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

Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers

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  |  Legal & 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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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  |  Legal & Regulation

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  |  BNPL

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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