Not all debt is the same. In fact, many experts break debt into two categories: good and bad. Something like a fixed-rate mortgage generally counts as “good” debt. That’s because it usually comes with a (relatively) low interest rate, and it pays for something that may grow your wealth over time. Bad debt, however, usually…
You should know if you’re exposing yourself to risk before you add a second name to your bank account. Getty Images/iStockphoto Federal law treats your Social Security benefits, whether they’re retirement benefits, disability benefits or otherwise, as some of the hardest money in the country for a creditor to touch. A debt collector who wins…
For every dollar Texas billionaire Tilman Fertitta is paying Caesars Entertainment Inc. shareholders, he is assuming roughly two dollars of the casino giant’s debt. Caesars’ nearly $12 billion debt load accounts for about two-thirds of the company’s $17.6 billion acquisition price, a structure that reflects years of acquisitions, restructurings and refinancing transactions that reshaped the…
For every dollar Texas billionaire Tilman Fertitta is paying Caesars Entertainment Inc. shareholders, he is assuming roughly two dollars of the casino giant’s debt. Caesars’ nearly $12 billion debt load accounts for about two-thirds of the company’s $17.6 billion acquisition price, a structure that reflects years of acquisitions, restructurings and refinancing transactions that reshaped the…
If you’ve ever felt frustrated about the whole “go into debt to build your credit history” thing, KOHO has come up with a solution. Available through the KOHO app, KOHO Credit Building lets eligible users build credit history without a traditional credit card or taking on interest-bearing debt. Whether you’re looking for ways to grow…
The Ritz-Carlton Yacht Collection has secured a debt restructuring agreement with its lenders while posting record quarterly bookings, according to the company’s Q1 2026 bond report, published on May 29. Adjusted EBITDA for the quarter of 2026 was negative $19 million, compared to negative $33 million for the first quarter of 2025. The company confirmed…
Msunduzi Municipality has launched a major debt relief programme offering qualifying residents and businesses discounts of up to 50% on outstanding municipal debt in a bid to improve revenue collection and ease financial pressure on consumers. The municipality’s #RandForRand discount campaign, which runs from May 1 to December 31, 2026, has, however, drawn mixed reactions,…
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