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

Startup Pillar Aims To Help Students Pay Down Debt

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...

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When Employee Debt Becomes Employers’ Stress
When Employee Debt Becomes Employers’ Stress
April 25, 2019  |  Faster Payments

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

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Consumers Still Have Much To Learn To Reach Financial Literacy
Consumers Still Have Much To Learn To Reach Financial Literacy
April 24, 2019  |  Financial Inclusion

As Financial Literacy month comes to a close, we take a look at how consumers are faring with their finances. Despite being saddled with debt,...

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Wanted: Cybersecurity Aces — Mastercard, Partners Have A Plan
Wanted: Cybersecurity Aces — Mastercard, Partners Have A Plan
April 10, 2019  |  Mastercard

Here’s a bit of heresy for 2019: Data’s not everything. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
March 07, 2019  |  Consumer Finance

The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an “unacceptable” number of...

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How Frank Wants To Help Students Stay Away From Debt
How Frank Wants To Help Students Stay Away From Debt
March 06, 2019  |  Alternative Finances

Much has been written about the student loan crisis in the U.S. Get the Full Story Complete the form to unlock this article and enjoy...

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Munchery Leaves Consumers, Vendors Out $6M
Munchery Leaves Consumers, Vendors Out $6M
March 05, 2019  |  Subscriptions

Meal kit service Munchery has filed for bankruptcy and still owes $3 million in unfulfilled customer gift cards and another $3 million to its vendors...

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Young Adults Have Record Debt Surpassing $1T
Young Adults Have Record Debt Surpassing $1T
February 25, 2019  |  Debt

Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since...

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Companies Opting For Term Loans To Slash Debt Loads
Companies Opting For Term Loans To Slash Debt Loads
February 25, 2019  |  B2B Payments

In an attempt to slash debt and avoid a downgrade in their credit ratings, some U.S. companies are opting for term loans. Get the Full...

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