LOCAL FINANCIAL experts have agreed that there is an urgent need for the Government to come clean about the country’s indebtedness. While the official debt figure is $1.2 trillion, the financial experts, who spoke at a recent Gleaner Editors’ Forum, agreed the contingent liabilities need to be determined and added to the equation before any credible programme can be implemented to deal with the …
Financial Focus: Debt can negate savings account (The Record Searchlight)
Q: You hear a lot of financial advice about having three- to six-months in savings in a liquid account. For a person who has saved up that money but still has credit card debt, does it make more sense to pay off credit card debt or keep the money in savings?
Independent begs a month to sort out debt (Daily Telegraph)
Independent News ? Media is close to a pact with its bondholders which would give it a month to reorganise its debt.
Weighing the Options With Credit Card Debt (New York Times)
Many consumers are feeling the weight of credit card debt. Understanding strategies for dealing with it is important.
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