The pre-Christmas sales are now in full swing and retailers are bombarding us with their so-called too good to miss offers. But now can also be a particularly dangerous time for people being tipped into debts by festive spending which they could spend much of 2019 trying to pay off when bills thud onto doormats.…
G-20 leaders had one thing on their minds when they gathered in Toronto in June 2010: debt. Their response to the crisis over the preceding three years was effective in stabilizing markets, buttressing the global financial system, and supporting growth through coordinated fiscal stimulus. But these bold actions took their toll. Increased spending, tax cuts,…
Digital bank startup Judo Capital has signed a $350 million Credit Suisse debt facility The money will be used to provide further depth to Judos lending of small and medium sized enterprises. In August this year, Judo announced that it had raised $140 million of equity. Fintech Judo Capital, which is seeking a banking licence,…
Catch Group has launched a new website, but instead of offering steeply discounted apparel, dishwashing tablets and other household items, the new site offers competitively priced personal loans intended to help customers fund their everyday lives. Catch has partnered with debt consolidation company, Now Finance, to provide the loans and is offering up to $750…
Faced with mounting foreign debt, some of which may have resulted from dubious loan agreements, the Maldives is looking at India for more budgetary support to help Male meet its development goals: Ahead of his meeting with Indian leaders on Monday, Maldives foreign minister Abdulla Shahid told TOI that Male was still trying to study…
Managing your debt can be key to managing your finances properly. Whether you have multiple small loans or a number of credit card payments, youre forced to contend with many bills and payments on a monthly basis. This can get tiresome or even confusing over time. In such a situation, consolidating all your monthly payments…
By Press Association Published: 18:32 AEDT, 25 November 2018 | Updated: 18:32 AEDT, 25 November 2018 The pre-Christmas sales are now in full swing and retailers are bombarding us with their so-called too good to miss offers. But now can also be a particularly dangerous time for people being tipped into debts by festive spending…
Still elusive The self imposed 100 days deadline almost over the PTI (Pakistan Tehreek-e-Insaf) led government is yet to get its act together. Especially on the economic front there is confusion worst confounded. The prime minister during the period has made quick dashes to Saudi Arabia, China, UAE and Malaysia ostensibly to get financial assistance…
IMF faces China debt dilemma as low income nations seek help The IMF has warned for more than a year of rising debt levels in low income countries. Now, bailout talks with Pakistan and requests for help from Angola, Zambia and others are forcing the fund to confront a pressing question: how far is debt…
The Kerala State Fishermen Debt Relief Commission (KSFDRC) will probe fishermens complaint that some banks are denying debt relief to them using questionable methods. KSFDRC Chairman P.S. Gopinathan, who was in the city for an adalat, said the banks were found adopting a renewal tactic, hoping it would help them surpass the commissions order for…