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This is how much debt can sabotage your retirement
MarketWatch
According to a 2017 study by Experian, EXPN, +0.45% boomers have an average of $188,828 in mortgage debt and $27,513 in nonmortgage debt. Generation Xers, now entering their 50s, have even higher balances — including $231,774 in mortgage debt ...

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USA TODAY

How do I get out of $50000 in credit card debt: personal loan or repayment plan?
USA TODAY
For different reasons over a long period of time — including unemployment and health issues — I accumulated credit card debt of about $50,000. I intend to take out an unsecured personal loan, but I don't want it to have a negative impact on my credit ...

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Bloomberg

Trump's Trade War May Spark a Chinese Debt Crisis
Bloomberg
There's no chance China will cut its trade surplus with the U.S. in response to President Donald Trump's tariff threats. For starters, Washington has made no specific demand to which Beijing can respond. But its efforts may have an unexpected side ...

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Washington Post

Should you build rainy day savings or pay off debt?
Washington Post
You only have so much money. So you may be struggling over whether it's better to save it for an emergency or pay off debt. This decision can send some people into financial paralysis. They aren't sure what to do, so they don't fully commit to either ...



Piedmont leaders consider refinancing nursing home debt
Anniston Star
By the city agreeing to refinance the Piedmont Health Care Center's debt, there would be more money to add 12 private rooms, a rehabilitation gym and other amenities, helping make the facility more competitive. Also, with lower payments, the nursing ...



The Columbus Dispatch

Ad Watch: O'Connor bashes Balderson on tax cuts, but ignores debt fix
The Columbus Dispatch
Troy Balderson supports a corporate tax giveaway that racks up $2 trillion in debt, forcing massive tax hikes on our kids or deep cuts to Social Security and Medicare. Now Balderson goes further saying, 'I have no problems raising the retirement age.

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Student Loan Hero (blog)

Applying for a debt consolidation loan
Student Loan Hero (blog)
As a personal finance writer, I talk to people all the time about strategies they use to pay off their debt faster. One of the most common approaches I hear is to apply for a debt consolidation loan to get rid of credit card debt ahead of schedule ...

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The Business of Fashion

Macy's and Kohl's Debt Strengthened on Prime Day
The Business of Fashion
The strength in debt from traditional retailers this week extends the securities' gains over the last 12 months. Macy's 3.625 percent notes maturing in June 2024 have gained 7.9 percent including price appreciation and interest, while the Bloomberg ...



Nasdaq

ECB bets, growth worries boost long-dated German debt
Nasdaq
By Abhinav Ramnarayan. LONDON, July 18 (Reuters) - The premium investors demand to hold Germany's long-dated bonds over benchmark 10-year debt was at its lowest level in over five weeks, pushed lower by bets on ECB action and concerns over ...

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Reuters

China overloading poor nations with debt, top US official says
Reuters
JOHANNESBURG (Reuters) - China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable, the head of the U.S. Overseas Private Investment Corporation (OPIC) said on Monday.
Top US Official: China Overloading Poor Nations With DebtVoice of America

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