Europe's debt crisis set to dominate G20 talks

MEXICO CITY (Reuters) - Europe's debt crisis will dominate talks between Group of 20 (G20) policymakers this weekend as the rest of the world looks for pledges that the euro zone will boost its crisis safety net. Advanced and developing nations alike are keen for reassurances that the European Union will do whatever it takes to limit fallout from the crisis and convincing answers could help ...

Do debt management plans hurt your credit score?

With $35,000 in debt, a couple decided to get help by entering into a debt management plan. But they worry how a DMP will impact their credit scores and future purchasing power

Help! Our debt is crippling us

Q. We have incurred a debt to the ATO of more than $100,000. The interest is making it nearly impossible to pay off.

Greece needs more help to hit debt target: report

SYDNEY (MarketWatch) -- A report prepared for Greece's institutional lenders indicated that Greece will need extra help to achieve its 120% debt-to-GDP target by 2020, Reuters reported Tuesday. To reach the target, Greece will require more support from the private sector as well as official sector support, according to Reuters. The report for the lenders has as a baseline scenario that Greece ...

"Sergeant Debt" Drill Instructor Video Teaches Basics of Financial Literacy

ORLANDO, Fla., Feb. 22, 2012 /PRNewswire/ -- Developing the discipline to create an emergency fund "is mission critical to your financial security," says Sergeant Debt, the larger-than-life fictional ...

Exclusive: Greek debt load may get heavier, euro zone study says

BRUSSELS (Reuters) - Greece will need additional relief if it is to cut its debts to 120 percent of GDP by 2020 and if it doesn't follow through on structural reforms and other measures, its debt could hit 160 percent by 2020, a confidential analysis conducted by the IMF, European Central Bank and European Commission shows. The baseline scenario in the 9-page report, obtained exclusively by ...

In Greece, debt deal gets a mixed reception

Greeks were torn between relief and foreboding on the news Tuesday that their country has received a new massive bailout — while the aid will protect them from a calamitous default and keep them in the euro bloc, it will also cost households years of economic hardship.

Greece to get $170B bailout, reduce debt

After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece euro130 billion ($170 billion) in additional bailout loans to save it from a potentially ...

Greeks offer mixed response to new debt deal

News of the bailout was offset by the reality of 24 months of austerity measures that have contributed to record high unemployment and a rapidly contracting economy.

Student loans are a ticking 'debt bomb'

It’s a vicious cycle. Many families in this country cannot afford the skyrocketing cost of higher education without student loans. But many graduates can't find a job to pay off the loans.