- The Latest Debt News and Information

This Ohio town wants to help you pay off your student debt  CNBC

Newburgh Heights, Ohio, has an offer for college graduates with student debt: Buy a house there and they'll pay off half of your loans.

Martin Lewis of MoneySavingExpert: It's time to stop the debt threats  Eastern Daily Press

Laws around debt are out of date and in need of modernisation, argues Martin Lewis of

Wiping the slate clean: is it time to reconsider debt forgiveness?  Financial Times

'Debt is still sometimes wiped out in our modern world – through bankruptcies, defaults or sovereign debt restructuring plans – but these events are aberrations, ...

Eskom’s debt is draining South African growth  Financial Times

Faced with tough choices, the government will kick the problem further down the road.

EastEnders' Danny Dyer was left in debt following £125k wedding

Danny and his wife Joanne Mas were given £125000 to spend on their wedding by Hello magazine, but it sounds like they went over budget.

Revealed: How two businessmen left a trail of insolvency and debt in the apprenticeship market  FE Week

A month-long FE Week investigation has uncovered a trail of insolvency and debt left by two businessmen, David Harper and Mark Hargreaves, who've created ...

Noble plans to push ahead with debt deal  Financial Times

Commodity trader Noble Group plans to push ahead with emergency $3.5bn debt restructuring by keeping the company private, in a blow to investors who could ...

Drug dealer paying back debt to UDA, court is told  Belfast Telegraph

A Co Antrim man has been paying back a £3,800 "drug debt" to the UDA, it was claimed at Ballymena Magistrates Court yesterday. Michael Robinson (25), of ...

IMF To Check Pak's Debt Sustainability Before Giving Loan: Top Official  NDTV News

The IMF will conduct a proper debt sustainability analysis of Pakistan before granting it any loan, a senior official has said, amid concerns that Islamabad is ...

French debt faces sell-off, widening yield gap with Germany  Financial Times

French president Emmanuel Macron's move to quell anti-government protests with tax breaks and extra money for those on the minimum wage rattled bond ...

The debt threat: Business debt, and worries about it, are up  Boston 25 News

NEW YORK (AP) - Homeowners appear to have learned the lesson of the Great Recession about not taking on too much debt. There is some concern that ...

Around 15,000 former students will have their loans canceled  CNBC

The Trump administration has announced it will cancel $150 million in debt for certain students. Some 15,000 former students whose schools closed while they ...

I got into £25,000 of debt – this is how I’m nearly out of it after three years  iNews

At this time of year, the expectation to splurge on presents and activities with loved ones is at its peak. With the pressure to spend, people can find themselves ...

Debt Worldwide Hits Record $184 Trillion, or $86,000 Per Person  Bloomberg

Global debt hit a record $184 trillion last year, equivalent to more than $86000 per person -- more than double the average per-capita income.

Martin: '100,000 attempt debt suicide each year – stop the debt threats'  MoneySavingExpert

A new report by the Money and Mental Health Policy Institute calls on the government to change out-of-date legislation which is contributing to people in ...

With Lawsuits Looming, $150 Million In Student Loan Debt Cancelled  NPR

Facing legal battles, Education Secretary Betsy DeVos canceled $150 million in student loan debt from borrowers who attended shut-down colleges.

Canadians’ household debt burden creeps higher  Financial Post

We owe nearly $1.78 in credit market debt to every $1 disposable income.

Ophir Energy Increases Debt Facility After South East Asia Asset Buys  Morningstar

LONDON (Alliance News) - Oil & gas firm Ophir Energy PLC said Wednesday it has increased and extended its debt facility after the acquisition of assets in ...

Interserve confirms debt-for-equity talks | News  Construction News

Interserve has confirmed it is in talks with its lenders regarding a debt-for-equity swap.

Nepal: first came the earthquake, then came the debt  The Guardian

Ratna Awale counts herself lucky. She and her husband, Prem, and their two sons survived the devastating 7.8-magnitude earthquake in Nepal on 25 April 2015 ...

