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

Consumer Credit Originations Poised For More Growth In 2019

Consumer Credit Originations Poised For More Growth In 2019
Consumer Credit Originations Poised For More Growth In 2019
December 12, 2018  |  Loans

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for...

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ShopKeep Closes $65M Growth Round
ShopKeep Closes $65M Growth Round
December 11, 2018  |  Investments

ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to...

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US Lawmakers Want Cheaper Chapter 11 For SMBs
US Lawmakers Want Cheaper Chapter 11 For SMBs
December 03, 2018  |  B2B Payments

According to The Wall Street Journal (WSJ) on Friday (Nov. 30), two U.S. lawmakers proposed a bill to make filing for bankruptcy easier, faster and more affordable...

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LendingTree: US Consumer Debt Approaching $4T   
LendingTree: US Consumer Debt Approaching $4T  
November 30, 2018  |  Debt

LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...

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SMB Lending Crunch Hits China
SMB Lending Crunch Hits China
November 26, 2018  |  B2B Payments

Small businesses (SMBs) in China are struggling to access bank loans with large, state-owned corporations, according to recent analysis from French trade credit insurer Coface,...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Credit

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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NEW DATA: With Wages And Hopes High, Why Are Consumers Behind On Bills?
NEW DATA: With Wages And Hopes High, Why Are Consumers Behind On Bills?
November 12, 2018  |  Consumer Finance

The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the unemployment rate is...

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European CFOs Scramble To Issue Debt Ahead Of Brexit, ECB Changes
European CFOs Scramble To Issue Debt Ahead Of Brexit, ECB Changes
November 01, 2018  |  B2B Payments

European chief financial officers are issuing more debt as they brace for market volatility ahead of Brexit and changes coming from the European Central Bank (ECB),...

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