Category Archives: Debt Help

Defense Technologies Announces Debt Consolidation, Update on Production Funding – GlobeNewswire (press release)

LAS VEGAS, July 21, 2016 (GLOBE NEWSWIRE) — Defense Technologies International Corp (OTCQB:DTII) (The Company), a developer of security technologies, announces debt restructuring and consolidation in preparations to move towards production. On July 18, 2016, the Company closed agreements to buy-out and restructure two convertible note holders (EMA and Crown Bridge) holding an aggregate of $130,000…

US Treasury chief backs Greece debt relief – The Daily Courier (subscription)

ATHENS, Greece – U.S. Treasury Secretary Jacob Lew stressed Thursday the importance of making Greece’s debt sustainable, praising the country’s progress in reforming its economy as part of its bailouts but urging it to keep implementing the necessary measures. … Read the full article at: http://www.kelownadailycourier.ca/news/world_news/article_6724ab03-578f-5f2a-83ba-f5f4b8f7b8d5.html

US Treasury chief stresses need for Greek debt relief – Appeal-Democrat

ATHENS, Greece (AP) U.S. Treasury Secretary Jacob Lew stressed Thursday the importance of making Greece’s debt sustainable, praising the country’s progress in reforming its economy as part of its international bailouts but urging it to continue implementing the necessary measures. … Read the full article at: http://www.appeal-democrat.com/news/regional_news/europe/us-treasury-chief-stresses-need-for-greek-debt-relief/article_e96deb52-7ae5-5bcc-a969-df153c057a72.html

Bill Empowers RI Student Loan Authority to Offer Crushing College Debt Relief – Patch.com

RHODE ISLANDRhode Islanders struggling to pay off college loans will soon have new options through the Rhode Island Student Loan Authority to refinance and consolidate debt to get lower interest rates. Governor Gina Raimondo on Wednesday signed into law legislation that gives the quasi-state agency the power to issue bonds and buy and invest in…

FT: Turkish Turmoil Could Help Greece Get Debt Relief – Greek Reporter

An article in the Financial Times makes a case for the current turmoil in Turkey being of benefit to Greece. U.S. Treasury Secretary Jack Lew has said that Greeces creditors should let Greece restructure its debt so that the country can play a role as an anchor of regional stability in…

FairQuid aims to help Merseyside workers slash their debts – Liverpool Echo

A new employee benefit loan scheme (EBL) that promotes workers financial wellbeing and acts as an alternative to high-interest payday lenders, is expanding into the Liverpool city region. Following a full trial of its EBL scheme in East Lancashire, FairQuid has targeted Merseyside for the first stage of its roll-out programme. And it has teamed…

Murray Energy working with investment banks on debt relief: sources – Reuters

Murray Energy Corp [MUYEY.UL], one of the largest privately held U.S. coal miners, is working with investment banks to renegotiate terms of its credit agreements in a bid to stave off bankruptcy, people familiar with the talks said on Monday. The talks underscore the industry’s challenges as governments have curbed the use of coal at…

Student Debt Helps, Not Harms, the US Economy, White House Says – Wall Street Journal (blog)

Jul 19, 2016 1:19 pm ET The White House just released a big report on student debt that contains all the familiar horrors about for-profit schools, indebted dropouts and students defaulting on their loans. But it has an interesting conclusion: That growing stack of $1.3 trillion in st… Read the full article at: http://blogs.wsj.com/economics/2016/07/19/student-debt-helps-not-harms-the-u-s-economy-white-house-says/

Why student debt may actually help the US economy – MarketWatch

The White House just released a big report on student debt that contains all the familiar horrors about for-profit schools, indebted dropouts and students defaulting on their loans. But it has an interesting conclusion: That growing stack of $1.3 trillion in student debt is helping, not hurting, the U.S. economy. That conclusion is sure to…

With Trump’s help, N.J. GOP pays off Bridgegate debt – Philly.com

The New Jersey Republican Party has paid off the half-million dollars in debt it owed to creditors in the aftermath of the George Washington Bridge lane-closure scandal, according to a filing made public by state campaign-finance regulators on Tuesday. A fund-raiser held by Donald Trump in May appeared to help considerably. The party’s filing with…