We ARE contacted by someone in debt every 51 seconds, so we know the harm it is causing households [Personal insolvencies rise to highest level in six years, July 27]. We are not surprised that more people are seeking insolvency to help with their debt problems. But this is still just a small part of…
Standard Chartered Plc is working as global coordinator to help Omans debt management office raise the funds that could be backed by the World Banks Multilateral Investment Guarantee Agency (MIGA), according to an official at the Ministry of Finance. Oman may raise the financing through a loan or bond with a potential maturity of 15…
by Lindsay Dunsmuir Washington | The US Treasury said it expects to borrow $US56 billion more during the third quarter than previously estimated, and market participants expect shorter-dated Treasuries to absorb the brunt of the new supply as the Trump administration grapples with a mushrooming budget deficit. The federal government is ramping up bond issuance…
Graduating Valley high school students concerned about accumulating college debt have more alternatives today than students had just three years ago. Only two Pennsylvania Colleges, Lackawanna and Messiah, offer income sharing agreements, or ISAs, for students who do not have access to other types of loans or those who are taking longer than traditional students do to…
MEL B has landed herself a new TV gig, but her $1.7 million salary isnt going to be around long enough to burn much of a hole in her pocket. According to The Sun, the singer will have to give away almost all of her new salary after being hired to appear on Americas Got…
Where was the gear? Where was the 59 kilograms of cocaine with an estimated street value of $20 million that was supposed to be concealed in the containers? Nearly 60 kgs of cocaine was seized after it was discovered concealed in two shipping containers of frozen fish from Peru. Photo: AFP Things had been going…
Damien Simonfi, CEO of DJ Partners, reveals how brokers can help their customers face debt head on Figures from the Australian Bureau of Agricultural and Resource Economics confirm that agriculture was the largest contributor to GDP growth between 2016 and 2017, contributing 0.5% of the 1.9% increase in Australias GDP. Further, gross production values reached…
The U.S. Education Department is proposing changes to Obama-era rules that offer debt relief for students who were defrauded by their colleges. If you attended a school that misled you or engaged in misconduct, theres a government program called Borrower Defense to Repayment that helps get relief from your federal student loans. The rules that…
Enlarge this image Education Secretary Betsy DeVos is proposing new rules to the Borrower Defense program. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images The U.S. Education Department is proposing changes to Obama-era rules that offer debt relief for students who were defrauded by their colleges. If you attended a school that misled…
Rising domestic demand coupled with slack utilization rates will help debt-burdened India Inc to draw some relief over the next two years as earnings will grow faster than debt, enabling them to meet higher demand without further investments, says a report. “We foresee a profit upcycle for India Inc, as revenues expand but capital expenditure…