The auditors of beleaguered toy maker Funtastic have warned there is significant doubt that the company can continue as a going concern after it slumped to a bigger-than-expected annual loss. Funtastic, which counts Harvey Norman executive chairman Gerry Harvey as one of its major shareholders, narrowed its net loss to $23.4 million for the year…
Nelly performing in Atlanta in 2016. Paras Griffin/Getty Images Nelly — the St. Louis rapper, facial bandage wearer and official party maker of your middle/high-school dances — owes the IRS a lot of money: $2.4 million to be exact. In an optimistic effort to help him out, fans are streaming his albums on services like…
Dave Ramsey, Dave Says 3:34 p.m. MDT October 1, 2016 Dave Ramsey(Photo: Submitted) Dear Dave: I make $2,100 a month after taxes, and I have accumulated $46,000 in credit card debt. My husband makes more than I do, but he wont help me. He says I got myself into this mess, so its my job to…
Lending Club is a peer-to-peer lending company, connecting borrowers and investors with one another in the financial equivalent of a dating site. Admittedly, they have a very good platform in place to facilitate this. Whats even more amazing, though, is that they continue to improve it by adding new loan programs and features. Recently, they…
Sovereign debt levels and debt servicing costs have risen in sub-Saharan Africa (SSA) in recent years and will continue to do so in 2016 and 2017, Fitch Ratings says. The high share of concessional debt means that interest costs are not excessive for most countries in the region, but their increase makes fiscal consolidation more…
By Maiya Keidan | LONDON/BENGALURU LONDON/BENGALURU Johnston Press (JPR.L) shareholder Crystal Amber Fund Ltd CRS.L can help management avoid a poor debt restructuring deal, the hedge fund’s chief executive officer told Reuters. “We have a good track record of assisting companies,” Richard Bernstein told Reuters on Tuesday, ahead of London-listed activist manager Crystal Amber disclosing…
Dave Ramsey Published Oct 1, 2016 at 8:00 am (Updated Sep 30, 2016 at 7:06 pm) Bigger issue: when a husband refuses to help his wife tackle a mountain of credit card debt she faces, there is a relationship problem, warns Dave Ramsey
Theres no doubt about it: The cost of mesothelioma treatment can be very high. Such high costs can leave many patients and their families with the question of how to pay for such therapies. And in a lot of cases, the only option may be going into debt. Nobody wants to be in debt, but…
Yes, there’s such a thing as phantom debt collectors. And, yes, you can get contacted about a payday loan debt you simply don’t owe. Just ask intrepid consumer reporter Bob Sullivan, who received his very own debt collection note after simply reaching out to a payday loan company (and alleged phantom debt collector) for a story.…
WASHINGTON (AP) — The Education Department is pursuing debt collection rather than debt relief for nearly 80,000 former students of Corinthian Colleges, despite federal and state findings that the now-defunct for-profit chain defrauded students, Sen. Elizabeth Warren said in a blistering critique of the administration’s actions. The Massachusetts Democrat reported the findings of a staff…