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

Big Banks Back Away From Auto Loans
Big Banks Back Away From Auto Loans
May 30, 2017  |  Loans

Big banks are pulling back from the $1.2 trillion U.S. car loan market due to fears that consumers have taken on more debt than they...

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Flying The Prepaid Skies
Flying The Prepaid Skies
May 26, 2017  |  News

Not everyone wants to use credit cards to grab miles in the sky while debt accrues on the ground. Netspend and United Airlines are linking...

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Baby Boomers vs. Millennials: Which Generation Has More Entrepreneurs?
Baby Boomers vs. Millennials: Which Generation Has More Entrepreneurs?
May 10, 2017  |  Business

Starting a new business can be a long, arduous and daunting road for anyone in today’s fast-paced and ever-changing society. One of the biggest hurdles...

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Debt Collection, Made Easier And … Gentler?
Debt Collection, Made Easier And … Gentler?
May 09, 2017  |  Data Drivers

Debt may be among the most four letter of the four-letter words when payback goes awry. And against the burden of interest — and in the...

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CFPB Snapshot Highlights Biggest Student Loan Complaints
CFPB Snapshot Highlights Biggest Student Loan Complaints
April 26, 2017  |  Loans

The Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot revealing that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may...

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Helping Investors Avoid The Lending Club Trap
Helping Investors Avoid The Lending Club Trap
April 26, 2017  |  Loans

Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global...

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Credit Card Debt Tops $1 Trillion
Credit Card Debt Tops $1 Trillion
April 11, 2017  |  Payment Methods

Credit card debt has surpassed the $1 trillion market in the U.S., joining student loan and auto debt to reach more than $1 trillion. According...

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Investors Help Students Avoid Debt With Income Share Agreements
Investors Help Students Avoid Debt With Income Share Agreements
April 10, 2017  |  Alternative Finances

As an alternative to Federal Plus and private student loans, more students are looking to income share agreements as a way to fund higher education....

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Would-Be Millennial Homeowners Crushed Under Student Debt
Would-Be Millennial Homeowners Crushed Under Student Debt
April 04, 2017  |  Retail

The 2008 recession is still seeing a ripple effect nearly a decade later. In the years following the recession, as the economy began to put its...

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