Cemex SAB, the largest cement maker in the Americas, is selling the most debt overseas this year by a Mexican company to repay bank loans even as its borrowing costs climb to an almost six-month high. View full post on All Stories
The eurozone has been grappling with Greece’s financial trouble for more than a year. But after billions worth of loans, recovery prospects are grimmer than ever. View full post on All Stories
Higher Education Minister Blade Nzimande has announced measures to ease the financial burden on students who take out loans. View full post on All Stories
Chrysler plans to pay back $7.5 billion worth of high-interest bailout loans to the U.S. and Canadian governments on Tuesday. View full post on All Stories
Tim Pearson, Haley’s top aide, said her proposal would issue revenue bonds to help pay $972 million in federal loans that kept the state’s jobless receiving benefits amid chronically high unemployment and the economic downturn. View full post on All Stories
It’s an anniversary few are celebrating. A year ago Saturday, with its faltering economy days away from bankruptcy, Greece ended months of speculation and requested bailout loans. View full post on All Stories
Easy availability of unsecured loans has influenced the spending habits of people in United Kingdom. In the past, instead of spending the money under the limits, people spent their income to get more comforts in life. Even, people borrowed money at high interest rate from banks and financial institutions. As a result, people have fallen [...]
WASHINGTON, Feb. 5 (UPI) — The United States’ $1.5 trillion budget deficit is leading the country to possibly defaulting on its loans, Rep. Jeb Hensarling, R-Texas, said Saturday. View full post on All Stories
Reforms are needed to protect consumers from being unfairly hounded by debt collectors View full post on Consumer Protection Stories
Ratings agency Standard & Poor’s cut its credit grade for Ireland on Wednesday and warned it could fall further because of doubts about the true scale of defaulting loans yet to surface in the country’s largely state-owned banks. View full post on All Stories
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