Wall Street is generally convinced the economic health of the U.S. consumer is remarkably better than expected after COVID, but one analyst has pointed out there's a gaping hole in the picture.

However, because of how these de facto loans are handled, they are being called "phantom debt," since no one knows just how pervasive they are or how much of an anchor they are on the American ...

Debt accumulated from those kinds of loans is called "phantom debt." “It’s called phantom because #1 it’s not reported and #2 because it’s not reported, economists and other financial ...

As a result of a Federal Trade Commission lawsuit, a federal court hastemporarily halted the operations and frozen the assets of a phantom debt collection scheme and its operators. The scheme has ...

As a result of a Federal Trade Commission lawsuit, a federal court hastemporarily halted the operations and frozen the assets of a phantom debt collection scheme and its operators. The scheme has ...