Most people get personal loans for debt consolidation—here’s the average amount – CNBC

Recent studies reveal that debt consolidation is the top reason why people take out personal loans. According to an Aprilstudyby Bankrate that analyzed responses from more than 160,000 applicants, debt consolidation was the most reported reason for getting a loan in quarter one, at 38%. An additional 5% of applicants in Bankrate’s study selected credit…

It’s a good time to save money on credit-card debt consolidation – Business Insider

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. A personal loan can be a helpful tool for consolidating and paying off credit-card debt.…

COVID Fallout: Provincial government moves to mediate debt-relief for Phuket businesses – The Phuket News

COVID Fallout: Provincial government moves to mediate debt-relief for Phuket businesses PHUKET: The Phuket Provincial Government is calling for financial institutions to discuss terms for repayment of outstanding debts among local businesses as many are suffering heavily from the fallout of the COVID-19 lockdown provisions. Financial institutions, including banks and non-banks, were invited to discuss…