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Best-Kept Secrets Of Student Loan Borrowing - Huffington Post

2012-05-18

Best-Kept Secrets Of Student Loan Borrowing
Huffington Post
There are lots of schools where you can actually come away with little or no debt," she said. Think of federal loans as a form of financial aid. "They come with all of these repayment options and borrower protections that private loans and other ...

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Payday loan borrowers 'trapped in debt spiral' - The Guardian

2012-05-18

The Guardian

Payday loan borrowers 'trapped in debt spiral'
The Guardian
Which? said the debt trap was compounded with 57% of borrowers being encouraged to take out further loans, and 45% rolling over their loans at least once. Borrowers are usually required to pay the outstanding interest before a loan is rolled over, ...
Payday loans trapping consumers in a downward spiral of debtTelegraph.co.uk
Payday loans trapping consumers into a 'downward spiral of debt' Which? saysThis is Money
Which? research exposes payday loan failingsMyIntroducer.com

all 61 news articles »

You can find a reliable car and not go into debt - HeraldNet

2012-05-20

You can find a reliable car and not go into debt
HeraldNet
By Michelle Singletary I have to say this because there are a lot of people who have just accepted that borrowing for a vehicle is the only way to get one. But think of the money you can save if you pay cash for your car and hold on to it for as long ...

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European Debt Insurance Costs Rise Ahead Of Spanish Auction - Wall Street Journal

2012-05-17

European Debt Insurance Costs Rise Ahead Of Spanish Auction
Wall Street Journal
Credit default swaps are derivatives that function like a default insurance contract for debt. If a borrower defaults, sellers compensate buyers. The iTraxx Europe index, which comprises 125 high-grade borrowers, 25 of which are banks and insurers, ...

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Spanish Debt Insurance Costs Hit New High - Wall Street Journal

2012-05-18

BBC News

Spanish Debt Insurance Costs Hit New High
Wall Street Journal
Its CDS contract spread rose five basis points wider to 103 basis points. Credit default swaps are derivatives that function like an insurance contract for debt. If a borrower defaults, sellers compensate buyers. This copy is for your personal, ...
Spanish Bank Debt Insurance Costs Rise To Records - MarkitFox Business
German Bond Yields Fall to Record After Spanish Bank DowngradesBloomberg

all 1,893 news articles »

Special programs to reduce principal on mortgages are attracting praise ... - Florida Times-Union

2012-05-20

PBS

Special programs to reduce principal on mortgages are attracting praise ...
Florida Times-Union
A borrower in that situation could receive a principal write-down of up to $100000, while their neighbor, who has made mortgage payments on time but who is also deeply underwater, receives no debt reduction. About 30 percent, or more than 2 million, ...
Borrowers' full disclosure is keyColumbia Daily Tribune

all 14 news articles »

Fitch Rates Massachusetts Water Pollution Abatement Trust Pool Program's ... - MarketWatch (press release)

2012-05-18

Fitch Rates Massachusetts Water Pollution Abatement Trust Pool Program's ...
MarketWatch (press release)
Outstanding pool program bonds are secured by borrower loan repayments, CAP, debt service reserve funds, interest earnings from the reserve funds and deallocated reserves deposited into the deficiency fund. In addition, the outstanding series 15A, ...

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Fitch Rates Rhode Island's $34MM Drinking Water Rev SRFs 'AAA'; Outlook Stable - MarketWatch (press release)

2012-05-18

Fitch Rates Rhode Island's $34MM Drinking Water Rev SRFs 'AAA'; Outlook Stable
MarketWatch (press release)
The series 2012A and outstanding senior lien bonds are secured by borrower loan repayments, debt service reserve funds, interest earnings from the reserve funds and deallocated reserves. STRONG PROGRAM ENHANCEMENT: Rhode Island's DWSRF SRF program ...

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Community Banks Cite Borrower Debt Payoff for Loan Shrinkage - Credit Union Times

2012-05-17

Community Banks Cite Borrower Debt Payoff for Loan Shrinkage
Credit Union Times
One of the reasons for the drop may be borrowers continuing to deleverage and pay down debts, said SNL Financial, a financial services data tracking firm. Aggressive competition to woo top borrowers has also caused some conservative community banks to ...

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Taxpayers Fund $454000 Pay for Collector Chasing Student Loans - Bloomberg

2012-05-15

Bloomberg

Taxpayers Fund $454000 Pay for Collector Chasing Student Loans
Bloomberg
ECMC's debt collectors earn bonuses as a reward for extracting money from defaulted borrowers. In 2010, the bonuses for top performers amounted to as much as 10 times their base salaries, which ranged from about $33000 to $46000, according to the ...

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Kexim Prices Biggest-Ever Samurai Bond From Korean Borrower

2012-05-17
Export-Import Bank of Korea sold 100 billion yen ($1.2 billion) of Samurai bonds, a record offering of such notes from a Korean borrower.

Youth Radio -- Youth Media International: Best-Kept Secrets Of Student Loan Borrowing

2012-05-18
By: Robyn Gee Story after story about college students graduating with mountains of debt permeate the news every day. Headlines like, “A Generation Hobbled by...

TransUnion: National Credit Card Delinquency Rate Ticks Down, Reversing Two-Quarter Trend

2012-05-16
CHICAGO, IL-- - The national credit card delinquency rate dropped to 0.73% in Q1 2012 from 0.78% Q4 2011, with current levels well below historical norms. Average credit card debt per borrower decreased ...

Iowans have lowest average credit card debt, low delinquency rate

2012-05-17
When it comes to handling their credit cards, few Iowans are delinquent with their payments and the state has the lowest average “plastic” debt. Chicago-based TransUnion said 0.48 percent of Iowa credit card holders were 90 days or more past duw on their monthly payments in the first quarter. Only North Dakota cardholders at 0.33 [...]

Student-loan debt collection criticized in report

2012-05-07
The U.S. Education Department must step up its oversight of private student-loan debt collectors, improving the tracking of borrower complaints and changing its commission system to reward customer service, a report...

Creative ways to overcome student debt

2012-05-13
There's many available student debt repayment options and strategies, such as student loan initiatives and loan consolidation plans.

Spanish Bank Debt Insurance Costs Rise To Records - Markit

2012-05-18
The cost of insuring the debt of two major Spanish banks against default was at record highs Friday, reflecting the reinforced worries spurred on by the downgrade by Moody's Investors Service Inc. of 16 lenders in the country.

Exports, jobs, stocks and property at stake

2012-05-17
What exactly is a 'disorderly debt default' in Europe and how would it affect Singapore? Basically, a debt default occurs when a borrower - who may have issued bonds or taken loans - cannot pay creditors back on time. Related Stories Yaw to Hougang voters: Please support the WP's candidate Airforce technician fined $1,400 for pushing teacher World's top 2 shuttlers not competing in Li-Ning ...

An Educated Borrower is a Smart Borrower

2012-04-26
CHICAGO, April 26, 2012 /PRNewswire/ -- At some point, most everyone will need to borrow money, whether it's for school, a car, a home, a business, or to meet daily expenses during a personal financial ...

Payday loans trapping consumers in a downward spiral of debt

2012-05-18
A third of people experienced greater financial problems as a result of taking out a payday loan, according to Which?