I am an accountant and have a loan of Dh140,000 and am struggling to pay the EMI of Dh6,200. I earn Dh7,000 a month, which does not include accommodation, and I asked the lender to reconstruct my loan but still the EMI is too high. I also have another loan from another bank and on…
Student loan debt has made it difficult for many young Americans to enter the housing market. A recent survey from the National Association of Realtors found that 71% of student loan borrowers cited their student loan burden as a reason to delay buying a home. The student loan plight may be a major factor in…
Lenders will have to make sure that customers can manage repayments at a rate of around seven per cent – far higher than the rate they are likely to be applying for. It means borrowers will only be able to qualify for a loan if they could afford bills at the higher rate, which…
Student loan debt has made it difficult for many young Americans to enter the housing market. A recent survey from the National Association of Realtors found that 71% of student loan borrowers cited their student loan burden as a reason to delay buying a home. The student loan plight may be a major factor in…
Australian companies hunting for bespoke debt deals are finding willing lenders in the Americas, where low interest rates have prompted investors to venture further abroad for yield. With nearly 40 per cent of the world’s bonds yielding less than 1 per cent, North American insurers thirsty for income are ramping up their lending to companies…
Put aside whatever shred of healthcare decency the Senate happens to be ripping out at the moment and take a look at Better, a startup helping people deal with out-of-network medical bills. The startup has just pledged 100 percent of its revenue towards relieving those stuck in serious medical debt at least until this fall. Better…
Greece might have a long way to go to recover from its devastating crisis, but things are finally starting to look up after the countrys creditors agreed a deal to unlock the next stage of its bailout programme and help it avoid a default. Prices for the governments few publicly-traded bonds hit their highest level…
Debt counselling company, Debt Rescue, says it has experienced a substantial increase in financially distressed consumers applying for debt review over the past few months. Debt Rescue CEO, Neil Roets said that since the beginning of January there had been a marked increase in the number of consumers who sought relief by going under debt…
Amrita Jayakumar, NerdWallet 4:00 p.m. ET June 24, 2017 Paying off debt requires a comprehensive plan. If income and expenses wont fix the problem through consolidation, consider bankruptcy.(Photo: Getty Images/iStockphoto) When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of…
Credit card debt has become a big problem for a lot of consumers especially for single parents that is why National Debt Relief shares some tips to manage it with a recently published article. The material released May 15, 2017 and titled “8 Tips For Single Parents Struggling With Credit Card Debt” aims to give…