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

Fed’s Supervision Report Takes Note of Rising Card Delinquencies

Fed’s Supervision Report Takes Note of Rising Card Delinquencies
Fed’s Supervision Report Takes Note of Rising Card Delinquencies
November 18, 2024  |  Banking

The banking system is sound, and resilient, according to the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy...

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New Bank Capital Rules May Pressure Credit Access for Paycheck-to-Paycheck Consumers
New Bank Capital Rules May Pressure Credit Access for Paycheck-to-Paycheck Consumers
November 15, 2024  |  Credit Cards

Consumers are borrowing more on their credit cards — just to pay the monthly bills. Get the Full Story Complete the form to unlock this...

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Fed: Household Debt Nears $18 Trillion as Delinquencies Pressure Consumers
Fed: Household Debt Nears $18 Trillion as Delinquencies Pressure Consumers
November 13, 2024  |  Economy

New government data shows American consumer debt continuing to grow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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CFPB: 63% of Student Loan Borrowers Have Difficulty Making Payments
CFPB: 63% of Student Loan Borrowers Have Difficulty Making Payments
November 13, 2024  |  Debt

Most student loan borrowers have had difficulty making their loan payments, but many don’t know they could choose a different repayment plan that could help...

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Fed Says Consumer Credit Decelerated in September; Card APRs Still at Multiyear Highs
Fed Says Consumer Credit Decelerated in September; Card APRs Still at Multiyear Highs
November 08, 2024  |  Consumer Finance

All eyes were on the Federal Reserve’s interest rate cut this week. Get the Full Story Complete the form to unlock this article and enjoy...

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Small Businesses That Sell Online Outpace Brick-and-Mortar Store Sales
Small Businesses That Sell Online Outpace Brick-and-Mortar Store Sales
November 08, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) that focus on online sales outperform those that rely on physical stores, according to the PYMNTS Intelligence report “SMB Growth...

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Exclusive: Ahead of New Presidential Administration, Paycheck-to-Paycheck Consumers Feel Pinched
Exclusive: Ahead of New Presidential Administration, Paycheck-to-Paycheck Consumers Feel Pinched
November 07, 2024  |  Economy

Regardless of whether they voted for Trump or for Harris, whether they live in a blue state or a red state, the people living paycheck...

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What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024  |  Regulation

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Get the Full Story Complete the form...

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Earnings Season Shows Consumer Pressures on Auto Loan Payments
Earnings Season Shows Consumer Pressures on Auto Loan Payments
October 21, 2024  |  Loans

Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas...

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