Per-capita debt highest in provincial history — at least until next year

Newfoundland and Labrador's debt has been steadily climbing since 2012, but the annual auditor general's report notes that a dubious milestone was reached ...

6 Hacks For Reversing Sleep Debt Not getting enough sleep can wreak havoc on everything from  Bustle

Not getting enough sleep can wreak havoc on everything from your energy levels to your mood. If you haven't been getting enough sleep, you're likely feeling ...

Will paying off debt hurt my credit score?  MarketWatch

Paying off non-credit card debt early may actually make you less creditworthy, according to scoring models.

'I got into alcohol addiction and debt, but with help I turned things around’  The Guardian

Barry Deacon, 39, on how faith changed his life – and how he came to meet David Hasselhoff.

Corporate debt glossary: A look at some terms  Financial Post

NEW YORK — Business borrowing has boomed since the economy emerged from the Great Recession, and investors have been more than happy to lend to ...

Italy's debt up to 2.3344 tn in October - English  Agenzia ANSA

(ANSA) - Rome, December 14 - Italy's public debt was 2.3344 trillion euros in October, up 3.2 billion on the previous month, the Bank of Italy said on Friday.

2 Sisters food group halts decline and cuts debt by £150 million

The parent of 2 Sisters Food Group has cut debt by £150 million as it continues its efforts to turnaround the business.

Debt Bombs Ticking Across The Globe  Seeking Alpha

There are times when writing from the macro perspective can be challenging, particularly when macro takes a backseat as it is prone to do during parts of the bu.

Thomas Cook shares plunge amid fears over £389m debt mountain  The Guardian

Thomas Cook shares tumbled further on Tuesday and the cost of insuring debt issued by the travel firm against default hit a record high, despite its efforts to ...

Cabinet to consider plan to tackle municipal debt to Eskom  Business Day

Cabinet will consider a detailed implementation plan in February to reduce the large amount of money municipalities owe Eskom, and increase the power ...

Yellen and the Fed are afraid of a corporate debt bubble, but investors still aren't  CNBC

The corporate debt scaring policy experts like former Fed Chair Janet Yellen isn't throwing too much of a fright into market participants. In fact, some of them are ...

Matthew Dean resigns as council leader amid claims of legal action over £25k debt  Salisbury Journal

THE leader of Salisbury City Council has resigned, saying his role has had too much of an impact on his private life.

Dollar debt sales hit 2½-year low  Financial Times

Global reserve currency's appreciation erodes its attractiveness for bond issuers.

Fears for Pizza Express as Moody’s downgrades debt

Pizza Express is under mounting pressure from debts, rising costs and fierce competition, credit ratings agency Moody's warned as it downgraded the restaurant ...

Europe's tech startups suffer from 'diversity debt', survey finds  The Guardian

Europe's startup sector has a “shocking” lack of diversity, with 93% of all funds raised in 2018 going to all-male founding teams, according to a report by the ...

Hedge funds call in top lawyer to restructure Sudanese debt  Financial Times

A group of hedge funds has hired one of the world's most prominent sovereign debt lawyers in the hope of restructuring up to $8bn in Sudanese debt if the ...

Trump says he doesn't care about predicted US national debt explosion because ‘I won't be here’  The Independent

Donald Trump is reportedly refusing to tackle the US's spiralling national debt because he will not be in office by the time the situation is expected to reach a ...

Ethical smartphone company Fairphone raises €20 million in debt, crowdfunding, and VC financing

Dutch ethical smartphone manufacturer Fairphone has raised a total of €20 million in funding and debt over the past few months. Back in August, the company ...

Now I’m beating my debt and gambling addiction, I can enjoy Christmas  The Guardian

My extravagant present-buying was just a lie. Now I'm being honest with my family – and the payday lenders, says gambling campaigner Danny Cheetham.

Bondholders oppose Mexico airport debt restructuring  Financial Times

Holders of more than $1bn of the bonds issued to finance a new Mexico City airport that President Andrés Manuel López Obrador wants to scrap have rejected ...

