Those who cannot manage their money correctly will find that it rapidly becomes challenging to keep a healthy bank balance and also an organised financial life. With the issue of consumer debt comes the notable differences in attitude between generations. Generation X and the Baby Boomers are amongst some of the most likely to have…
Currently, just 4 percent of employers offer student debt assistance. But that’s changing as more employers come to realize education debt is a problem for many of their workers, said Katie Berliner, account executive at YouDecide, a benefits firm. “In order to attract and retain talent, employers are looking at offering contributions to people’s student…
I left Dubai in April last year after losing my job as a compliance director in the financial sector a couple of months earlier. When I left I had an outstanding loan of Dh380,000 and contacted the bank to inform them about my situation. I asked to reschedule the monthly loan payments into smaller amounts…
If, like many other people, you have found yourself drowning in debt, you will find that there are a number of solutions that may be suitable for you. The worst thing you can do if you have unmanageable debt is to bury your head in the sand, as this can result in the problem getting…
WEST SENECA, N.Y. (WKBW) – They come in the mail all the time. Offers from debt relief and debt settlement companies promising to cut your monthly bills by reducing the amount you owe on loans and credit cards. They sound almost too good to be true – so are they? “We hear about people getting…
NEW YORK & SAN JUAN, Puerto Rico–(BUSINESS WIRE)–The COFINA Senior Bondholders Coalition (the Coalition or we), which collectively represents the largest group of organized holders of bonds issued by the Puerto Rico Sales Tax Financing Corporation (COFINA), released the below statement today regarding its involvement in developing a proposed settlement of The Commonwealth of Puerto…
Deleveraging has been highlighted twice at high-profile central meetings this year, financial news outlet Yicai reported Sunday. According to the just-concluded second meeting of the Central Committee for Deepening Overall Reform on Friday, reinforcing the asset and liability constraints on State-owned enterprises (SOEs) is important for reducing leverage ratios and defusing debt risk. One month…
Debt-consolidation firm inks 95K sf lease at 180 Maiden Lane National Debt Relief plans to hire hundreds of new workers May 14, 2018 08:00AM Tara Stacom and 180 Maiden Lane Debt-consolidation firm National Deb Relief signed a lease for 95,000 square feet at MHP Real Estate Services and Clarion Partners 180 Maiden Lane. The company,…
DHX Media Ltd. says the sale of nearly half of its stake in the Peanuts entertainment business to a Sony Corp. division for $237-million cash will help reduce the Canadian animation companys debt load and improve its operating results. The Halifax-based company will retain 41 per cent of the Peanuts business based on characters such…
Senior Australian officials believe Pacific Island and Asian nations are reassessing the value of receiving Chinese foreign aid after seeing Beijing’s heavy-handed treatment of them when they seek debt relief. As a new US State Department report, as revealed by The Australian Financial Review, warns China is creating a “debt trap” for smaller nations in a bid…