MILLIONS rely on credit cards to get them though the festive season but once January springs around they are left looking for a way to shift the debt. A combined £6.4billion is borrowed over Christmas according to research by Comparethemarket.com. Getty Images Millions rely on credit to fund their festive fun While a fifth anticipate…
IN THE RED New research shows that Brits will carry an average of £636 in credit card debt into the new year ALMOST nine in ten credit card customers who are in the red will carry their debt into the new year, with the average person owing £636, new research shows. With credit card debt hitting…
CORPUS CHRISTI - Each year, the holiday season is followed by a reminder of how much was spent on gifts and for many, it is a clear signal that some work may need to be done in order to get back on track. In fact, overspending in December can leave you in debt heading into…
I took out a loan to build a house and during the build my father had a heart attack and had to undergo bypass surgery. He then needed continuous care until he died. I was the one to bear the cost of the hospitals and all the medicine; I had no option but to fund…
With a renewed sense of urgency, Democrats in the Senate are pushing for mass student loan debt forgiveness before Donald Trump takes office. The Ring of Fires Farron Cousins discusses this. [embedded content] Transcription of the above video: With less than a month before Donald Trump officially gets sworn in as the next president of…
Roadside call centre in Lagos. Photo: Akintunde Akinleye/Reuters South African banks are likely to be less profitable in 2017 amid a slow economy, increase in bad debts and rising capital costs. However, insurers are likely to profit from new technology. From News 24. Story by Godfrey Mutizwa With about 1 percent South African growth forecast for next…
During the holidays, spending on gifts, travel and more can run up your credit card debt. With January right around the corner, those bills are coming due sooner rather than later. The holidays show how Americans are once again relying more on their credit cards. The average household has $16,061 in credit card debt, just…
During the holidays, spending on gifts, travel and more can run up your credit card debt. With January right around the corner, those bills are coming due sooner rather than later. The holidays show how Americans are once again relying more on their credit cards. The average household has $16,061 in credit card debt, just…
Athens’ decision to pay out bonuses to pensioners prompted Eurozone members to freeze short-term debt relief to Greece. Poverty-stricken pensioners jumped at the hand-out, waiting in long lines to cash their checks. The finance ministers, known collectively as the Eurogroup, issued a statement on Saturday saying that Greece’s creditors had agreed to continue talks. This happened…
[embedded content] Sins of spending past have a sneaky way of coming back to haunt you. And with over Australians facing an $32bn post-Christmas credit card bill there may be a lot of debt ghosts reappearing after the holiday spending splurge. The whopping $32.3bn billion credit card bill (and growing) – on top of AUD…