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

Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
January 24, 2023  |  Credit Cards

Financial services firms’ earnings suggest paycheck-to-paycheck consumers are straining to manage credit card debt. Get the Full Story Complete the form to unlock this article...

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CFPB Claims Victory in Battle Against ‘Sketchy’ Debt Collection Suits
CFPB Claims Victory in Battle Against ‘Sketchy’ Debt Collection Suits
January 12, 2023  |  CFPB

The CFPB says it has settled a lawsuit against a debt collection firm it accused of filing junk lawsuits against consumers. Get the Full Story...

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UK Central Bank Warns Lenders of ‘Prolonged’ Period of Stress
UK Central Bank Warns Lenders of ‘Prolonged’ Period of Stress
January 11, 2023  |  Debt

The Bank of England said financial institutions should expect more scrutiny of their credit portfolios. Get the Full Story Complete the form to unlock this...

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Biden Looks to Halve Student Loan Payments for Some Borrowers
Biden Looks to Halve Student Loan Payments for Some Borrowers
January 10, 2023  |  Loans

The Biden Administration has proposed an income-driven repayment plan designed to ease student loan debt. Get the Full Story Complete the form to unlock this...

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Consumers Took on 7.1% More Debt in November
Consumers Took on 7.1% More Debt in November
January 09, 2023  |  Debt

Consumers’ debt grew at a seasonally adjusted rate of 7.1% in November. Get the Full Story Complete the form to unlock this article and enjoy...

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Wall Street and Banks Concerned About Car Buyers’ Growing Debt
Wall Street and Banks Concerned About Car Buyers’ Growing Debt
January 06, 2023  |  Loans

Wall Street and banks are reportedly growing concerned about car buyers’ debt load. Get the Full Story Complete the form to unlock this article and...

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Stressed Consumers Scaling Back Retirement Planning and Funding
Stressed Consumers Scaling Back Retirement Planning and Funding
January 03, 2023  |  Economy

People living paycheck-to-paycheck are having a hard time setting financial goals, much less achieving them. Get the Full Story Complete the form to unlock this...

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Credit Card Debt Pressures Millennials and Gen-Z Borrowers
Credit Card Debt Pressures Millennials and Gen-Z Borrowers
December 29, 2022  |  Credit Cards

Credit card debt is harder for younger consumers to handle amid the pressures of living paycheck to paycheck.   Get the Full Story Complete the form...

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America’s Household Income Continues Three-Quarter Slide
America’s Household Income Continues Three-Quarter Slide
December 12, 2022  |  Economy

U.S. household income declined this summer for the third straight quarter as stock prices fell. Get the Full Story Complete the form to unlock this...

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