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

Will Interest Rate Hikes Topple ‘Tower’ of Corporate Debt?

Will Interest Rate Hikes Topple ‘Tower’ of Corporate Debt?
Will Interest Rate Hikes Topple ‘Tower’ of Corporate Debt?
July 26, 2023  |  Economy

The Federal Reserve is planning another rate hike aimed at slowing inflation. Get the Full Story Complete the form to unlock this article and enjoy...

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Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
July 25, 2023  |  Consumer Insights

Consumer confidence is high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
July 25, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that the Federal Reserve’s long-quoted stat on financial well-being could use...

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CFPB: American Workers Saddled by Employer-Driven Debt
CFPB: American Workers Saddled by Employer-Driven Debt
July 20, 2023  |  CFPB

America’s consumer watchdog says too many workers are falling into TRAPs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Biden Administration to Forgive $116.6 Billion in Student Loans
Biden Administration to Forgive $116.6 Billion in Student Loans
July 14, 2023  |  Loans

The Biden-Harris Administration is providing more than $116.6 billion in student loan forgiveness to 3.4 million borrowers. Get the Full Story Complete the form to...

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Treasury Dept. and CFPB Investigate Medical Credit Cards and Installment Loans
Treasury Dept. and CFPB Investigate Medical Credit Cards and Installment Loans
July 07, 2023  |  Credit Cards

Three federal agencies have launched an inquiry into “high-cost specialty financial products” used to pay for routine medical care. Get the Full Story Complete the...

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Can BNPL Help Gen Z Pave Path to a $2.2 Million Net Worth?
Can BNPL Help Gen Z Pave Path to a $2.2 Million Net Worth?
June 28, 2023  |  Buy Now Pay Later

The concept of wealth is constantly evolving — and in the Instagram age, social media makes it all too easy to keep score in the...

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Paycheck-to-Paycheck Pressures to Continue as Powell Signals More Rate Hikes
Paycheck-to-Paycheck Pressures to Continue as Powell Signals More Rate Hikes
June 21, 2023  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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SoFi Debuts Student Loan Tool as Consumers Feel Repayment Woes
SoFi Debuts Student Loan Tool as Consumers Feel Repayment Woes
June 08, 2023  |  Loans

SoFi has debuted a tool to help consumers pay off student loans and still save for retirement. Get the Full Story Complete the form to...

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