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

Card Delinquencies, Pressure on Account Openings Signal Rocky Road for Banks, Payment Networks
Card Delinquencies, Pressure on Account Openings Signal Rocky Road for Banks, Payment Networks
April 01, 2024  |  Credit Cards

Earnings season begins anew in just a few weeks, documenting the first few months of the year — and how the March quarter shaped up...

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Credit Card Delinquencies Climb as Consumers’ Savings Dip
Credit Card Delinquencies Climb as Consumers’ Savings Dip
April 01, 2024  |  Consumer Finance

While the average American consumer remains “credit healthy,” some trouble spots are apparent. Get the Full Story Complete the form to unlock this article and...

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Consumer Spending Outpaces Income Growth as Inflation Continues
Consumer Spending Outpaces Income Growth as Inflation Continues
March 29, 2024  |  Economy

Consumers keep spending, income growth is muted, and inflation is still here. Get the Full Story Complete the form to unlock this article and enjoy...

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Growing Rise in Side Hustles Points to Boon in Digital Payouts
Growing Rise in Side Hustles Points to Boon in Digital Payouts
March 25, 2024  |  Faster Payments

The rise of the gig economy may have significant, positive knock-on effects for faster disbursements and earned wage access options. Get the Full Story Complete...

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Credit Card Delinquencies Slip as Charge-Offs Keep Rising
Credit Card Delinquencies Slip as Charge-Offs Keep Rising
March 25, 2024  |  Credit Cards

Credit card delinquencies fell slightly last month while net charge-offs continued with their upward trajectory. Get the Full Story Complete the form to unlock this...

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Silicon Valley Bank’s Downfall: Lessons Learned and Unanswered Questions
Silicon Valley Bank’s Downfall: Lessons Learned and Unanswered Questions
March 11, 2024  |  Banking

It’s said that those who don’t learn from history are doomed to repeat it. Get the Full Story Complete the form to unlock this article...

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Fed’s Credit Data Signals Caution for Merchants
Fed’s Credit Data Signals Caution for Merchants
March 08, 2024  |  Economy

For merchants, reliant upon consumer spending — and credit as a way to enable that spending — the warning signals are flashing. Get the Full...

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As GDP Growth Decelerates, All Eyes Are on Consumer Spending
As GDP Growth Decelerates, All Eyes Are on Consumer Spending
February 28, 2024  |  Economy

The latest readings of gross domestic product (GDP) have been revised down — at least a bit. Get the Full Story Complete the form to...

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Paycheck-to-Paycheck Consumers Could Benefit From Capital One/Discover Deal
Paycheck-to-Paycheck Consumers Could Benefit From Capital One/Discover Deal
February 23, 2024  |  Consumer Finance

In what could be one of the largest acquisitions of the decade, Capital One recently announced it wants to purchase Discover Financial in a deal...

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