Category Archives: Debt Consolidation
No Credit Bubble In Brazil, Just Dangerous Consumer Debt Burden
Fear of a credit bubble in Brazil are unfounded, as sky-high lending rates along with an extremely low level of lending against collateral safeguard against the spiraling feedback loops that send an economy racing to the top and then plummeting to the bottom, according to research by Nomura. What is the case in Brazil, though, is that credit fueled demand growth might be topping out as the … Continue reading
Innovative UQ consumer credit research helps reveal true cost of debt
Research conducted by The University of Queensland’s (UQ) TC Beirne School of Law was used to support new consumer credit protection legislation passed by the Senate yesterday. Continue reading
Man drowning in credit card debt seeks lifesaver
WHEN he was approached by a credit card salesperson eight years ago, little did 52-year-old Yeoh realise that it would be the start of all his financial problems. Continue reading
Greek debt rollover plan a default, says S&P
Credit ratings agency Standard & Poor’s casts new uncertainty over euro-zone efforts to rescue debt-crippled Greece. Continue reading
MP admits debt ‘issues’ in debate
An MP admits running up tens of thousands of pounds of debt while he was a student – during a debate about high cost credit lending. Continue reading
Credit agencies warn about debt-payment delay
With signs multiplying that debt-reduction talks between the White House and Congress are at an impasse, Wall Street credit agencies are stepping up their warnings that even a temporary delay in making payment on the government’s $14.3 trillion of debt will result in a significant cut in the nation’s perfect … Continue reading
Posts Tagged ‘credit card debt’
When you start to look for debt help , you will want to speak with debt counselors prior to establishing debt consolidation loans . In many cases, the counselor is going to be able to give you tips and tricks to help you cut back while getting rid of your debt. Continue reading
Credit Markets Rally as Company Debt Risk Drops by Most in 2011
Credit markets are rallying as concern ebbs that Greece will default on its debt and investors speculate the selloff earlier this month was overdone. Continue reading
Joshua Hawker Wins "Be InCharge of Your Debt" Contest
Winner will have up to $10,000 of his credit card debt paid as grand prize Continue reading
Exclusive: S&P to deeply cut U.S. ratings if debt payment missed
NEW YORK (Reuters) – The United States would immediately have its top-notch credit rating slashed to “selective default” if it misses a debt payment on August 4, Standard & Poor’s managing director John Chambers told Reuters. Continue reading
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