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

Rising Card Delinquency Rates Spotlight Paycheck-to-Paycheck Pressures
Rising Card Delinquency Rates Spotlight Paycheck-to-Paycheck Pressures
September 12, 2022  |  Credit Cards

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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CFPB, CMS Crack Down on Illegal Nursing Home Debt Collections
CFPB, CMS Crack Down on Illegal Nursing Home Debt Collections
September 08, 2022  |  CFPB

Family and friends signing admission agreements with residential nursing care facilities cannot be held liable for unpaid debts associated with a patient’s stay, according to...

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Tamara CEO Says Data Refutes BNPL’s Debt Trap Myth
Tamara CEO Says Data Refutes BNPL’s Debt Trap Myth
August 26, 2022  |  BNPL

At a time of growing investor concerns and a retracting investment landscape that has led to a dip in valuations of many global firms, it’s...

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Student Loan Forgiveness Offers Cash-Strapped Consumers Breathing Room
Student Loan Forgiveness Offers Cash-Strapped Consumers Breathing Room
August 24, 2022  |  Loans

The cancellation of student debt may be a bit of a political football. Some opponents argue that the debt should not be cancelled, as the...

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Stablecoin Issuers Account for 2% of US Treasuries Market
Stablecoin Issuers Account for 2% of US Treasuries Market
August 21, 2022  |  Cryptocurrency

Tether and Circle, among other stablecoin issuers, are currently holding $80 billion worth of short-term U.S. government debt, which shows how digital asset players are...

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Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers
Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers
August 15, 2022  |  Partnerships

U.K.-based DebtTech company Trustfolio has partnered with Equifax on a new open banking-powered feature designed to give debt advisers better access to bank transaction data....

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NY Fed: Household Debt Tops $16T in Q2
NY Fed: Household Debt Tops $16T in Q2
August 02, 2022  |  Debt

Total household debt has increased to $16.2 trillion in the second quarter of 2022, up $312 billion in the past three months and $2 trillion...

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Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on Credit Card Debt, X-Border Fees
Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on...
July 15, 2022  |  Regulation

This week in TechREG in Europe, the Middle East and Africa (EMEA), global regulators and several central banks discussed the need for regulating the cryptocurrency...

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NJ’s Massive New ‘American Dream’ Mall Faces Growing List of IOUs
NJ’s Massive New ‘American Dream’ Mall Faces Growing List of IOUs
July 13, 2022  |  Retail

Even before ground was broken in 2004, things have never gone as planned for American Dream, the 3.5 million-square-foot entertainment and retail complex in New...

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