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

BoA Says Half Of All Workers Stressed Out Over Money

BoA Says Half Of All Workers Stressed Out Over Money
BoA Says Half Of All Workers Stressed Out Over Money
June 02, 2017  |  Consumer Finance

Bank of America Merrill Lynch released a new study Thursday (June 1) that shows 56 percent of workers are stressed out about their finances. What’s...

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Big Banks Back Away From Auto Loans
Big Banks Back Away From Auto Loans
May 30, 2017  |  Loans

Big banks are pulling back from the $1.2 trillion U.S. car loan market due to fears that consumers have taken on more debt than they...

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Flying The Prepaid Skies
Flying The Prepaid Skies
May 26, 2017  |  News

Not everyone wants to use credit cards to grab miles in the sky while debt accrues on the ground. Netspend and United Airlines are linking...

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Baby Boomers vs. Millennials: Which Generation Has More Entrepreneurs?
Baby Boomers vs. Millennials: Which Generation Has More Entrepreneurs?
May 10, 2017  |  Business

Starting a new business can be a long, arduous and daunting road for anyone in today’s fast-paced and ever-changing society. Get the Full Story Complete...

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Debt Collection, Made Easier And … Gentler?
Debt Collection, Made Easier And … Gentler?
May 09, 2017  |  Data Drivers

Debt may be among the most four letter of the four-letter words when payback goes awry. And against the burden of interest — and in the...

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CFPB Snapshot Highlights Biggest Student Loan Complaints
CFPB Snapshot Highlights Biggest Student Loan Complaints
April 26, 2017  |  Loans

The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may...

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Helping Investors Avoid The Lending Club Trap
Helping Investors Avoid The Lending Club Trap
April 26, 2017  |  Loans

Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global...

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Credit Card Debt Tops $1 Trillion
Credit Card Debt Tops $1 Trillion
April 11, 2017  |  Payment Methods

Credit card debt has surpassed the $1 trillion market in the U.S., joining student loan and auto debt to reach more than $1 trillion. Get...

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Investors Help Students Avoid Debt With Income Share Agreements
Investors Help Students Avoid Debt With Income Share Agreements
April 10, 2017  |  Alternative Finances

As an alternative to Federal Plus and private student loans, more students are looking to income share agreements as a way to fund higher education....

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