Amid an epidemic of mortgage stress, a perfect financial storm is on the way, experts warn – ABC News

As Australia’s levels of household debt hit historic highs, experts are warning of a perfect financial storm on the horizon for struggling home owners with a surge in repayments set to hit interest-only home loans over the coming 12 months. Key points: Mortgage stress is surging as household finances become increasingly stretched The situation…

Luby’s to close more restaurants to help pay off debt amid declining sales – KTRK-TV

HOUSTON, Texas (KTRK) — Luby’s announced it plans to shutter more restaurants after closing eight properties in May due to declining sales. The sale totaled $11.6 million, helping the company pay down its $39.5 million outstanding debt. President and CEO Chris Pappas says the company plans to sell off more properties. It’s also looking at…

Ameritech Financial: More Corporations Offering Assistance With College and Student Loan Debt – PR Newswire (press release)

ROHNERT PARK, Calif., Sept. 17, 2018 /PRNewswire/ — Ameritech Financial is closely following the recent trend of companies offering employees assistance with college education. Such programs can help to minimize student debt or pay it off, depending on the specifics of the program. For example, companies such as Starbucks, UPS, Wells Fargo and Comcast are offering employees…