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

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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Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
June 07, 2023  |  Debt

Gen X has been walking a difficult financial tightrope over the past few years, and double debt duty may be leaving “The Forgotten Generation” in...

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Millennials With Student Loans to Lose 6.5% of Spending Power as Repayments Resume
Millennials With Student Loans to Lose 6.5% of Spending Power as Repayments Resume
June 06, 2023  |  Debt

Federal student loan payments are resuming after a three-year moratorium, putting a dent in millennial and Generation Z consumers’ disposable income. Get the Full Story...

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Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
June 02, 2023  |  Debt

Credit card use is up, and card balances are increasing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Diebold Nixdorf Seeks Bankruptcy Protection to Stay Afloat
Diebold Nixdorf Seeks Bankruptcy Protection to Stay Afloat
May 30, 2023  |  Business

Retail technology company Diebold Nixdorf is seeking bankruptcy protection to reduce debt and stay liquid. Get the Full Story Complete the form to unlock this article and...

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Credit Card Debt Hits $1 Trillion Mark Amid ‘Nonstop’ Spending
Credit Card Debt Hits $1 Trillion Mark Amid ‘Nonstop’ Spending
May 30, 2023  |  Debt

How high is America’s credit card debt? The answer varies from source to source. Get the Full Story Complete the form to unlock this article...

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Earnings Season Sheds Light on Rising Card Delinquencies
Earnings Season Sheds Light on Rising Card Delinquencies
May 15, 2023  |  Debt

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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Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
Consumer Borrowing Jumps Amid Sharp Spike in Credit Card Balances
May 08, 2023  |  Debt

Borrowing among consumers jumped in March amid a sharp spike in credit card use. Get the Full Story Complete the form to unlock this article...

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Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
Revolving Debt Soars in Ominous Sign for Paycheck-to-Paycheck Consumers 
May 07, 2023  |  Connected Economy

Credit card balances are rising as revolving debt surges at double-digit rates. Get the Full Story Complete the form to unlock this article and enjoy...

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