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Sears looks like next company with head-scratching trade

For the past two years, credit-derivatives traders have been betting almost certain odds that Sears Holdings Corp. will default on its debt. Now, those wagers are being turned upside down by a complex proposal from the retailer’s biggest shareholder......»»

Category: topSource: moneycentralMay 22nd, 2018

More Americans are struggling to pay their credit cards, and what"s holding them back is only getting worse

Joe Raedle/Getty Images Late payments on credit-card debt remain on the rise.  This contrasts the trend in other forms of credit including auto loans and mortgages, where late payments of 30 day.....»»

Category: topSource: businessinsiderMay 21st, 2018

Carrying debt into retirement and past age 75 has become the new normal

Americans are used to making payments on credit cards, mortgages and other types of debt. What's different now is the rising proportion of seniors carrying debt into late retirement years.      &.....»»

Category: topSource: usatodayMay 10th, 2018

My husband cashed out his retirement and, after 36 years, filed for divorce

This soon-to-be divorced couple also has $30,000 in credit-card debt and no 401(k)......»»

Category: topSource: moneycentralApr 29th, 2018

The Moneyist: My husband cashed out his retirement and, after 36 years, filed for divorce

This soon-to-be divorced couple also has $30,000 in credit-card debt and no 401(k)......»»

Category: topSource: marketwatchApr 27th, 2018

The rise of the Russo brothers — from going into credit card debt for their first movie to directing "Avengers: Infinity War"

Jesse Grant/Getty Ima.....»»

Category: topSource: businessinsiderApr 19th, 2018

America"s Credit-Card Fueled Spending Spree Hits A Brick Wall

Last month was bad, this month it's the worst it's been in almost five years. Exactly one month ago we showed  that after the record debt-fueled spending spree in late 2017, US credit card usage in the first month of 2018 post.....»»

Category: blogSource: zerohedgeApr 6th, 2018

How balance-transfer credit cards can save money and help pay off debt sooner

If you're in revolving credit card debt, you may want to consider getting a balance-transfer card. They allow you to transfer a balance from .....»»

Category: topSource: usatoday12 hr. 53 min. ago

Florida"s debt reduction called "sea change"

Florida has reduced debt that helps finance initiatives like roads, schools and environmental projects by more than $7 billion over the past eight years, according to a new report from the state Division of Bond Finance. The debt amount dropped fr.....»»

Category: topSource: bizjournalsAug 15th, 2018

These Greater Cincinnati colleges have the highest student debt: SLIDESHOW

Student loan debt in the U.S. now totals more than $1.5 trillion, more than both credit card and auto loan debt, and recent research has shown that the crisis isn't only worse than we thought — it's getting worse. The percentage of students who .....»»

Category: topSource: bizjournalsAug 13th, 2018

Social Unrest Breaks Out In China After "Panic" Bank Run On Peer-2-Peer Lenders

One week ago, when discussing the "source of China's next debt crisis", namely the recent explosion in Chinese household debt which over the past year has soared by over 40% even as credit growth across other debt categories .....»»

Category: blogSource: zerohedgeAug 12th, 2018

3 Reasons Why Goldman Turned Bearish On Seagate Technology

Seagate Technology PLC (NASDAQ: STX) deserves credit for improving its product offerings over the past few years to take advantage of an improved hard disk drive market, but a bearish stance is called for, according to Goldman Sachs.  Latest Rati.....»»

Category: blogSource: benzingaAug 9th, 2018

The average credit card debt in every state, ranked

Jacob Lu.....»»

Category: topSource: businessinsiderAug 9th, 2018

She went from $20K in credit card debt to grabbing $100 million deal

Bethenny Frankel has a beef with Postmates......»»

Category: topSource: moneycentralAug 8th, 2018

How she went from $20,000 in credit card debt to $100 million deal

Bethenny Frankel has a beef with Postmates......»»

Category: topSource: moneycentralAug 8th, 2018

‘Everything Was a Struggle.’ Bethenny Frankel on How She Went From $20,000 in Credit Card Debt to a $100 Million Skinnygirl Deal

She found her financial freedom and so can you. Bethenny Frankel has a beef with Postmates. A recent order placed with the delivery service was simple enough. Just a bagel, muffin, and cup of coffee. But this modern-day convenience backfired. Her ba.....»»

Category: topSource: timeAug 8th, 2018

US consumer borrowing rose $10.2 billion in June

Americans increased their borrowing in June at the slowest annual pace in three months as the level of credit card debt fell slightly. .....»»

Category: topSource: moneycentralAug 7th, 2018

US Credit Card Debt Shrinks For Only Second Time Since 2013 As Student, Auto Loans Hit All Time High

One month after a near record surge in consumer credit driven by a spike in.....»»

Category: blogSource: zerohedgeAug 7th, 2018

Do this if you want to pay off your credit-card debt faster

Fluctuating income and the amount of debt play a role, but so do other more personal issues......»»

Category: topSource: marketwatchAug 7th, 2018

This is the best predictor of how fast you’ll pay off credit card debt

Fluctuating income and the amount of debt play a role, but so do other more personal issues......»»

Category: topSource: marketwatchAug 6th, 2018