Card Debt Consolidation

Want to have your credit card debt forgiven? Avoid these 3 costly mistakes

If you want to settle your credit card debt for less than what you owe, make sure to avoid these big mistakes.

Can you use a 401(k) hardship loan to pay off credit card debt?

You could pay off your credit card debt with your retirement funds, but there are likely better options.

Kent State football coach Kenni Burns taken to court for unpaid $24K credit card debt

Burns makes nearly $500K annually and is in his second year as Golden Flashes head coach

Sports - CBS Sports - November 20

3 ways to have your credit card debt forgiven in the final weeks of 2024

Don't let your high-rate credit card debt follow you into the new year. Take steps to have it forgiven now instead.

What legal actions can creditors take if you don't pay your credit card debt?

The legal consequences that can come with unpaid credit card debt could have a big impact on your finances.

Reeves to force council pensions to consolidate into 8 ‘megafunds’

Chancellor to target minimum size for multiemployer defined contribution schemes of £25bn to £50bn

Business - Financial Times - November 13

UniCredit’s journey from foreign predator to domestic consolidator

Two months ago Andrea Orcel swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM

Business - Financial Times - Yesterday

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.

Business - MarketWatch - November 13

People's incomes are catching up with their debt

Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than pre-pandemic and delinquencies are slowing.

Oil prices settle higher but stay on track for a weekly loss

Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...

Business - MarketWatch - November 14

10-year Treasury yield ends at nearly 2-week low amid near-term consolidation

Yields on U.S. government debt finished mostly lower on a lack of major market-moving data on Monday, as market participants weighed the prospects for near-term consolidation in the bond market.

Business - MarketWatch - November 18

3 reasons to consider debt relief this November

Not sure if your situation warrants the help of a debt relief servicer? Here are three timely reasons why it may.

‘Positive’ medical debt credit reporting is a Trojan horse

Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.

Politics - The Hill - November 6

Trump is the right president to finally tackle the national debt

Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.

Politics - The Hill - November 7

Most Americans expect Trump to increase debt: Survey

A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 percent of ...

Politics - The Hill - November 8

Most Americans Expect Trump to Increase National Debt

A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.

Business - Inc. - November 8

Struggling With Debt? Bankruptcy Can Provide a Second Chance.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

Business - The New York Times - November 9

National Debt Could Hamper Trump’s Plans for the Economy

Trump has tax cuts and tariffs on the docket, but the federal government’s debt could limit his goals.

Business - Inc. - 2 days ago

Relax Germany’s debt brake, says Angela Merkel

Former chancellor’s memoirs back reform of borrowing cap that she introduced into constitution

World - Financial Times - 2 days ago

Pokémon Cards Are Back—No Binders Needed

Pokémon Trading Card Game Pocket reinvents the gacha game for a Pikachu-loving audience. It’s attracted millions of players—and more than a little controversy.

Tech - Wired - November 19

Former British colonies owe ‘debt of gratitude’, says Robert Jenrick

Tory leadership candidate wades into reparations debate, arguing empire brought democratic institutions. UK politics live – latest updates Britain’s former colonies should be thankful for the ...

World - The Guardian - October 29

S&P downgrades Thames Water debt further into ‘junk’ territory

Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financing

Business - Financial Times - October 29

They're middle class and insured, yet childbirth left them with crippling debt

Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.

Poor nations are choking on debt — we must grasp the solutions

Political instability and meagre investment hobble large parts of the world

Business - Financial Times - November 1

Southern Water at risk of debt default in event of further credit downgrades

Bond issue documentation shows UK utility under pressure over high financing costs

Business - Financial Times - November 5

US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement

Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt. Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be ...

World - The Guardian - November 6

What will happen to the U.S. dollar, deficit and debt under Trump? Watch gold.

Gold’s performance may offer hints on what will happen to the U.S. dollar, and how the U.S. deficit and debt story will play out, as incoming U.S. President Donald Trump takes office, analysts say.

Business - MarketWatch - November 8

China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures

Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.

World - The Wall Street Journal - November 8

China unveils 10tn yuan support for debt-stricken local government

Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...

World - The Guardian - November 8

Germany's Merz open to reforming debt brake on government spending

World - Yahoo News - November 13

Everyday Americans Keep Racking up Debt and Missing Payments

Economic pain is weighing on consumers as delinquency rates and household debt rise.

Business - Inc. - November 14

Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt

Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”

World - ABC News - November 15

Spirit Airlines files for bankruptcy following mounting debt and a failed merger

Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull.

ECB warns low growth and high debt risk Eurozone crisis

Central bank report sounds alarm on potential concerns over ‘sovereign debt sustainability’

Business - Financial Times - November 20

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