Low margins and high debts are a lethal mix  Investors Chronicle

Low profit margins are a classic sign of weakness. Combining them with lots of debt is often a recipe for trouble.

SigmaRoc Buys Concrete Firm CCP, Adjusts Debt Amid Strong Results  Morningstar

LONDON (Alliance News) - Construction materials firm SigmaRoc PLC said Monday it has acquired a concrete firm for GBP15 million amid "strong" results for ...

Government's biggest contractors struggle under the weight of a £3bn debt pile  This is Money

First Carillion, now Interserve. This year has been book-ended by the implosion of two leading government contractors with the fear of more trouble to come.

Manage holiday shopping to reduce debt hangover in the new year  Times Colonist

Tips from the Credit Counselling Society of B.C. on how to manage holiday shopping: • Use cash as much as possible and try to avoid credit cards. • If using a ...

In debt we trust: the rise of art-secured lending  Art Newspaper

The rapid growth in the number of loan providers, from private banks to specialist lenders, could transform the art market's relationship with the financial markets.

China demands developed countries 'pay their debts' on climate change  The Guardian

Key sticking point at UN negotiations is how countries should account for their greenhouse gas emissions.

How Much Damage Is Debt Doing To America's Value?  Yahoo! Finance News

The total land value alone of the 48 contiguous U.S. states is roughly $23 trillion as of 2015, according to Federal Housing Finance Agency economist William ...

Third of people who run up Christmas debt 'take up to seven months to clear it'  The Irish News

NEARLY a third of people who took out debt to pay for last Christmas took up to seven months to clear what they owed, a survey has found.

Italy buys back €3.2bn of short-dated debt  Financial Times

Italy has bought back €3.2bn of its short-dated debt in a move that was financed by tapping an existing three-year bond. The Italian Treasury said in a statement ...

Auto debt in America — mapped  CNBC

A new map by the Urban Institute traces auto delinquency rates in counties across the U.S. How people fare with their auto loans varies dramatically from one ...

Jerry Brown Leaves California With $100B Train Debt, As Texas Pursues Its Own Rail Boondoggle  Forbes

California Governor-elect Gavin Newsom will have to figure out what to do with the Jerry Brown's high-speed rail project, which is now projected to cost $100 ...

Paul Ryan Leaves Behind Big Budget Deficits and Ballooning Debt  Bloomberg

Beyond failing in his goal to shrink the federal deficit, the House speaker is leaving the budget in a precarious state.

‘This debt must be settled’: IAAF extends Russia’s doping ban  The Guardian

The IAAF has extended its ban on Russia, with no clarity on whether it may be lifted before next year's athletics world championships in Qatar.

Canadians expected to pack on more debt, but manage it, in 2019: report  CityNews Vancouver

Two new debt reports reveal Canadians are deep in the red, and rising interest rates as well as a slowing economy could make you vulnerable.

Milo Yiannopoulos 'more than $2m in debt', Australian promoters claim  The Independent

Far-right activist Milo Yiannopoulos had debts totalling more than $2m (£1.6m) during 2018, according to documents put together by his former Australian tour ...

Tina Cantello: Man found guilty of debt collector murder  BBC News

Geoffrey Hutton stabbed Tina Cantello 30 times after she called to collect his loan repayment.

We need debt bonfire, says analyst | Business  The Times

Only a globally co-ordinated debt “bonfire” can save the world's leading economies from depression now that monetary and fiscal armouries are exhausted, ...

Interserve shares fall as growing debt sparks fears over its finances  The Guardian

Shares in Interserve fell 7% on Friday morning after the government contractor said debts this year would be higher than previously expected, reigniting investor ...

PIA debt crosses Rs247b  The Express Tribune

Aviation Division briefs NA on airline's fiscal health.

Former Manchester United star Dwight Yorke, 47, avoids bankruptcy after paying debt  Daily Mail

Yorke, 47, was the subject of a bankruptcy petition from HM Revenue & Customs (HMRC) and a court hearing in October heard the former Manchester United ...

