NEW DELHI: Rating agencies Fitch and Moodys Investors Service have said that sale of tower assets can help telecom companies shed debt but there may be no near-term improvement in profitability due to heightened competition after Reliance Jio Infocomms entry. The agencies on Thursday said Bharti Airtels stake sale in its tower subsidiary and similar…
The deadline to file your tax return is quickly approaching. But what if you’re one of the millions of Americans who owes the IRS more money than you can possibly pay? It can happen to anyone – even the most honest taxpayer. You miss something, or you make a mistake. And through no fault of…
ASHLAND, Ore. — Students at Southern Oregon University say something has to be done to address student debt. Through Senate Bill 1034, Oregon lawmakers are considering a way for residents to deduct the total amount of interest and principal paid on loans throughout the year from their state taxable income. Carolyn Stone said for those…
While recent increases in home-loan interest rates by the Big Four and smaller lenders should help cool growth in lending to more vulnerable buyers, banks still face risks from high household debt and an overheated property market, warned Fitch Ratings. The Big Four and many smaller lenders have raised interest rates on home loans for…
The deadline to file your tax return is quickly approaching. But what if you’re one of the millions of Americans who owes the IRS more money than you can possibly pay? It can happen to anyone – even the most honest taxpayer. You miss something, or you make a mistake. And through no fault of…
Cory Riverside Energy has announced the completion of a £520 million debt refinancing package for its Riverside Energy from Waste (EfW) plant in Belvedere, East London. According to Cory, the refinancing package demonstrates the great confidence in the facility as a key piece of waste infrastructure within London. The Belvedere incinerator in south east London.…
The largest voluntary charity in the State supporting people in poverty has expressed concern about a proposed restructuring of the Government-funded Money Advice and Budgeting Service (MABS). MABS, which has more than 50 local offices, has been offering advice to families and individuals for more than two decades on how to deal with problem debt.…
I am facing problems with my debts and need a loan to clear them. My liabilities include credit cards and money I have borrowed from others. In total I owe Dh75,000 to different friends and relatives and a further Dh160,000 to the banks. I signed up for my first credit card in 2006 and then…
With ballooning student debt reaching record highs, some colleges are beginning to step in and help students shoulder some of the loans they took out to cover their tuition. And the availability of this relief is reportedly becoming a draw for prospective students. About 100 institutions of higher education around the U.S. have begun to…
LONDON (Reuters) The number of people seeking help from a leading British debt advice service hit a record high last year, reflecting a surge in borrowing by consumers and the financial strains on younger workers, the charity said on Tuesday. Last year 600,000 people sought advice from StepChange for debt problems, up 9 percent from…