December 2009

Credit Debt In Australia Set New Record (Bernama)

MELBOURNE, Dec 28 (Bernama) – In what is a new record, Australians now owe more in household debt and in comparison to the annual earnings of the country’s economy.

Debt no problem till credit tap turned off (ABC via Yahoo!7 News)

In the aftermath of the financial crisis that rocked the globe, Australians have taken spending to a new height, plunging the nation into record levels of debt.

CREDIT DEBT IN AUSTRALIA SET NEW RECORD (Bernama via Yahoo! Malaysia News)

MELBOURNE, Dec 28 (Bernama) â In what is a new record, Australians now owe more in household debt and in comparison to the annual earnings of the country’s economy.

Record debt this festive season (BigPond News)

Figures show that Aussies are racking up a record debt on our credit cards this festive season.

Aiful Credit Swaps Ruling May Come Next Week After UBS Request (BusinessWeek)

UBS AG’s request for a ruling on credit contracts linked to Aiful Corp. was accepted by an international group governing swaps and derivatives, paving the way for debt holders of the Japanese company to get repaid.

Check credit reports when attempting debt settlement (The Columbus Dispatch)

Dear Debt Adviser: Last spring, I decided to tackle debt settlement on my own. I wrote to the creditors I could remember, asking for the balance due and what payment options we had.

Aust credit binge sets new debt record (BigPond News)

Australians now owe more in household debt than the country’s entire economy earns in a year.

Credit Card Debt Horror Stories (PRWeb)

Personal loans do keep accumulating over time especially with such loans as school loans, vehicle debt and of course we must not forget the credit card payments! (PRWeb Dec 27, 2009) Read the full story at http://www.prweb.com/releases/2009/12/prweb3385454.htm

Credit Card Debt Horror Stories (PRWeb via Yahoo! News)

Personal loans do keep accumulating over time especially with such loans as school loans, vehicle debt and of course we must not forget the credit card payments!

Lorex completes new U.S. $10 million senior credit facility (CNW Group via Yahoo! Finance)

LOREX Technology Inc. is pleased to announce it has closed on a new senior debt credit facility consisting of revolving loans aggregating U.S. $10 million.

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