It was the distinction that defined the budget: good debt versus bad debt. We were told that good debt was borrowed for long-term investments meant to eventually pay off such as the Melbourne to Brisbane rail freight link and the Western Sydney Airport. Bad debt was for the everything else day-to-day expenses such as running schools and…
When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of ice. Vow to never eat out again. Forgo your Netflix subscription. These tactics may help, but financial experts say paying off debt requires a more comprehensive plan. One common strategy…
By Richard Read and Teddy Nykiel, NerdWallet Updated 8:43 pm, Friday, June 16, 2017 … Read the full article at: http://www.mysanantonio.com/business/national/article/Feds-point-fingers-as-debt-relief-companies-11226767.php
Reuters (Adds detail) By Francesco CanepaFRANKFURT, June 16 (Reuters) – The European Central Bank needs more clarity on what kind of debt relief Greece will get from its international creditors if it is to buy Greek government bonds as part of its monetary stimulus programme, a source close to the matter said. Euro…
When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of ice. Vow to never eat out again. Forgo your Netflix subscription. These tactics may help, but financial experts say paying off debt requires a more comprehensive plan. One common strategy…
Written by: YourMoney.com 16/06/2017 Free debt advice provider PayPlan has teamed up with short-term lender MYJAR to trial the use of smartphone messages in a bid to encourage borrowers to seek debt help sooner. With four out of five adults now owning a smartphone, traditional communication methods used by creditors and debt advice service are…
Nine months after schedule, Greece finally has some more creditor cash. The countrys 10-year bond is rallying and Athens stock index hit a two-year high this morning after eurozone and International Monetary Fund officials agreed to unlock an 8.5bn tranche of rescue cash to help Greece avoid default and pay off some of its arrears.…
LUXEMBOURG (AP) Greece is hoping to secure more bailout funds to meet a summer debt repayment hump as well as a debt relief deal at a meeting of finance ministers from the 19-country eurozone. The country, which has been promised help on its mountain of debt once its bailout ends next year, is again the…
Social worker David Lynch shops for bargains near his home in New Hampshires White Mountains. Lynch doesnt think hell ever finish paying off his student loans. Credit: Jon Fox David Lynch, Bartlett, New Hampshire Social worker David Lynch recalls hearing a radio commercial a few years ago from a company that promised student loan forgiveness…
By Associated Press Published: 00:50 +10:00, 16 June 2017 | Updated: 00:51 +10:00, 16 June 2017 e-mail When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of ice. Vow to never eat out again. Forgo your Netflix subscription. These tactics…