Latest in Debt Floods
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‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?
“We own a house together through a joint trust, but our bank accounts and credit cards are all held separately.”MarketWatch - 9m -
Chicken wing and Shakira-backed debt floods Wall Street
Plus, Evergrande’s liquidators go after a private jet and an $800bn asset manager prepares to sue over Credit Suisse debt wipeoutFinancial Times - 1d -
Carer's Allowance overpayment debt rises to £250m
Some carers have been forced to pay back thousands of pounds, leaving many in financial hardship.BBC News - 1d -
Former England rugby star feared dead in flood during Storm Darragh
Northumbria Police says a search is continuing where Tom Voyce's car was found near Alnwick.BBC News - 1d -
What are the fastest ways to get rid of $5,000 in credit card debt?
If you've racked up $5,000 in credit card debt, these strategies can help you tackle it faster than you'd expect.CBS News - 1d -
FirstFT: Man charged with murder of healthcare executive
Also in today’s newsletter, Lula in intensive care, and Wall Street’s ‘Merger Monday’Financial Times - 1d -
Search for missing man near ford flooded in storm
Northumbria Police says searches continue after reports of concern for welfare of a man in his 40s.BBC News - 2d -
Wall Street’s complex debt bonanza hits fastest pace since 2007
Banks sell bonds backed by revenues from chicken wings, music catalogues and oil wellsFinancial Times - 2d -
AllianceBernstein to sue Switzerland over $17bn Credit Suisse debt wipeout
US asset manager will join case over decision when UBS took over struggling rivalFinancial Times - 2d -
Pimco cuts exposure to long-dated US debt as deficits swell
Decisions by the world’s biggest active bond fund manager have potential to trigger valuation changes across marketsFinancial Times - 2d -
4 reasons to pursue credit card debt forgiveness this December
There are multiple reasons why you may want to pursue credit card debt forgiveness now. Here are four to know.CBS News - 2d -
7 reasons to consolidate your credit card debt this holiday season
If you're trying to get rid of high-rate credit card debt, consolidation could be a smart move right now.CBS News - 5d -
Ivory Coast turns to World Bank to replace costly debt
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdensFinancial Times - 5d -
Can I still use my credit card after debt consolidation?
You may be able to use your credit cards after consolidating, but that isn't always the best financial move.CBS News - 6d -
Town hit by Storm Bert flooding still recovering
Chippenham was heavily flooded when the River Avon burst its banks, submerging the town centre.Yahoo Sports - Dec. 5 -
Powell's debt warning
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell warns US on 'unsustainable' path Federal Reserve Chair Jerome Powell ...The Hill - Dec. 4 -
3 credit card debt relief strategies to consider for 2025
If you want to break the credit card debt cycle in the new year, these strategies could come in handy.CBS News - Dec. 4 -
BNPL Fuels Black Friday Weekend Buying, and Risks of Spiking Debt
Buy Now Pay Later companies processed over $9 billion worth of purchases on Cyber Monday alone, as consumers increasingly used deferred payment options on their credit cards.Inc. - Dec. 4 -
How to keep your credit card debt low during the holidays
Swiping that plastic can be tempting when shopping over the holidays. Here's how to avoid it.CBS News - Dec. 4 -
Bundesbank chief calls for softer debt brake to increase investment
German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfallsFinancial Times - Dec. 4 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
What credit card debt relief options work best with bad credit?
A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.CBS News - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
3 reasons to consider credit card debt forgiveness this December
This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.CBS News - Dec. 2