Rising interest rates and high levels of corporate debt have lots of investors concerned. Should small businesses be worried? The majority of small businesses (in most industries) are able to pay their bills on time. According to Experian/Moodys Analytics Main Street Report, overall delinquencies for businesses with fewer than 100 employees were slightly down in…
1. Pay off debts with high interest rates first In this era where so many apps offer instant loans, you are likely to have several loans with several financial institutions. These usually come with different interest rates. If you are in this situation, start by paying off the ones with the highest interest rates. This…
PixabayPixabay How does crowdfunding work for startup entrepreneurs? Crowdfunding exploded onto the internet a few years ago. Since then early platforms like Kickstarter and Indiegogo have seen hundreds of new crowdfunding platforms emerge onto the scene, fueled and transformed by the new JOBS Act. How can this help entrepreneurs launch and grow their startups? How…
Most credit cards give up to 56 days interest-free credit and as long as you pay off your balance in full and on time each month, youll be charged no interest Change cards to help relieve your festive spending hangover Independent.ie Credit card spending has been falling here for some time thanks to a big…
A new debt advice service helping families in Levin is at capacity already just months after opening its doors. The books at the local branch of Christians Against Poverty (CAP), a national debt counselling charity, were full since it opened its first debt centre in Queen St late last year. The CAP centre in Levin…
Fior Markets have published a research study on Global Credit Settlement Market Growth (Status and Outlook) 2018-2023. The report is useful for existing market players, as well as, those are interested in the analysis. It contains qualitative market data from 2018 to 2025. The authors have completed an overall analysis…
South African consumers are generally not very good at saving or budgeting, so defaults on bonds and rents are always the highest at the start of a new year, according to Rudi Botha, CEO of BetterBond. However, there are some positive steps you can take right away to help make ends meet, says Botha. Get…
Premier Oil has used its second consecutive year of record oil production to make bigger than expected cuts into its huge debt pile. The London-listed oil and gas company expects its financial results to reveal end-of-year debtsof $2.3bn, after shaving $390m off the total following a boom in its oil output. Premier told investors it…
For financial goals that are about three years away, investing in debt funds help in generating tax effective returns. Compared with a net inflow of Rs 1.42 lakh crore in November 2018, mutual funds registered a net outflow of Rs 1.36 lakh crore in December 2018. While the equity asset base continues to be robust,…
Medical debt is part of the terrible legacy of asbestos exposure in America. Cancer therapies are expensive for all patients in the U.S. The average cost of a major chest surgery is about $40,000, and eight weeks of chemotherapy may cost up to $30,000. These medical bills often come at the same time the patient…