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    Break the cycle of debt: Here's how to get out of credit card debt, even during financial hardships

    BestCards offers strategies to help consumers see their way through credit card debt during financial hardships.

  • Inspired by the Met, 'sleeping baddies' tackle medical debt at the Debt Gala's pajama party

    NEW YORK (AP) — A plush octopus by Jellycat. A neck pillow by XpresSpa. Graphic sleeping masks by Geyoga. The accessories weren’t designer. But these cozy, low-budget pieces stood out Sunday at the second Debt Gala, where some 200 pajama-clad revelers dressed for its “Sleeping Baddies” theme to raise money for medical bill relief. Hosted […]

  • These Are The 10 Countries Most In Debt To The IMF

    These Are The 10 Countries Most In Debt To The IMF Established in 1944, the International Monetary Fund (IMF) supports countries’ economic growth by providing financial aid and guidance on policies to enhance stability, productivity, and job opportunities. Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement structural reforms, and alleviate balance of payments difficulties. In this graphic, Visual Capitalist's Bruno Venditti...

  • Americans go into debt — this time for groceries

    More than a quarter of Americans used a credit card to buy groceries last year and did not pay off the balance when it was due.

  • Gen Z is taking on more credit card debt

    The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.

  • What Is a Debt-To-Equity Ratio and How Can Investors Use It?

    A debt-to-equity ratio is a way to measure how solid a company's financial position is. Here, we take a closer look at what it is and how investors can use it.

  • Relief for students with $3b of HECS debt eliminated

    More than three million Australians will have their student debt wiped, with an average deduction of $1200. Education Minister Jason Clare on Sunday announced the government would cap the Higher Education Loan Program (HELP) indexation rate, eliminating about $3 billion of student debt. The capped rate would ensure indexation matched either the Consumer Price Index […]

  • Three million Australians' HECS debts to be slashed

    The federal government will slash more than three million Australians’ student debt to make amends for the crushing 2023 indexation hike. Education Minister Jason Clare on Sunday announced the government would cap the Higher Education Loan Program (HELP) indexation rate, eliminating about $3 billion of student debt. The capped rate would ensure indexation matched either […]

  • Debt Relief Still Feels Out of Reach for Many Students

    College is expensive — and for most Americans, higher education is still largely unaffordable. The cost of college continues to rise at rates that salaries and income aren’t keeping up with. This is especially true for low-income and working-class students who must depend on alternative ways to fund their education like grants, scholarships, and — More

  • DEBT BOMB: America running out of money, and nobody cares

    DEBT BOMB: America running out of money, and nobody cares (Top headline, 4th story, link) Related stories:Powell admits inflation HIGHER than thoughtNO RATE CUTS NOWNasdaq scores 7th record close of 2024 Drudge Report Feed needs your support!   Become a Patron

  • New figures reveal cut to federal government debt

    Federal government debt is expected to be $152 billion lower in the federal budget, as tax revenue surges. The budget, which will be handed down next week by Treasurer Jim Chalmers, will show gross debt reached $904 billion in 2023/24, down from projections of more than $1 trillion at the time of the 2022 federal […]

  • AfDB warns about high level of debt facing African countries

    According to the Bank Group, the structure of African debt has changed considerably. Bilateral debt now represents 27% versus 52% in 2000, whereas commercial debt accounts for 43% of total debt up from 20% in 2000.