Remove tag debt repayment
article thumbnail

COVID Retail Update: Mall Group Asks For Bailout

PYMNTS

The pain started to become very evident on Wednesday (March 18), as the trade group that represents mall owners asked for a government bailout and big retail names started to put a price tag on the revenue losses they expected to incur. While some companies may have third-party insurance, the current crisis is not covered by those policies.”.

Retail 64
article thumbnail

Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

PYMNTS

federal government is on track to provide $108 billion or more in debt forgiveness for student loans during the next few years. Those refunds come care of President Obama’s plan to help struggling student loan borrowers — and they have a price tag attached that is more expensive than previously thought.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

PayPal And Celebrating The Wonders Of Friendship

PYMNTS

Plus, even if you don’t owe someone a formal debt, perhaps someone helped you move, or is having a bad day and could really use a pedicure — or an hour or two at the shooting range, depending on their interests. And we are not borrowing trivial sums of money from each other, either. million — enough to buy two Lamborghinis!

article thumbnail

Pew Talks Payday Loans

PYMNTS

Opponents of the practice note that, in its most vicious form, payday lending is an expensive predatory scourge on the class of borrowers it attracts, drawing them into a confusing and protracted cycle of debt. Over the course of that experience, they paid $520 on average, which is much more than the $55 price tag that gets quoted.”.

Banking 41