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

Unexpected Expenses Could Hobble Inflation-Weary Paycheck-to-Paycheck Consumers
Unexpected Expenses Could Hobble Inflation-Weary Paycheck-to-Paycheck Consumers
July 05, 2022  |  Consumer Finance

Many pressures are putting a pinch on paychecks, the latest unwelcome arrival being runaway inflation that’s compounding a seemingly endless state of financial dismay for...

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CFPB Warns Debt Collectors About Fees
CFPB Warns Debt Collectors About Fees
June 30, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) on Wednesday (June 29) issued an advisory opinion warning debt collectors that most “pay-to-pay” fees that they often charge...

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Today in Data: Facing Financial Disruption
Today in Data: Facing Financial Disruption
June 28, 2022  |  Today In Data

Today in Data, new research shows a majority of American consumers who live paycheck to paycheck dealt with some sort of financial disruption in the...

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Klarna Lashes Outs at Barclays BNPL Research
Klarna Lashes Outs at Barclays BNPL Research
June 23, 2022  |  Buy Now Pay Later

Klarna is disputing new research into the buy now, pay later (BNPL) industry published by Barclays with debt charity StepChange that warns of the many...

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Crypto Lender Babel Announces Debt Relief
Crypto Lender Babel Announces Debt Relief
June 21, 2022  |  Cryptocurrency

Four days after freezing withdrawals, cryptocurrency lender Babel Finance announced Monday (June 20) on its website that it had “reached preliminary agreements on the repayment...

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El Salvador Weekly: Finance Minister Insists Bitcoin Losses Are Only on Paper
El Salvador Weekly: Finance Minister Insists Bitcoin Losses Are Only on Paper
June 17, 2022  |  Bitcoin

On June 10, El Salvador was down about $38.1 million on its bitcoin investment. Get the Full Story Complete the form to unlock this article...

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Vehicle Debt FinTech Paydownhero Debuts Gas Rewards Debit Card
Vehicle Debt FinTech Paydownhero Debuts Gas Rewards Debit Card
June 16, 2022  |  Loyalty & Rewards

Boston FinTech Paydownhero, which lets customers pay off auto debt, has rolled out a new debit card with 3% cashback gas rewards, a press release...

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1 in 3 Consumers Earning $250K Live Paycheck to Paycheck
1 in 3 Consumers Earning $250K Live Paycheck to Paycheck
June 10, 2022  |  Personal Finance

As rising inflation makes it increasingly difficult to pay bills and build savings, U.S. consumers of all types are now living paycheck to paycheck —...

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PYMNTS AM Radar: Credit Card Debt; Payments Innovation; BNPL Loyalty; Social Commerce; ICYMI
PYMNTS AM Radar: Credit Card Debt; Payments Innovation; BNPL Loyalty; Social Commerce; ICYMI
June 10, 2022  |  Retail

Today is Friday, June 10, and banks are happy that people are finally using credit cards again and letting the balances rack up interest. But...

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