Fears of a fresh debt crisis in developing countries that would send shockwaves through the global financial system have been highlighted by a United Nations report stressing the vulnerability of poor states to falling commodity prices and higher interest rates. The annual report from the UN conference on trade and development (Unctad) said the benefits…
Getting out of debt isnt easy, and while theres plenty of practical advice to help, the psychological toll is a huge, often-overlooked obstacle. When you feel utterly powerless against debt, it only makes the process more difficult. While it takes money to get the job done, shifting your mindset to an empowered one will help…
PROVIDENCE, R.I. (AP) Rhode Island is helping 215 college graduates pay back their student debt. The state’s Commerce Corp. said Tuesday that it’s awarding an average of $3,750 a year in loan relief to the winners of its new Wavemake… Read the full article at: http://www.heraldcourier.com/news/rhode-island-awards-student-debt-relief-to-college-grads/article_936c6a26-397c-54d0-8077-425517c54ac6.html
Imagine being a senior citizen, living on Social Security and perhaps a small fixed pension, and trying to deal with the rising costs of living. Or imagine being a disabled person with no hope of earning additional money to make ends meet. You’ve been forced to use your credit card to survive, and the balances…
Debt consolidation is the process of refinancing multiple balances into a single loan. You can take out one loan for the total amount of your current debt, then repay your existing debts with the funds from the new loan. Finally, youre left with just the new loan to repay. A debt consolidation loan can help…
Few things in life are as annoying as persistent phone calls from telemarketers and debt collectors. They can be relentless. The calls are also often made in violation of the Telephone Consumer Protection Act or the Fair Debt Collection Practices Act. Thats where Nathaniel Clark comes in. Clark, a litigation attorney with The Law Offices…
HELIOS Investment Partners would pay $115.8m for 49% of the voting rights in Nigerian oil and gas group Oando plcs subsidiary Oando Gas and Power (OGP), it said on Monday. The deal will help Oando to bring down debt. At the end of June, the group had total short-and long-term borrowings of 279.7-billion naira ($888.6m)…
(Andrew Bossi, CC BY-NC-SA 2.0) There are 44 million student loan borrowers holding a total of almost $1.3 trillion in student loan debt. 8 million or more federal student loan borrowers are in default. One in seven borrowers will default on federal student loans within three years of repayment. In total, more than 30 percent of…
Hillary Clinton, campaigning Monday at Temple University, told college students – many of whom are drowning in debt – that she’s the candidate to address their needs. “No one will work harder to make your life better,” Clinton said, promising to give young people a say in White House decision-making. Clinton told the crowd of…
Rapper Lil Wayne attends Samsung Galaxy Life Fest at SXSW 2016 on March 12, 2016 in Austin, Texas. (Photo : Jonathan Leibson/Getty Images for Samsung) News broke this week that Nelly had been hit with a hefty $2,412,283 tax lien for unpaid dues to the IRS. Once fans got wind of this, they started the #hotinherestreamparty hashtag,…