If you’re hoping that the drop in inflation will drive down your credit card debt, you may need to look for other solutions. Getty Images The latest inflation report, released this week, showed that inflation fell to 2.4% in March, offering some relief for Americans who have been struggling under the weight of today’s high consumer…
HARRISBURG — An effort to spend a fraction of Pennsylvania’s annual budget to pay off medical debt for thousands of residents ended Wednesday in the state House. Democrats and Republicans on the House Health Committee voted in unison to eliminate the Medical Debt Relief Program initiative from a proposed bill that, when first introduced in…
Increased reliance on payday loans for Finnish gamblers ReadWrite Read the original article here
Debt Consolidation Market HTF MI just released the Global Debt Consolidation Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study’s segmentation by important…
ORLANDO, Fla. – Millennials now make up the largest generation of clients across the country seeking help from debt counseling agencies like Money Management International (MMI). MMI’s data reveals a clear pattern of surging demand and debt loads among Millennial clients in California, Florida, Texas, Georgia, New Jersey, Washington, Arizona, Massachusetts, and Michigan—states that already…
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Religious leaders gather at the Capitol to support the Medical Debt Reset Act. Credit: Clint Combs/MSR Minnesota lawmakers have introduced the Medical Debt Reset Act, setting aside $5 million to help the nonprofit Undue forgive up to $500 million in medical debt. The legislation aims to provide financial relief to Minnesotans with a household income…
Country Garden secures key bondholder group support for offshore debt overhaul Reuters Read the original article here
What Are Liquidity Ratios? Liquidity ratios measure a company’s ability to pay its short-term debt obligations. They include the current ratio, the quick ratio, and the days sales outstanding ratio. In general, a higher liquidity ratio shows a company is more liquid and has better coverage of outstanding debts. Key Takeaways Liquidity ratios can determine a…
CHINESE property developer Country Garden said on Friday it had reached an agreement with creditors holding nearly 30 per cent of its existing offshore bond debt and was close to finalising terms with another group of bank creditors. The company is now in a restructuring process that aims to cut its US$16.4 billion of offshore…