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

Credit Card Delinquencies Starting To Inch Up Again In The US

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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Contactless Sizzles, Consumer Debt Fizzles And Sears And Amazon Spark A Sizzle-Laden Partnership
Contactless Sizzles, Consumer Debt Fizzles And Sears And Amazon Spark A Sizzle-Laden Partnership
July 21, 2017  |  Exclusive Series

Contactless payments look strong — if you live in the U.K. — and going cashless is increasingly king in China. Meanwhile, consumer debt may have seen another canary drop in...

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Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
July 19, 2017  |  Consumer Finance

A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...

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FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
July 18, 2017  |  Cybersecurity

The Federal Trade Commission (FTC) is putting the kibosh on a debt collection operation’s illegal activity. The operation had been extorting money from consumers, who...

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