Cut in debt boosts Scottish Investment Trust performance  FT Adviser

A decision to eliminate debt boosted the performance of the 1 4bn Scottish Investment Trust in the year to October 31.

Task team to deal with Eskom debt needs to move very fast - expert  702

Business Unity SA, Martin Kingston says there is no time to wast on dealing with problems at Eskom as it is an essential institution.

Wayne Pivac: Scarlets hoping to 'repay the debt' against Ulster  BBC Sport

Scarlets head coach Wayne Pivac says he hopes to get revenge over Ulster when the sides meet again the next week.

'Chicken king' supplier Boparan in £250 million debt row  Evening Standard

Chicken supplier 2Sisters is facing renewed City pressure over plans to exclude a group of lenders from a £250 million debt repayment. The row is the latest ...

Christmas Miracle: Bank Pays Off Single Mom’s $150,000 Student Loan Debt  The Root

There really is a Santa Claus and his real, government name is Fifth Third Bank. On Wednesday, the Ohio-based bank surprised Jasmin Ford, a 30-year-old ...

UW-Green Bay student pays off student debt before graduation  WSAW

According to statistics, the average college graduate is leaving school with a student loan debt of nearly $40000. But thanks to determination and hard work, ...

The Student Debt Crisis, and the FIRE Movement Daily

Youngme, Felix, and Mihir discuss staggering student debt levels, the FIRE (Financial Independence, Retire Early) Movement, and share their After Hours picks ...

'My husband ran up a £58,000 debt in my name'  BBC News

When she had her first baby, just before she turned 29, Annie had been married for eight years, managed 19 staff, and earned more than her husband.

Former Fed Chair Yellen says excessive corporate debt could prolong a downturn  CNBC

Former Federal Reserve Chair Janet Yellen is worried about excessive leveraged lending and the high level of corporate debt across Wall Street.

MBA: Commercial, multifamily mortgage debt just hit an all-time high  HousingWire

Given that commercial and multifamily mortgage originations are expected to hit a record high this year, it probably shouldn't come as a shock that there's more ...

Thomas Cook shares climb despite market debt worries  Financial Times

Holiday group Thomas Cook appeared on track for its first day of gains in over a week on Wednesday, despite disagreement over the extent of the tour ...

'He owed money for a debt...' - Here's why this thief went shoplifting in Tesco  Stoke-on-Trent Live

Defendant walked out without paying for electronic shavers and aftershave.

LETTER: Trump - the Wall And the national debt - News  Santa Rosa Press Gazette

Dear editor,I think the campaign promise was that Mexico was going to pay for the Wall, and if they kept complaining about it, the Wall will be 10 feet higher than ...

Mum-of-three trapped by £8,355 high cost credit debt and poverty premium  The Sun

Lis Vernalls, 43, says she's unable to get out of debt due to the 'poverty premium', which sees the lowest paid having to stump up more for bills, credit and other ...

S&P, Fitch downgrade Sri Lanka’s debt rating amid political crisis  Financial Times

Sri Lanka was downgraded by two major rating agencies on Tuesday, in the latest blow to the cash-strapped country as it grapples with ongoing political turmoil.

Woyome's Anator Holding firm huge beneficiary of Judgment debt – Government  GhanaWeb

A company said to be owned by businessman, Alfred Woyome, Anator Holding Limited, has been cited by the state as being a major beneficiary of the GHc 51 ...

Martin Lewis: Trapped by debt? Money Saving Expert reveals top tip to solve debt problems  Express

MARTIN LEWIS, Money Saving Expert, is advising people swamped with debt how to manage their financial issues, including how to deal with debt collectors, ...

Kier launches £264m rights issue to cut debt  Inside Housing

Social housing contractor Kier has launched a £264m rights issue in a bid to raise cash to pay off the company's growing debt pile. Linked In Twitter Facebook ...

