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Debt Consolidation, Negotiation, or Elimination: Which Should You Choose?
As of the first quarter in 2017, American household debt topped $12 trillion. The main contributors to this debt are home mortgages, auto and student loans, plus credit card debt. With mounting debt and the lowest savings rate since 2005 of only 1.9 ...


How this couple paid off $200,000 of debt in 2 years - May. 26, 2017
Having $200000 in debt can seem overwhelming. But this couple got real serious to pay it down in 26 months. Here's how they did it.

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China has a huge debt problem. How bad is it?
That spending spree has resulted in a domestic debt hangover, particularly among some of the country's bloated and inefficient state-owned companies. Corporate debt in China soared to around 170% of GDP in 2016, roughly double the average of other ...
Why China's Growing Debt Load Worries the WorldNew York Times
China's Downgrade Could Lead to a Mountain of DebtBloomberg
China's debt mountain: Should we worry?BBC News
USA TODAY -Reuters -Barron's
all 584 news articles »

New York Times

China's Addiction to Debt Now Threatens Its Growth
New York Times
A major credit rating agency sounded the alarm on Wednesday, saying the steady buildup of debt would erode China's financial strength in the years ahead. The agency, Moody's Investors Service, cut the country's debt rating, its first downgrade for the ...

The Hill (blog)

Ask Brianna: Should I pick my first job based on my debt?
Akron Beacon Journal
You are not the first, though, to read every job description with student debt on the brain. In a 2015 survey of student loan borrowers by the education nonprofit American Student Assistance, more than half of respondents said they took a higher-paying ...
Congress must address student loan debt crisis, a national economic dragThe Hill (blog)
Feds halt alleged student loan debt relief scamKSDK
Counting on Student Loan Forgiveness? Don't Bet on ItBloomberg
PR Newswire (press release) -Consumer Financial Protection Bureau
all 42 news articles »

Puerto Rico governor is searching for 'clarity' on $74B debt
New York Post
As Puerto Rico sought bankruptcy-like relief for its $74 billion debt load on May 3, the hedgies that own some of that debt filed lawsuits one day before to determine who gets paid first. “The initial problem is that there was really never clarity on ...


China's reforms not enough to arrest mounting debt: Moody's
The comments came two days after Moody's downgraded China's sovereign ratings by one notch to A1, saying it expects the financial strength of the world's second-largest economy to erode in coming years as growth slows and debt continues to mount.
Why China's Rise Is Built on Debt (And the Bill Keeps Getting Bigger)The National Interest Online
China's State Media Hits Out at Debt Downgrade With a Buffett QuoteBloomberg
China risks another downgrade if debt bubble not fixed, says Moody'sThe Guardian

all 146 news articles »


Debt ceiling could be hit this summer: Sources
The White House is starting to warn that the U.S. government could reach its borrowing limit late this summer -- sooner than previously expected. Senior administration staff delivered the message to conservative groups this week. The CBO had previously ...
Timeline Tightens on the Debt
Ryan: Lawmakers will meet new debt deadlineNews Chief
Congress faces debt limit vote sooner than expected as revenue slowsUSA TODAY
Roll Call -Politico
all 39 news articles »

Will Wedding Season Drive You Into Debt?
If you charge their collective $2,400 cost of attendance on a credit card with 20% interest, and it takes you a solid two years to pay off that debt, you'll wind up spending roughly $530 extra. Or, to put it another way, you'll wind up adding over $175 ...

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A man who paid off $116000 to become debt-free by 30 shares his strategy
Derek Sall speaks from experience when it comes to paying off debt: He conquered more than $100,000 worth of loans by the time he turned 30, and he did it not with a windfall but with a spreadsheet. Sall, who chronicles his financial journey on his ...

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