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American Banker

Household debt now 19% above crisis low after 16th straight gain
MarketWatch
Household debt grew for the 16th consecutive quarter in the April-to-June period, rising by 0.6%, or $82 billion, to $13.29 trillion, the New York Fed reported Tuesday. Overall household debt is now 19.2% above the post-financial-crisis trough. Though ...
Stats on consumer debt collection aren't as rosy as they lookAmerican Banker
US Household Debt Jumps to $13.3 Trillion While Student Loan Delinquencies DipBloomberg
US household debt rises to $13.3 trillion in second quarterKitco News
Bond Buyer -HousingWire -DSNews.com
all 45 news articles »


Business Insider

These are the countries most at risk if Turkey's lira crash spirals into a debt crisis
Business Insider
LONDON — The collapse of the Turkish lira against the dollar is the focus of global markets but emerging market currencies are getting hammered across the board and there are concerns that the issue could spiral from a currency crisis into a debt crisis.

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Business Insider

Russia may have more US debt than people think
Business Insider
"Russia dumped 84% of its American debt," blared a July CNN headline. Russian central-bank head Elvira Nabiullina said the sales were just part of "diversifying the entire structure of currencies." But with the U.S. dollar accounting for two-thirds of ...

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Voice of America

Tonga PM Calls on China to Write-off Pacific Debt
Voice of America
Tonga Prime Minister Akalisi Pohiva has called for China to write-off debts owed by Pacific island countries, warning that repayments impose a huge burden on the impoverished nations. Chinese aid in the Pacific has ballooned in recent years with much ...

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Wall Street Journal

Turkey Crisis Puts Spotlight on Emerging Market's Foreign-Currency Debt
Wall Street Journal
Turkey has more foreign-currency debt as a share of gross domestic product than many of its peers, a key source of concern for emerging-market investors at the moment. The country's currency, the lira, is down 45% so far this year, including 6.6% on ...
'What happens in Turkey won't stay in Turkey': Why this debt crisis could be differentCNBC
Turkish currency hit by perfect storm of US sanctions, tariffs & debt, plunges to historic lowRT

all 7,691 news articles »


Bloomberg

This $16 Billion Turkish Wall of Debt Is at Risk From Lira Crash ...
Bloomberg
Major Turkish companies, financial institutions and the government have at least $16 billion in bonds denominated in foreign currency that are due by the end of ...

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Marketplace.org

Turkey's new debt problem
Marketplace.org
This article was updated on Aug. 14. Turkey's currency fell to a new record low today. Year to date it's lost almost half its value, leading some investors and lenders inside and outside of Turkey to lose confidence in the Turkish economy. President ...
Why the Turkish lira's downfall scares investorsMarketplace.org
Turkey shaken by financial fears, Trump rattles it furtherMarketplace.org

all 77 news articles »


CNBC

The best credit card you can use to pay off debt with no balance transfer fee
CNBC
Balance-transfer credit cards are designed to get you out of debt. You can use them to move a balance from a credit card with a high interest rate to one that temporarily charges no interest, providing you with a window of time to focus on getting out ...



Wall Street Journal

Missed Bond Payment in Xinjiang Stirs Chinese Debt Fears
Wall Street Journal
BEIJING—A missed bond payment by a quasi-military organization in the Xinjiang Uighur Autonomous Region is fueling fresh concerns about China's ability to shoulder its massive debt. A unit of the Xinjiang Production & Construction Corps, an ...

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CNBC

Families still bet on college, despite rising cost
CNBC
A college education is now the second-largest expense an individual is likely to make in a lifetime — right after purchasing a home. For many, it also requires going deep into the red. Seven in 10 seniors graduate with debt, owing about $29,650 per ...

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