Ultragroup.net - The Latest Debt News and Information

Forbes

Is Debt The Devil? Financial Advisors Say "Not Always"
Forbes
We've all heard the awful statistics that prove our country is plagued with debt. Average credit card debt for indebted households is now at $16,048, and average student loan debt surged over $37,000 last year. The average loan for a new car is over ...



CNBC

China central bank chief new worry household debt - CNBC.com
CNBC
Many China watchers are also worried about the rapid growth in household borrowing fueled by real estate purchases.

and more »



UPDATE 1-Debt-laden Carillion agrees new credit facilities
Reuters
Oct 24 (Reuters) - Carillion, the debt-laden construction and services group that has issued two profit warnings this year, said it had agreed new credit facilities and deferrals on some debt repayments. The group said it had agreed to two facilities ...

and more »


Reuters

Brazilian phone carrier Oi suffers two setbacks in debt restructuring
Reuters
SAO PAULO (Reuters) - Brazilian phone carrier Oi SA faced two setbacks from the government on Monday in its efforts to pull off the country's biggest-ever in-court debt restructuring. Consumers stand in front of an Oi store, Brazil's largest fixed-line ...

and more »


Bloomberg

Venezuela's Behind on Its Debt and Facing Two Huge Bond ...
Bloomberg
Ever since the price of oil collapsed in mid-2014, there's been a broad consensus among the bond-market crowd that Venezuela was going to default.
Venezuela has missed nearly $600M in payments before a can't ...CNBC

all 41 news articles »


Markets Insider

Wall Street is starting to worry about what Trumpcare is doing to hospitals
Markets Insider
Analysts at Morgan Stanley say hospitals are already feeling the repercussions of uncertainty surrounding the Affordable Care Act. According to their analysis, there is a correlation between the percentage of uninsured Americans and bad debt at hospitals.

and more »


Americans Carry an Average Debt Load That Impedes Retirement Savings
Planadviser.com
The survey found that the most common form of debt people carry is a mortgage, reported by 65% of respondents, whose balance, on average, is between $150,000 and $200,000. Credit card debt is the second most common debt, reported by 50% of ...

and more »


Bloomberg

Noble's Next Battle Will Be Over $3 Billion in Debt
Bloomberg
Noble Group Ltd.'s sale of its oil business to Vitol Group probably buys the embattled commodity trader time. But even if it survives long enough to complete the deal, there's still an almighty struggle ahead: the near-inevitable restructuring of over ...

and more »


Tallahassee.com

Court orders student loan forgiveness company to stop doing business, freezes assets
Tallahassee.com
A federal court in South Florida has frozen the assets of a student loan forgiveness company and ordered it to stop marketing itself and signing up customers. The court issued a temporary injunction against Student Debt Doctor and its president, Gary ...
FTC Cracking Down on Student Loan “Debt Relief” ScamsUSA Herald

all 2 news articles »

Google News