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

Wells CFO Not Losing Sleep Over Rising Consumer Debt

Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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Goldman Sees $13B In Consumer Loans In Its Future
Goldman Sees $13B In Consumer Loans In Its Future
November 15, 2017  |  Loans

Goldman Sachs revealed that it can reach $13 billion in new consumer loans in the next three years through its Marcus online lending business. Get...

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Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
November 14, 2017  |  Today In Data

B2B payments are powerful, but so are mounting debts. Innovative technology is making it increasingly easy for companies and individuals to exchange money for goods...

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The RX For Healthy Payments Processes
The RX For Healthy Payments Processes
November 14, 2017  |  Payment Methods

Amid momentous changes in healthcare, debt is on the rise, while deductibles are high. How to set in place a positive practice management payments process?...

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More Potential Homeowners Turning To Alternative Lending
More Potential Homeowners Turning To Alternative Lending
November 02, 2017  |  Loans

A growing number of potential U.S. homebuyers are turning to alternative lenders to purchase their dream homes. Get the Full Story Complete the form to...

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The CFPB Criticizes Increase In Long-Term Auto Loans
The CFPB Criticizes Increase In Long-Term Auto Loans
November 02, 2017  |  CFPB

According to the latest report by the Consumer Financial Protection Bureau (CFPB), long-term auto loans are on the rise. The CFPB’s data finds that 42...

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FTC Gets $4.1M Judgment Against Fake Payday Lender
FTC Gets $4.1M Judgment Against Fake Payday Lender
October 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. Get the...

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Private Equity Firm Acquires Ruby Tuesday
Private Equity Firm Acquires Ruby Tuesday
October 16, 2017  |  Retail

According to CNBC news reports published on Monday (Oct. 16), Beall, Illinois-based food service retailer Ruby Tuesday has agreed to an acquisition by Atlanta, Georgia,...

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Why The Final Payday Lending Rules Are Far From The Last Word
Why The Final Payday Lending Rules Are Far From The Last Word
October 11, 2017  |  Alternative Finances

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Get the...

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