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

In China, Some Banks Shy Away From Letting Cards Max Out

In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Legal & Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

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Economists: US Debt Levels Not ‘Catastrophic’
Economists: US Debt Levels Not ‘Catastrophic’
February 18, 2019  |  Debt

Although the nation’s debt is on the rise, some economists are saying the unexpected: the U.S. shouldn’t be that concerned about it. Get the Full...

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Moody’s: U.S. Household, Credit Debt Grow Modestly, Auto Delinquencies Decline
Moody’s: U.S. Household, Credit Debt Grow Modestly, Auto Delinquencies Decline
February 13, 2019  |  Consumer Finance

Moody’s Investors Service, an American Credit rating firm, has released its quarterly Pulse of Consumer Credit report, and in a report emailed to PYMNTS, it...

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College Payments Co UMB Blackboard Transact Could Sell For $720M
College Payments Co UMB Blackboard Transact Could Sell For $720M
February 13, 2019  |  Partnerships

Providence Equity Partners is reportedly looking at takeover offers for UMB Blackboard Transact, a campus-focused payments company that could sell for around $720 million. According...

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Deutsche Burdened By High Interest Rate Payments
Deutsche Burdened By High Interest Rate Payments
February 11, 2019  |  Banking

Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which could lead to...

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Are Mortgages The On-Ramp For Lifelong Financial Management?
Are Mortgages The On-Ramp For Lifelong Financial Management?
February 04, 2019  |  Alternative Credit

Of the scores of innovations and updates to consumer lending seen and written about over the last decade or so, speed is always offered as...

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Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
Payday Loans, Pawnshops And Borrowed Credit Cards: How Many Americans Got By In 2018
February 04, 2019  |  Consumer Finance

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. Get the Full Story Complete the form...

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Fizzle Of The Week: Munchery And The Suppliers Left Behind
Fizzle Of The Week: Munchery And The Suppliers Left Behind
January 25, 2019  |  Exclusive Series

Despite raising over $125 million in venture funding from the likes of Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital,...

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