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

Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk

Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
September 23, 2022  |  Cryptocurrency

El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default...

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Startup Venture Debt Rising as Investors Grow Cautious
Startup Venture Debt Rising as Investors Grow Cautious
September 13, 2022  |  Debt

After a 10-year boom flush with venture capital cash, startups are taking on more risk and debt as investors put away their checkbooks and offer...

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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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