AUGUSTA For decades, weve heard politicians promising to attract businesses and jobs to the state to help grow the economy. While supporting small businesses and job creation is important, what Maines economy needs right now is people. Maines economic outlook has changed dramatically since the Great Recession, and the state suffers not from a lack…
Staying out of debt, saving money, building a nest egg all these things sound easy, but theyre not so easy to put into practice. Last year, Americans held a record-high $13 trillion in debt, according to the New York Fed. So where do our good intentions go off the rails? And how can you stop…
A debt help charity is seeing growing numbers of people falling behind with fuel bills and a resurgence in the proportion of clients with high-cost credit such as payday loans. StepChange Debt Charity said the proportion of clients in arrears with council tax is also stubbornly high. In the first half of 2018, 13.1% of…
Whether youre servicing one debt, or several, it can pay to shop around for a different product Running a small business isnt always plain sailing and there are likely to be ups and downs, including times when business is doing great and the cash is rolling in, and times when youre feeling the pinch. The…
NEW YORK (Reuters) – New Yorks attorney general on Thursday sued 10 companies and two executives over their alleged roles in a scam to induce thousands of struggling borrowers into buying student loan debt relief services that they could have received for free. Barbara Underwood, the attorney general, said defendants typically charged more than $1,000…
There are a lot of differences between refinancing and consolidating debt. This is what you need to knowShutterstock When it comes time to make a change to the structure of your business debt, you have a few options available to you as a small business owner. Each aims to make your debt less of a…
The industry body, which is made up of Turkeys biggest banks, has agreed to a set of guidelines that were made public on Thursday but are dated September 11. The plan is to help stave off mass default in the country and enable the commercial loan debtors which … Please take a trial or subscribe…
Dear Dave, My husband started his own one-man, small business as a handyman a little less than a year ago. He has netted $17,000 in that time, but the business has about $13,000 worth of debt. Weve always kept personal finances and business separate, but what would you think about us selling one of our…
In June, the US Federal Reserve raised the cash rate for the seventh time since 2015. No sooner had it announced the news, than the market immediately factored in another two rate rises before Christmas. Usually, a series of rate increases like this happens as an economy is growing apace. That is, when the economy…
THE owners of Wiggins Island Coal Export Terminal have received an eight-year respite on debt repayments, which some feared would lead to the facility’s demise. A New South Wales Court has given the go-ahead to a $3.5billion refinancing plan, hoped to help the miner owners handle its senior debt. The deal comes ahead of the…