Tesla Sells $837 Million of Auto-Lease Bonds  The Wall Street Journal

A sale of car-lease debt from Tesla is the latest test for the electric car-maker after surviving high-profile missteps to achieve a record quarterly profit.

Chinese loans leave Sri Lanka with crippling debt burden  Channel 4 News

In the latest of our reports from Sri Lanka, where a constitutional crisis has pitted two rival politicians in a battle to be PM, one contender leans towards India, the ...

Having a holiday financial plan can help to minimize further debt, expert says

Christmas is often referred to as the season of giving but for Islanders experiencing debt it can lead to worsening their financial situation.

How to avoid running up a debt this Christmas  Falmouth Packet

Citizens Advice Cornwall has released a Christmas list of 12 tips to help people avoid pressure on their household budgets.

Political tensions spill over into global debt markets  Financial Times

Rising geopolitical tensions are increasingly playing out in the global debt markets. Russia's launch this week of the sale of a euro-denominated bond is just the ...

Be afraid — there’s serious debt piling up around the globe again  Evening Standard

If you thought the 2008 global financial crisis was a story about excessive debt, today you might be feeling a little nervous. There's even more debt sloshing ...

The U.S. debt is a big problem and these Mesa college students want a fix  AZCentral

Students at Mesa Community College and elsewhere are trying to tackle one of the nation's thorniest problems, the national debt.

UK student debt sales make little economic sense  Financial Times

A UK parliament committee's report on the privatisation of student debt last week attacked the government's “ short-sighted approach”. This may be an ...

Debt worries force tough choices - Your Money  Your Money

Many households are so weighed down with debt, they don't believe they will ever pay it off.

Evergrande: China’s biggest property developer faces debt crunch  Financial Times

A “frigid winter” is coming to China's property market, and investors are wondering if the country's largest developer will be caught out in the cold.

I want to marry my boyfriend, but he has $25,000 in credit-card debt and leads a financially reckless lifestyle  MarketWatch

This woman feels caught between her love for her boyfriend and his love for buying stuff on credit.

Balfour Beatty pays off £250m debt | News  Construction News

Balfour Beatty has paid off a £253m convertible bond in a move that sees its debts reduce by almost half (45 per cent) for the last 12 months.

Debt, relationship breakup and bullying top mental health concerns  The HR Director Magazine

Many mental health issues have a dynamic nature; every employee has different levels of mental health at any given time.

No IMF money to Pakistan to repay Chinese debt: US  Times of India

International Business News: Pakistan is seeking $8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis ...

House rich and money poor: Deal with your debt, you've been warned  Yahoo Sports

House rich and money poor Canadians are once again being urged to rein in their debt. The latest warning comes from Canada Mortgage and Housing ...

Credit boom: Private equity bounces back on cheap debt bubble  Financial Times

Private equity dealmakers are riding high on a wave of cheap debt, pushing buyout values to levels not seen since the financial crisis. The deals may not yet be ...

Pupils from Maranatha Christian School pack Christmas hampers for families in debt  Swindon Advertiser

PUPILS helped to pack emergency hampers yesterday for families struggling with debt over Christmas.

Investors pull $6bn from corporate debt funds  Financial Times

Investors pulled almost $6bn out of corporate bond funds in the past week, in the latest sign of nervousness about companies' global debt pile in an environment ...

Insolvency Service grants 250000 Debt Relief Order  GOV.UK

November 2018 saw the Insolvency *Service* grant its 250000 Debt Relief Order, providing a low cost debt relief solution to a quarter of a million people.

Govt plans brand overhaul to revive debt-laden Air India  Business Today

A four-pronged strategy is reportedly on the anvil to revive the state-owned Air India, complete with a brand overhaul and motivation for the workforce.

Amy Lowell: Ted Hughes and DH Lawrence 'owe unacknowledged debt' to 'uncelebrated' poet  The Guardian

Paper claims Lowell's earlier writings can be seen in Hughes's poem Pike and Lawrence's The Rainbow, but her gender and sexuality made her unpopular.