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

Earnest and Payitoff Partner on Reduced Student Loan Payments
Earnest and Payitoff Partner on Reduced Student Loan Payments
October 23, 2023  |  Loans

Student finance FinTech Earnest and debt guidance firm Payitoff have teamed to help borrowers lower student loan payments. Get the Full Story Complete the form to unlock this...

READ MORE >
New Report Finds the Average Consumer Is Overdrawn for 9 Days
New Report Finds the Average Consumer Is Overdrawn for 9 Days
October 12, 2023  |  Consumer Finance

Present economic and financial challenges have compelled individuals from various income brackets and credit backgrounds to resort to overdrafts — a form of credit whereby...

READ MORE >
‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy
‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy
October 11, 2023  |  Financial Inclusion

The U.S. consumer is barely making ends meet and is one emergency expense away from financial dire straits. Get the Full Story Complete the form...

READ MORE >
LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
October 11, 2023  |  Consumer Finance

The holidays are firmly in sight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >
Research Links Quick Access to Digital Loans to Higher Default Rates
Research Links Quick Access to Digital Loans to Higher Default Rates
October 10, 2023  |  Loans

Technology broadened the lending landscape, making it easier for previously underserved populations to receive money with a speediness that would be otherwise unimaginable were it...

READ MORE >
Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
October 09, 2023  |  Credit Cards

Store credit cards — the closed-looped offerings tied to certain merchants — may signal tougher times ahead. Get the Full Story Complete the form to...

READ MORE >
More Than Half of Main Street SMBs Have ‘No Access’ to Credit
More Than Half of Main Street SMBs Have ‘No Access’ to Credit
October 06, 2023  |  SMBs

Small- to medium-sized businesses (SMBs) on Main Street are finding a dearth of options when it comes to getting the money they need to stay...

READ MORE >
Biden Administration Cancels $9 Billion in Student Loans as Payments Restart
Biden Administration Cancels $9 Billion in Student Loans as Payments Restart
October 04, 2023  |  Loans

The White House canceled $9 billion in debt for 125,000 student loan borrowers. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Experian Launches Credit-Building Digital Checking Account and Debit Card
Experian Launches Credit-Building Digital Checking Account and Debit Card
October 02, 2023  |  Digital Banking

Experian has launched the Experian Smart Money Digital Checking Account and Debit Card, featuring FICO score-boosting Experian Boost. Get the Full Story Complete the form...

READ MORE >