CALGARY, Alberta, July 14, 2025 (GLOBE NEWSWIRE) — Following two consecutive interest rate pauses, the MNP Consumer Debt Index–conducted quarterly by Ipsos–is holding steady at 88 points this quarter. Still, nearly two-thirds of Canadians say they desperately need interest rates to go down, relatively consistent since last quarter (64%, +1pt). Despite the Index stabilizing, ongoing economic uncertainty and the cost of living continue to weigh on households. More than one-third (36%) of Canadians report feeling anxious or stressed about their financial situation, while one-quarter say they feel like they’re having to put their life on hold (26%) or are constantly putting out financial fires, facing one unexpected cost after…

Picture this: Tabatha, 29, is a registered nurse who makes about $80,000 a year. She’s always been responsible with her money, which means she’s debt-free, has an emergency fund and is setting aside money for her future.

But her mom, who is $20,000 in debt, is now pressuring Tabatha to take out a loan to help her pay it off. To make matters worse, the rest of Tabatha’s family is piling on the pressure, too.

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Since her mom has a history of being financially irresponsible — and emotionally manipulative — Tabatha has put her foot down and said no. But now her mom says she feels “betrayed” by her daughter, and Tabatha is wondering if there’s anything she can do to repair their relationship without giving in to her…

Sevilla, Spain

Honourable Gaston Browne, Prime Minister of Antigua and Barbuda, 
Honourable Hussain Mohamed Latheef, Vice President of the Maldives,
Excellencies, 
Distinguished Participants,

It is an honour to join you in this important event, especially with PM Garton Brown, the political advocate for SIDS SDG financing.

Our pursuit of the Sustainable Development Goals depends on a global financing architecture that is fair, effective, and responsive in meeting today’s challenges. 

The new Debt Sustainability Support Service (DSSS), born from SID4 in Antigua and Barbuda, is an important step in this direction.

Financing is the fuel for sustainable development. Yet, many Small Island Developing States (SIDS) are running on…

LAKEMORE, Ohio — Household debt in the U.S. is at an all-time high, reaching more than $18 trillion in the first quarter of 2025, according to the Federal Reserve Bank of New York.

If you’re one of the millions of Americans struggling to pay off your debt, you might consider debt relief programs. However, not all of those programs are actually helpful.

Debt relief scams are one of the top scams reported to the Better Business Bureau.

Good Morning Cleveland anchor Mike Brookbank spoke with a Northeast Ohio woman about what happened after she was contacted by a supposed company offering to pay off her credit cards.

Cheryl Anderson said she received a phone call from a number with a New York area code. The caller claimed they were with a…

It’s a hard time to be a company.

There seems to be no end to the series of catastrophes affecting
us: COVID, an economic meltdown, trade wars, and the cancellation
of Bojack Horseman on Netflix. Companies are feeling most
of these disasters, and many are declaring bankruptcy.

You are a creditor and they owe you. How do you ensure
you’ll be paid back (or refunded)?

When a company that owes you money files for bankruptcy, you
must immediately stop attempting to collect the debt directly from
the debtor. (To do otherwise could violate the bankruptcy code and
get you sued!) Read on to find out what you can do next:

It may or may not be worth it to pursue your rights.

• Consider how much money you are owed and your relative…

The present appeal has been filed against an order passed by the Adjudicating Authority by which it allowed the revival of the Application filed under section 7 of the Insolvency and Bankruptcy Code, 2016 (Code) by the Anchor Point Developers Pvt. Ltd. to…