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

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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Indian Bank’s Sour Loans Hit Near $146B
Indian Bank’s Sour Loans Hit Near $146B
October 11, 2017  |  Loans

Reuters reported that bad debt continues to linger on Indian banks’ balance sheets. On Tuesday (Oct. 10), the newswire said that the souring loans totaled...

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Payday Lending Viewed From Inside A NY Courtroom
Payday Lending Viewed From Inside A NY Courtroom
October 04, 2017  |  Legal

The payday lending and debt collection industry is controversial, to say the least, and it is getting a day in court. Get the Full Story...

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Retailers Flirt With Junk Ratings While Mall Vacancies Rise
Retailers Flirt With Junk Ratings While Mall Vacancies Rise
October 03, 2017  |  Retail

The junkyard is getting a little bit crowded with retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Credit Card Delinquencies Starting To Inch Up Again In The US
Credit Card Delinquencies Starting To Inch Up Again In The US
September 21, 2017  |  Debt

Credit card lenders got a break during the spring in terms of delinquencies, but they are beginning to inch higher again in the U.S. Get...

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Another One Bites The Dust: Toys ‘R’ Us Files For Bankruptcy
Another One Bites The Dust: Toys ‘R’ Us Files For Bankruptcy
September 19, 2017  |  Retail

The retail death spiral drags on, and this week we have a new victim: Toys “R” Us. Get the Full Story Complete the form to...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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US Consumer Debt — Ten Years Later
US Consumer Debt — Ten Years Later
August 18, 2017  |  Debt

The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. Get the Full Story...

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