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

Wall Street’s Enthusiasm Wanes for Bonds Backed by Risky Consumer Debt
Wall Street’s Enthusiasm Wanes for Bonds Backed by Risky Consumer Debt
April 12, 2022  |  Investments

Runaway inflation and a shaky economy are setting the stage for financial uncertainty, igniting fear in Wall Street investors that bonds and other investments backed...

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‘Income Sharing Agreements’ Aim to Disrupt, Fill Gaps, in $1.7T Student Loan Industry
‘Income Sharing Agreements’ Aim to Disrupt, Fill Gaps, in $1.7T Student Loan Industry
April 08, 2022  |  Loans

The student loan industry is a $1.7 trillion mess. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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New Data: Retailers Get Durable Sales Boost From Lease-To-Own Plans
New Data: Retailers Get Durable Sales Boost From Lease-To-Own Plans
April 06, 2022  |  Consumer Payments

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 Report Shows Credit Card Late Fees Declining, Below Set Limits
CFPB Report Shows Credit Card Late Fees Declining, Below Set Limits
April 01, 2022  |  CFPB

The Consumer Financial Protection Bureau published on March 29 a report on credit card late fees where the regulator provided data about the amount of...

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Credit Reporting Agencies Will Start Removing Most Medical Debts
Credit Reporting Agencies Will Start Removing Most Medical Debts
March 18, 2022  |  Debt

The three largest credit reporting agencies will start removing medical debt from consumers’ reports beginning in July in a move that over time will result...

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Argentine’s Congress Favors IMF Debt Deal to Dampen Cryptocurrency
Argentine’s Congress Favors IMF Debt Deal to Dampen Cryptocurrency
March 18, 2022  |  Cryptocurrency

Argentine’s Senate has approved a $45 billion deal with the International Monetary Fund (IMF) that includes a provision that discourages cryptocurrencies, CoinDesk.com reported Friday (March...

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In $44B Argentine Debt Deal, IMF Shows Growing Willingness to Coerce Anti-Crypto Policies
In $44B Argentine Debt Deal, IMF Shows Growing Willingness to Coerce Anti-Crypto Policies
March 18, 2022  |  Cryptocurrency

Buried in the text of the deal the Argentine Senate’s approved on March 18 to refinance its $44 billion debt to the International Monetary Fund...

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Credit Bureaus’ Medical Debt Move Spotlights Affordability Issues
Credit Bureaus’ Medical Debt Move Spotlights Affordability Issues
March 18, 2022  |  Healthcare

Bit by bit, the realities of the paycheck-to-paycheck economy are changing the way credit, and creditworthiness, is monitored. Get the Full Story Complete the form...

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Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
March 17, 2022  |  Economy

Buckle up for a wild show as COVID exits stage left while a new villain — inflation — swoops in from all sides, weakening the...

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