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

29 Pct Of Millennials Want To Pay Off Debt In 2019

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. Get the...

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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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SMB Lending Crunch Hits China
SMB Lending Crunch Hits China
November 26, 2018  |  B2B Payments

Small businesses (SMBs) in China are struggling to access bank loans with large, state-owned corporations, according to recent analysis from French trade credit insurer Coface,...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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