Perpetual has finally closed the book on a near-2½ year corporate break-up saga after agreeing to sell its wealth management unit to Bain Capital for about $500 million. The deal struck over the weekend will be used to repay $400 million of bank debt and will allow the nearly 140-year-old financial services conglomerate to retain…
“This Debt Awareness Week, we want to start an open and honest conversation about debt. We want people to know that it’s nothing to be ashamed of. It doesn’t define you, and, most importantly, support is available.” For Bethan, it was difficult to admit to herself that she was facing debt. “I didn’t want to admit…
South Africa’s financial institutions are beginning to flag the effect of gambling on the financial well-being of their clients and on their decision-making. South Africans spent about R1.5-trillion on gambling in the 2024/25 financial year, according to the National Gambling Board, with many social grant and funded student beneficiaries using their allocations to gamble. Earlier…
For many households across the Crossroads, debt has become a persistent companion — credit cards used to bridge rising costs, student loans lingering long after graduation, and auto loans stretching monthly budgets thinner than expected. Financial experts say the key to regaining control is not a one-size-fits-all solution, but a clear strategy paired with realistic…
“For a three-year paper, Nabard was willing to pay 7.50%, but the demand was at 7.60-7.70%, so they did not raise funds through three-month maturity but raised one-year paper, and if rates are high, they will borrow short-term,” a senior treasury official said on the condition of anonymity. Read the original article here
Fewer debt buckets, and maybe a lower rate. © ILYA AKINSHIN/stock.adobe.com, © 123object_stock/stock.adobe.com, © dreamsquares/stock.adobe.com; Photo illustration Encyclopædia Britannica, Inc If you have several debts from different places, you might be going nuts trying to keep up with all the various payments and interest rates. Debt consolidation can help you combine your debts into more…
“I just might as well shoot you as to give you a check” – Why Michael Jordan’s $1.25 million gambling debt terrified his golf rival Basketball Network Read the original article here
This 21-Month 0% Intro APR Card Could Help You Wipe Out Debt in 2026 The Motley Fool Read the original article here
Ron Johnson only worries about debt when veterans need benefits | William Hartje Wisconsin State Journal Read the original article here
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Fitness and gambling influencer Togi, real name Shane Stoffer, recently revealed just how far high-stakes betting can spiral when emotions take over financial decisions. During a recent appearance on The Iced Coffee Hour podcast, Togi spoke candidly about gambling…