When a lender charges off an account as bad debt, it means it no longer intends to try to collect payment on it. This usually happens after the lender has tried to get a payment from a borrower ...

Lending giant Lloyds Banking Group has reported a fall in profits as it set aside more money for bad debts amid economic uncertainty due to the global trade tariff war. The group reported pre-tax ...

Trump is resuming collections on defaulted student loans. "I'm going paycheck to paycheck and this is going to kill me," one ...

Lloyds Banking Group stuck by its guidance for full-year results (Stefan Rousseau/PA) Lending giant Lloyds Banking Group has reported a fall in profits as it set aside more money for bad debts ...

Barclays has revealed first-quarter earnings jumped by nearly a fifth, but set aside more cash for bad debts due to worries over the US economy and a mounting global trade war. The UK banking giant ...

Short-term debt refers to financial obligations, or current liabilities, that are due for repayment within a short period, ...

A move toward a sound money system could strengthen global trust in the currency and reduce reliance on fiat money.

Lending giant Lloyds Banking Group has reported a fall in profits as it set aside more money for bad debts amid economic uncertainty due to the global trade tariff war. The group reported pre-tax ...