A European Court trial could decide whether authorities in the union can help Denmark to collect outstanding student loans from EU citizens. But the issue remains complicated. Though increasing numbers of EU citizens are drawing Danish state student loans, (statens uddannelsesstøtteslån or SU-lån in Danish), the Copenhagen government remains unable to determine whether debts…
(Adds new items) Jan 15 (Reuters) – British construction and services company Carillion collapsed on Monday when banks refused to lend it any more money, throwing hundreds of major projects in doubt and bringing down one of the governments most important suppliers. Carillions shares had lost more than 90 percent of their value since a…
DEBT-laden Australians admit to burying their head in the sand to avoid facing the reality of paying back large sums of money owed. While many shoppers have arrived in 2018 with a whopping credit card debt in tow, new data from debt solutions agency Fox Symes has revealed one in four desperate consumers admit they…
Image copyright Getty Images Charities helping people in debt have said they are bracing themselves for their busiest year as people begin receiving their post-Christmas credit card and store card bills. Blue Monday, as it is known to debt advisors, traditionally sees a rise in the number of people asking for help. Community Money Advice…
DEBT-laden Australians admit to burying their head in the sand to avoid facing the reality of paying back large sums of money owed. While many shoppers have arrived in 2018 with a whopping credit card debt in tow, new data from debt solutions agency Fox Symes has revealed one in four desperate consumers admit they…
Troubled gold miner Blackham Resources has taken another step towards its recapitalisation with its main contractor MACA providing a $14.3 million loan to help it out of its short-term cash crunch. The MACA loan will enable Blackham to pay its financier Orion for a $14.8 million debt repayment which was due at the end of…
ATHENS The forbidden subject of Greek debt relief but with new measures attached was raised by Eurozone officials at a meeting but even if granted means Prime Minister Alexis Tsipras wont get the clean exit, from three international bailouts of 326 billion euros ($397.61 billion) hes been touting. With the bailouts expiring in August, Tsipras…
A mum-of-two saddled with debt and facing eviction has revealed her 18 money-saving hacks that helped her get back on her feet. Among Morgan Woods’ 18 tips simple tips are unplugging electrical items when they are not being used and making your own lunch. She also suggests using coupons, planning your meals and even borrowing…
Too many of us react to the prospect of financial meltdown by sticking our heads in the sand. Don’t be one of those people – here are some invaluable tips to help you regain control of your finances. A line of UK old pound coins on top of UK banknotes (Image: Studio EDJO) There are…
Around eight million people in the UK regularly miss bill repayments or feel overwhelmed by their debts. Yet despite the reality, just one in five seek advice for it . According to the Money Advice Service, 10% of the population could be suffering in silence with serious money problems, with young adults, people who rent…