its Future
November 15, 2017  |  Loans

Goldman Sachs revealed that it can reach $13 billion in new consumer loans in the next three years through its Marcus online lending business. According...

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Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
November 14, 2017  |  Today In Data

B2B payments are powerful, but so are mounting debts. Innovative technology is making it increasingly easy for companies and individuals to exchange money for goods...

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The RX For Healthy Payments Processes
The RX For Healthy Payments Processes
November 14, 2017  |  Payment Methods

Amid momentous changes in healthcare, debt is on the rise, while deductibles are high. How to set in place a positive practice management payments process?...

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More Potential Homeowners Turning To Alternative Lending
More Potential Homeowners Turning To Alternative Lending
November 02, 2017  |  Loans

A growing number of potential U.S. homebuyers are turning to alternative lenders to purchase their dream homes. According to news from CNBC, six of the...

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The CFPB Criticizes Increase In Long-Term Auto Loans
The CFPB Criticizes Increase In Long-Term Auto Loans
November 02, 2017  |  CFPB

According to the latest report by the Consumer Financial Protection Bureau (CFPB), long-term auto loans are on the rise. The CFPB’s data finds that 42...

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