Almost $13 trillion. Thats the eye-popping figure for total household debt as of September 30, 2017, according to the Federal Reserve Bank of New York. To put that in perspective, the former record was set in the first quarter of 2008, right before the onset of the financial crisis. Credit card debt, auto loan debt,…
Helping grown-up chil… Read the full article at: http://www.kerngoldenempire.com/news/new-survey-3-in-4-parents-help-adult-children-pay-debt-living-expenses/879163661
Opinion Gerard Brody, CEO Consumer Action Law Centre The boom of buy now pay later at popular retailers has been touted as a win for business and consumers alike. But at a time when Australians already have record levels of household debt, is buy now pay later just adding to debt problems? Image: iStock (funky-data) …
Amrita Jayakumar, NerdWallet Published 7:00 a.m. ET Dec. 10, 2017 CLOSE According to new data from U.S. Census Bureau, Americans are making more money! Veuer’s Natasha Abellard (@NatashaAbellard) has the story. Buzz60 A hundred dollar bill on fire.(Photo: Getty Images) Maybe youre afraid to face your bills, or just don’t know how to start…
Brown University announced Thursday that it will no longer provide loans, only grants, in an effort to help students graduate with less debt. Starting in the fall of 2018, all students who receive financial aid from the Ivy League university will recei… Read the full article at: https://www.huffingtonpost.com/entry/brown-university-loan-free-financial-aid_us_5a29c60fe4b073789f687aa6
What if you have accumulated medical debt and have no way of paying it when it’s due? People often feel ashamed of their medical debt, seeing it as their moral obligation to pay their bills and a personal failure that they cant afford them. The consequences can be serious. People may forego the care they need, including doctor…
If all 1.9 million premises still to connect to the national broadband network on existing pay television or internet cables are pushed back by six months, it could result in a $500 million delay in revenue, NBN Co chief financial officer Stephen Rue said on Friday. In late November, the NBN announced a six to nine-month delay for new…
“My husband and I are parents of three children. We have worked very hard through the year to take care of some of our debt,” a woman wrote to Goodfellows. “We sometimes have enough to cover our main bills, but never enough for extras around the holiday season,” she wrote. “My children never know our…
Millions of young Brits are in danger of stepping into adulthood in debt, with one in four under-18s being tempted into credit cards before they can legally accept it. A quarter of 16-and-17-year-olds said they’d been offered a credit card or had received material around personal loans in the past – despite the fact that…
Hello Nicole, I have come across your article titled “Nicole Helps identify a good offset account”. My questions to you is: I make loan repayments fortnightly and we have an offset account (this is something I will have to investigate further after reading your article). My real concern is why doesn’t my mortgage debt level reduce every time…