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Category Archives: Debt Help

Trade War Muddles China’s Battle to Curb Debt – Bloomberg

Debt HelpBy Insolvency GuardianJuly 8, 2018

The start of trade hostilities between the U.S. and China accentuates an important underlying theme in China’s own economy and the way it affects the world. A big tussle is taking place within China that the leveling of tariffs by Washington and Beijing can only aggravate. That struggle is the effort by China to slow…

Drowning in debt? Consolidation could help, if the terms are right – Newsday

Debt HelpBy Insolvency GuardianJuly 8, 2018

Habits are hard to break. Americans tamed their use of credit cards post-recession, but theyve fallen off the wagon. According to a Lending Tree analysis of new Federal Reserve data, Americans are set to amass $4 trillion in consumer debt which includes non-mortgage debts such as personal loans, auto loans and student loans in addition to credit…

How the 50-20-30 rule can help you get out of debt and save money – NBCNews.com

Debt HelpBy Insolvency GuardianJuly 6, 2018

If its not possible to cut back on major expenses, then you need to take a look at your smaller expenses, says Berger. Go through the list of expenses in your 50 percent bucket and ask yourself: Do I need this? Can I get rid of it, or can I somehow lower it? If you…

Debt trap: People imprisoned for crime are being punished twice – The Sydney Morning Herald

Debt HelpBy Insolvency GuardianJuly 6, 2018

It is not just prisoners who pay a high price for this double punishment. Society does too, through the crimes committed so people can raise money to pay off debts, the cost of the resulting high recidivism rates (keeping a person in jail for 12 months is estimated at $110,000), and in the heavy reliance…

Treasurer Ben Wyatt says extra GST cash will help bring about WA surplus quicker than planned – The West Australian

Debt HelpBy Insolvency GuardianJuly 5, 2018

The Federal Governments $2 billion injection into the WA Budget is set to save the States taxpayers from more pain, with Treasurer Ben Wyatt saying the extra cash will help slash debt and deficit. As Liberal MPs used the GST overhaul as a rallying cry ahead of a looming Federal election, the State Government may…

Debt relief deal will help smooth Greek market return: central bank – Reuters

Debt HelpBy Insolvency GuardianJuly 5, 2018

ATHENS (Reuters) – Relief measures agreed with Greeces official creditors to help render its debt load sustainable will help smooth the countrys return to market financing, the Bank of Greece said in a monetary policy report on Monday. People make their way past the Bank of Greece headquarters in Athens, Greece, May 16, 2017. REUTERS/Costas…

Treasurer Ben Wyatt says extra GST cash will help bring about WA surplus quicker than planned – PerthNow

Debt HelpBy Insolvency GuardianJuly 5, 2018

THE Federal Governments $2 billion injection into the WA Budget is set to save the States taxpayers from more pain, with Treasurer Ben Wyatt saying the extra cash will help slash debt and deficit. As Liberal MPs used the GST overhaul as a rallying cry ahead of a looming Federal election, the State Government may…

Smart ways to get other people to pay off your student debt – CNBC

Debt HelpBy Insolvency GuardianJuly 5, 2018

Currently, just 4 percent of employers offer student debt assistance. But that’s changing as more employers come to realize education debt is a problem for many of their workers, said Katie Berliner, account executive at YouDecide, a benefits firm. “In order to attract and retain talent, employers are looking at offering contributions to people’s student…

HNA executive’s death risks more turbulence at debt-laden giant – The Sydney Morning Herald

Debt HelpBy Insolvency GuardianJuly 4, 2018

Second-in-charge This undated photo shows HNA Group co-chairman Wang Jian who fell to his death in France. Photo: HNA Group via AP Wang was second only to Co-Chairman Chen Feng within HNA’s hierarchy, and owned about 15 per cent of the conglomerate, making him one of the group’s biggest shareholders, according to HNA’s last update…

HNA executive’s death risks more turbulence at debt-laden giant – The Canberra Times

Debt HelpBy Insolvency GuardianJuly 4, 2018

Second-in-charge Wang was second only to Co-Chairman Chen Feng within HNA’s hierarchy, and owned about 15 per cent of the conglomerate, making him one of the group’s biggest shareholders, according to HNA’s last update of its ownership structure. Chen also holds a 15 per cent stake. HNA said last year that its executives plan to…

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