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

Why The Final Payday Lending Rules Are Far From The Last Word

Why The Final Payday Lending Rules Are Far From The Last Word
Why The Final Payday Lending Rules Are Far From The Last Word
October 11, 2017  |  Alternative Finances

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Get the...

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Indian Bank’s Sour Loans Hit Near $146B
Indian Bank’s Sour Loans Hit Near $146B
October 11, 2017  |  Loans

Reuters reported that bad debt continues to linger on Indian banks’ balance sheets. On Tuesday (Oct. 10), the newswire said that the souring loans totaled...

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Payday Lending Viewed From Inside A NY Courtroom
Payday Lending Viewed From Inside A NY Courtroom
October 04, 2017  |  Legal

The payday lending and debt collection industry is controversial, to say the least, and it is getting a day in court. Get the Full Story...

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Retailers Flirt With Junk Ratings While Mall Vacancies Rise
Retailers Flirt With Junk Ratings While Mall Vacancies Rise
October 03, 2017  |  Retail

The junkyard is getting a little bit crowded with retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Credit Card Delinquencies Starting To Inch Up Again In The US
Credit Card Delinquencies Starting To Inch Up Again In The US
September 21, 2017  |  Debt

Credit card lenders got a break during the spring in terms of delinquencies, but they are beginning to inch higher again in the U.S. Get...

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Another One Bites The Dust: Toys ‘R’ Us Files For Bankruptcy
Another One Bites The Dust: Toys ‘R’ Us Files For Bankruptcy
September 19, 2017  |  Retail

The retail death spiral drags on, and this week we have a new victim: Toys “R” Us. Get the Full Story Complete the form to...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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US Consumer Debt — Ten Years Later
US Consumer Debt — Ten Years Later
August 18, 2017  |  Debt

The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. Get the Full Story...

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