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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.

How long can delinquent credit card debt be collected?

The timeline for collecting late credit card debt may surprise you. Here's how long debt collectors can pursue it.

How to have your credit card debt forgiven this November

Need to have your credit card debt forgiven? There are a few ways to pursue this type of debt relief now.

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

3 important credit card debt relief moves to make this November

Dealing with credit card debt issues? You may want to take these steps toward debt relief this month.

7 credit card fees that increase the cost of your debt

Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.

Can a 10-year-old credit card debt still be collected?

It's common for debt collectors to pursue old debts, but do you still owe the money? Here's what to know.

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

Can a 7-year-old credit card debt still be collected?

Credit card debt this old could still be collected on — but only in certain circumstances. Here's what to know.

What happens when a credit card charge-off is sold to a debt collector?

Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.

Should I pay credit card debt that has been written off?

Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.

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

Here's how your credit card debt can become uncollectible

If you're behind on your payments or are curious about your rights regarding old debt, here's what to know.

How to get rid of credit card debt without ruining your credit

You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.

Credit card debt among retirees jumps — 'It's alarming,' researcher says

There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.

Business - CNBC - November 11

Here's how to qualify for credit card debt forgiveness before 2025

Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.

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

What are the best ways to get rid of credit card debt in retirement?

New research shows that retirees' credit card debt is growing. Here's how you can tackle yours now.

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.

5 surprising credit card debt consolidation benefits to know

Drowning in credit card debt? Consolidation does more than you might think.

3 important things to know if your credit card debt goes to collections

If your credit card debt is delinquent and is now in the hands of a debt collector, here's what to know.

Will enrolling in a credit card debt management program hurt your credit?

Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?

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 - 3 days ago

How to fight the silent debt crisis engulfing the global south

Multilateral institutions must help these countries find the money to stave off climate change

World - Financial Times - 3 days ago

Is debt forgiveness a good option right now? Here's what experts say

If you're deep in debt, pursuing this type of relief may be an option — but it won't make sense for everyone.

5 ways to tackle your credit card debt before the holidays

These useful tips can help you deal with your lingering debt issues before the holiday season arrives.

Biden makes moves to cancel Ukraine’s debts ahead of Trump’s inauguration

The Biden administration is seeking to cancel $4.65 billion worth of debts owed to the U.S. by Ukraine ahead of Donald Trump’s inauguration on January 20 2025.

Business - MarketWatch - 2 days ago

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