$1.28 trillion. That's how much Americans have in student loan debt, which means there's a good chance you owe a piece of that. Most recent grads in the class of 2016 finished school with an average of $37,172 in debt. That's a big hole...Show More Summary
Why Surging UK Household Debt Will Cause The Next Crisis - Easy credit offered by UK banks is endangering “everyone else in the economy”- UK banks are “dicing with the spiral of complacency” again- Bank of England official believes household...Show More Summary
Shanghai (AFP) – Ten Chinese Super League clubs say they have paid off debts related to player wages, bonuses and transfers after 13 of them were threatened with expulsion. Shanghai Shenhua, who signed Argentine striker Carlos TevezShow More Summary
You might think that all your debts are equal. In your mind, there might not be any difference between your auto loan, student loan, and credit card bills. But there is one major difference: Some of your debts are unsecured, and some are secured. It's important to know the difference if you run...
LONDON — Labour MP Rachel Reeves, head of an influential parliamentary committee on business, added her voice to the growing chorus of alarm on consumer debt in the UK. Reeves, who was an economist with HBOS during its bailout at the...Show More Summary
A few weeks ago, we wrote a note about how European auto lenders are becoming just about as ridiculously undisciplined as their counterparts in the United States. Apparently an ever-growing reliance of European millennials on lease financing...Show More Summary
Gold remains inside its 5 year wedge with no clear trend yet revealed. But there are a number of near-term potential catalysts such as the German Elections, Debt Ceiling Debate & Commitment of Traders positioning which may help giveShow More Summary
Delmin Lopez Colomo landed in a San Antonio hospital on Sunday along with 28 other migrants who slipped across the U.S. border and climbed into the back of a truck for a suffocating ride that killed 10 people. For the 23-year-old Lopez, it was the second attempt to sneak into the United States...
In its toughest warning yet about the possibility of a rerun of the financial crisis that devastated the economy 10 years ago, Threadneedle Street admitted it was alarmed about the increase in the amount of money being borrowed on easy...Show More Summary
When the ride-sharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment, according to data pulled with Crunchbase and PitchBook. Show More Summary
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips. Continue reading Zero Profit Airline Has More Debt Than You Imagine and Old Hong Kong Landings...
Thirteen top-flight Chinese clubs are told to clear debts or face a ban from playing in next season's Super League.
As we first showed last week, while the equity market has remained completely oblivious to what the upcoming debt ceiling fight, which Morgan Stanley admitted over the weekend "worries us most" of all upcoming catalysts, the same can...Show More Summary
Borrowers who default on their student loans are pursued aggressively by the Department of Education and private debt collectors, facing garnished wages, withheld IRS tax returns, and decreased Social Security payments, Reuters reported. "We...Show More Summary
Authored by Charles Hugh Smith via OfTwoMinds blog, Any nation-state that meets these four requirements is fully exposed to a global loss of faith in its economy, debt, balance of payments and currency. There's an entire sub-industry in journalism devoted to the idea that China is poised to replace the U.S. Show More Summary
Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, I discussed the issue of debt and why “people buy payments.” This article generated much discussion and several emails including the following. “You argue that rising...Show More Summary
If some version of the GOP’s healthcare bill comes to pass, millions of Americans will find themselves selling assets, going into debt, or declaring bankruptcy as they struggle to pay for medical services.
Setting goals for yourself is smart, as long as you have a roadmap for achieving them. This is especially true for financial goals, like eliminating debt or reaching a six-figure net worth. Devising the right plan is more of a math problem...Show More Summary
PRESS RELEASE: Leading venture debt provider Trinity Capital Investment (Trinity) today announced results for the second quarter ended June 30, 2017. The Company committed $45 million to eight portfolio companies across multiple sectors, bringing Trinity's...
Judges across the country are throwing out collection suits against students, wiping out their debt because private lenders lost critical paperwork. Other students are suing the government for reneging on the promise to forgive student loans, while some are suing their law schools for leading them into debt without......