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BBC News

Debt fears for poorer households
BBC News
A third of the lowest-income households in Britain have loans and credit card debts that outstrip the assets they hold, research has found. This debt can become a problem to repay, even if the total amount borrowed is relatively low. The Institute for ...
Quarter of UK's poorest households are getting deeper in debt, IFS warnsThe Guardian
The debt epidemic that's striking those least able to recover - and the steps to get you closer to safetyMirror.co.uk
Britain's debt nightmare: Report paints picture of low income Britons pushed to the limitThe Independent

all 13 news articles »


Bloomberg

Goldman Sachs Finishes Tough Year With New Low in Debt Trading
Bloomberg
A rough 2017 got even worse for Goldman Sachs Group Inc. in the final three months. Fourth-quarter revenue from fixed-income trading tumbled 50 percent, with revenue falling to the lowest level since the financial crisis. The last three months also ...

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africanews

Nigeria expects $700mn from foreign sources says debt management office
africanews
The debt office said the country raised 1.254 trillion naira from the domestic debt market last year and released around the same amount for capital projects over six months due to delays in implementing the budget. The DMO expects more capital release ...

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Business Insider

IFS: Debt piling up in poorest UK households - Business Insider
Business Insider
Most of Britain's consumer debt pile is manageable, but poor households falling behind on bills and debt repayment represent a growing cause for concern.

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The Hill

Congress should vote down this harmful debt collection legislation
The Hill
Alexander Mooney (R-W.Va.), aims to do. The bill would exempt attorneys and “law firms” engaged in litigation activity from the federal Fair Debt Collection Practices Act (FDCPA). Consumers would lose their FDCPA protections against abusive litigation ...

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The News Record

Student loan debt close to reaching $1.5 trillion
The News Record
American student loan debt — a rapidly growing federal burden — is on the verge of eclipsing $1.5 trillion. An estimated 44.2 million Americans have one or more student loans on file. It is the largest financial asset on the federal government's ...



South China Morning Post

China must bring household debt under control, banking regulator says
South China Morning Post
China's banking watchdog has publicly acknowledged that household debt levels are becoming a cause for concern. In an interview published in Monday's People's Daily, the official mouthpiece of the ruling Communist Party, Guo Shuqing, chairman of the ...

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Betty Arenson: Debt ambiguity
Santa Clarita Valley Signal
The content of “Short-term gain, long-term drain,” in The Signal's Jan. 9 issue was duplicitous. The recent madcap mantra from the left is that Trump's success with the economy is just the afterglow of Obama. Under Obama, America was told to expect a 2 ...



The Week Magazine

5 tips for dealing with leftover holiday debt
The Week Magazine
Santa was not so kind to your friends and relatives this year, so you felt the need to fill the gap. You overspent on holiday gifts, and now you are stuck with a significant amount of holiday debt. Gratitude from gift recipients is a great feeling, but ...



GE reckons with a large debt from an old business - Marketplace
Marketplace.org
Marketplace® is your liaison between economics and life. Noted for timely, relevant and accessible coverage of business news across both audio and digital platforms, Marketplace programs are heard by more than 14 million weekly listeners. This makes ...

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Google News