(Bloomberg) — Some of the worlds largest investment firms are preparing for a shakeout in the $770 billion market for private debt, making it a prime target for takeovers. Private equity managers, many of whom had piled into lending when banks cut back risks after the 2008 financial crisis, say the market has become so…
Super Typhoon Mangkhut locally named Ompong battered the province of Cagayan in the Philippines on September 14th 2018, destroying homes, severely affecting agricultural lands and livelihoods and damaging evacuation centres where residents fled for safety. Residents of the Sitio Laoc, Barangay Pateng, are still recovering from the effects of the typhoon. Every time it rains…
Global Debt Settlement Market report presents the worldwide Debt Settlement market size (value, production and consumption), splits the breakdown (data status 2014-2018 and forecast to 2025), by manufacturers, region, type and application. This press release was orginally distributed by SBWire Los Angeles, CA — (SBWIRE) — 02/27/2019 — Global Debt Settlement Market report presents a…
Revolving credit card debt can be a problem at any age, but its especially troublesome when youre retired and on a fixed income. Unfortunately, credit cards have become the lender of last resort for some senior citizens who often face medical-related expenses on top of ongoing cost increases in housing, utilities and food. Here is…
Businessman is balancing with debt, 3D rendering Getty Royalty FreeGetty Our minds are wired to prioritize the near-term over the long-term. We shouldnt be surprised that a new survey by New York Life shows most parents list paying down existing debt as their number one financial priority over longer term goals like saving for college…
Seems there are incentives everywhere aimed at attracting people to certain parts of the country or to specific jobs. In some cases, those incentives can help college graduates pay off student debt, which as of March 2018 was at $1.5 trillion among 44.5 million loan borrowers nationwide, according to the Federal Reserve. … Read the…
Did you know the average American is approximately$38,000 in personal debt, with credit card debt being the leading source? With such a large amount of debt, personal loans are becoming more popular, especially for credit card debt consolidation. In the past year alone,34% of Americans took out a personal loan. Personal loans can be used…
Seems there are incentives everywhere aimed at attracting people to certain parts of the country or to specific jobs. In some cases, those incentives can help college graduates pay off student debt, which as of March 2018 was at $1.5 trillion among 44.5 million loan borrowers nationwide, according to the Federal Reserve. … Read the…
Shutterstock Student loan debt in 2019 is the highest ever. The latest student loan debt statistics for 2019 show how serious the student loan debt crisis has become for borrowers across all demographics and age groups. There are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S.…
Social worker Jenny McCabe helps other people all the time, but it was her own financial stress that put her on the path to getting help herself. Struggling with high credit card debts after a relationship breakdown, Ms McCabe said she burst into tears of relief at her first meeting with a professional financial adviser.…