Even before Christmas, Americans went on a spending spree, adding a record $21.9 billion in credit card debt in just three months from July through September. Then we each charged $1,000 more in holiday spending, according to consumer financial-education website Magnify Money, and are starting 2017 with more debt than some can ever pay. During…
THE silly season might be over but the debt hangover is not for thousands of Australians who are expected to pay the price for festive splurges well into 2017. Roy Morgan research for The Salvation Army suggests 1.8 million people will take two to three months to pay off their Christmas credit card debt and…
THE silly season might be over but the debt hangover is not for thousands of Australians who are expected to pay the price for festive splurges well into 2017. Roy Morgan research for The Salvation Army suggests 1.8 million people will take two to three months to pay off their Christmas credit card debt and…
Many Fifers will be feeling the pinch after Christmas after spending money on food, drink and presents for loved ones. But for some, the festive period may have brought additional stress if they are already struggling with debt and money problems. Citizens Advice and Rights Fife (CARF) provides free information and advice on a wide…
Many Fifers will be feeling the pinch after Christmas after spending money on food, drink and presents for loved ones. But for some, the festive period may have brought additional stress if they are already struggling with debt and money problems. Citizens Advice and Rights Fife (CARF) provides free information and advice on a wide…
National Debt Relief recently shared in an article published January 3, 2017 some of the things people need to know about reverse mortgages. The article titled “Reverse Mortgages What You Need to Tell Your Parents” aims to help families, especially retirees, decide if taking up a reverse mortgage will fit into their plans. Philadelphia, PA…
Four years ago, Kim Jong-gu went to the South Korean mountain town of Sabuk to find out why his thirty-something daughter kept asking him for money. When I found her at the casino, she was laden with debt from loan sharks, Kim said, recalling his visit to Kangwon Land, the only casino of 17 in the…
With the holidays behind you, the new year is a great time to get your finances back on track if youve slipped a bit. By dedicating yourself to using credit responsibly and sticking to a sensible plan, then you can effectively pay down your debt. According to debt.org, total U.S. consumer debt is at $11.4…
How VET FEE-HELP debt went from costing taxpayers $325m to $3b Karen Andrews is the fourth vocational education minister in the past year. Photo: Alex Ellinghausen Former Labor treasurer Wayne Swan says no such unit existed when he was deputy to prime ministers Julia Gillard and Kevin Rudd. Photo: Stefan Postles Education Minister Simon Birmingham.…
As part of the broader economic legacy of President Obama, from jobs to the stock market, one of the most notable changes has been the increase in the national debt. Based on quarterly data released by the US Treasury, the debt at the end of 2008 just before Obama took office stood at roughly $10,699,805,000,000.…