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

Upgrade Rewards Cardholders For Paying Down Debt
Upgrade Rewards Cardholders For Paying Down Debt
October 29, 2020  |  Loyalty & Rewards

The pandemic has changed all kinds of things about consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Philly-Area Mall Developer Warns Of Possible Chapter 11
Philly-Area Mall Developer Warns Of Possible Chapter 11
October 19, 2020  |  Retail

One of the mall sector’s more innovative real estate investment trusts has hit financial turmoil. The Pennsylvania Real Estate Investment Trust (PREIT) last week reached...

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Study Shows Americans Struggling As Savings Dry Up
Study Shows Americans Struggling As Savings Dry Up
October 16, 2020  |  Economy

Seven months into the worldwide pandemic, Americans are facing empty savings accounts, reduced unemployment benefits and no relief in sight, according to an Oct. 16...

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Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down
Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down
October 14, 2020  |  Banking

Bank of America (BofA) said on Wednesday (Oct. 14) that it is seeing a full restoration of customer spending, along with declines in delinquencies on...

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Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities
Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities
October 13, 2020  |  Earnings

Citigroup’s Q3 earnings report on Tuesday (Oct. 13) indicated that things are looking a bit stronger than expected in the results department, as the firm...

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J. P. Morgan 3Q Results Show Consumers Weathering The Pandemic
J. P. Morgan 3Q Results Show Consumers Weathering The Pandemic
October 13, 2020  |  Earnings

We haven’t turned the corner quite yet – but at least we haven’t hit the wall. Get the Full Story Complete the form to unlock...

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JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
October 13, 2020  |  Earnings

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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Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
October 08, 2020  |  News

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. Plus, Revolut launches...

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Fed Consumer Finance Survey Reveals Online Banking Usage, (Slightly) Higher Debt Burdens
Fed Consumer Finance Survey Reveals Online Banking Usage, (Slightly) Higher Debt Burdens
September 29, 2020  |  Economy

The Fed’s latest Survey of Consumer Finances might come with a caveat: The data measure a period that may seem long ago and far away...

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