10 Cities Drowning In Credit Card Debt
The time it takes to pay that balance was calculated using 15% of the median earnings for each city (a rule of thumb used by credit counselors setting up debt repayment plans), according to Census Bureau figures. However, that debt varied widely by …
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Ukraine eyes September debt repayment freeze
Negotiations have been fraught with tensions and Kiev now faces a September 23 deadline to return $ 500 million and make smaller interest payments on debt issued by a Russian-backed president who was ousted by street protests last year. Deputy Finance …
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College debt can be especially dumb for parents
The grim reality is that the federal PLUS loan program allows parents to borrow far more than they can comfortably, or even ever, repay. PLUS loans let parents (and graduate students) borrow up to the full cost of an education. There is only a basic …
Read more on Reuters

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