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 Claims $400 Million in Losses From Student Loan Moratorium
SoFi Claims $400 Million in Losses From Student Loan Moratorium
March 07, 2023  |  Debt

SoFi says the ongoing federal student loan payment moratorium has cost it $400 million. Get the Full Story Complete the form to unlock this article...

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Car Dealers See Increase in ‘Upside Down’ Trade-Ins
Car Dealers See Increase in ‘Upside Down’ Trade-Ins
March 01, 2023  |  Loans

America’s auto debt hole is reportedly getting deeper for car buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Food and Energy Inflation Data Hint at Disposable Income Pressure
Food and Energy Inflation Data Hint at Disposable Income Pressure
February 24, 2023  |  Economy

Inflation is making paying for basics of everyday life — food especially — harder to swallow. Get the Full Story Complete the form to unlock...

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Are Payments Plans the Fix For Rampant Medical Debt Default?
Are Payments Plans the Fix For Rampant Medical Debt Default?
February 19, 2023  |  Healthcare

Some unpaid medical bills will disappear from credit reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Household Pressures Mount as Revolving Card Debt Creeps Up
Household Pressures Mount as Revolving Card Debt Creeps Up
February 17, 2023  |  Consumer Finance

The American consumer still has some dry powder left when it comes to credit. Get the Full Story Complete the form to unlock this article...

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CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
February 14, 2023  |  Debt

A strong labor market and pandemic relief programs helped consumers keep current on their bills. Get the Full Story Complete the form to unlock this...

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Lenders Prepare for Defaults as Recession Looms
Lenders Prepare for Defaults as Recession Looms
January 30, 2023  |  Economy

Banks and lenders are setting aside funds to cover loan losses out of fear of a recession. Get the Full Story Complete the form to...

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Consumers May Be Pinched as Interest Payments Increase
Consumers May Be Pinched as Interest Payments Increase
January 27, 2023  |  Economy

Consumers are still spending, but the question remains: For how long? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Lenders Under Regulatory Scrutiny as Consumer Debt Soars in Europe
Lenders Under Regulatory Scrutiny as Consumer Debt Soars in Europe
January 26, 2023  |  Bank Regulation

European regulators are targeting lenders as they look to protect consumers from excessive debt. Get the Full Story Complete the form to unlock this article...

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