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

The Struggle To Make Tuition Payments On Time Is Real

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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.” Get...

READ MORE >
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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
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...

READ MORE >
China Considers SMB Bankruptcy Path
China Considers SMB Bankruptcy Path
May 31, 2019  |  B2B Payments

Chinese regulation does not offer a way for individuals to discharge the debt they cannot pay. According to reports in The Economist, small business (SMB)...

READ MORE >
Student Loan Scammer Settles With FTC For $11M
Student Loan Scammer Settles With FTC For $11M
May 31, 2019  |  Legal

The leader of a student loan debt relief scheme has agreed to settle with the Federal Trade Commission’s (FTC’s) charges that he stole $11 million...

READ MORE >
Startup Pillar Aims To Help Students Pay Down Debt
Startup Pillar Aims To Help Students Pay Down Debt
May 30, 2019  |  Investments

A new startup named Pillar, which aims to help students pay down loan debt, recently received $5.5 million in seed money from Kleiner Perkins, according...

READ MORE >