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

Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011

Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011
Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011
May 23, 2018  |  Debt

The severe delinquency rate on private label retail credit cards jumped 57 basis points from March of last year and stands at 4.65 percent, according to...

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America’s Daunting Debt Picture
America’s Daunting Debt Picture
May 22, 2018  |  Alternative Credit

There is much to like in the current economic snapshot of the U.S. The overall unemployment rate has slipped below 4 percent — the lowest...

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Sour Notes Sounded In Late Payments?
Sour Notes Sounded In Late Payments?
May 22, 2018  |  B2B Payments

Will it be a tidal wave of late payments? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Unifund: Financial Wellness Begins With An ‘L’
Unifund: Financial Wellness Begins With An ‘L’
May 21, 2018  |  Banking

Steve Ashbacher’s college-aged daughter doesn’t like charging things to her credit card, especially when the balance gets high — she’d rather pay cash or debit....

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Will Consumers Take On Too Much Debt In 2018?
Will Consumers Take On Too Much Debt In 2018?
May 18, 2018  |  Loans

The rate of credit card delinquencies jumped 52 basis points (BPS) in the first quarter (Q1) of 2018, and will likely continue to increase over...

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IMF: Debt Levels At Historic High, Govts Should Look To Trim
IMF: Debt Levels At Historic High, Govts Should Look To Trim
April 19, 2018  |  Debt

Debt, as measured globally, is at the highest levels ever seen, at an aggregate of $164 trillion. Get the Full Story Complete the form to...

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B2B Payment Terms Worsen For Chinese Firms Despite Economic Improvements
B2B Payment Terms Worsen For Chinese Firms Despite Economic Improvements
April 05, 2018  |  B2B Payments

China’s economy is strengthening, and new analysis from economists suggests the nation’s corporate debt levels will stabilize this year. But new data from Coface suggests...

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Amid Job Market Growth, Consumer Delinquencies Wane
Amid Job Market Growth, Consumer Delinquencies Wane
April 04, 2018  |  Debt

Economic tailwinds are helping consumers make timely loan payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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