For now, it seems that no one wants to back down. President Joe Biden expects the US Congress to raise the debt ceiling without further demands. On the contrary, Republicans want Biden to promise a savings plan of 5 trillion dollars over ten years. Donald Trump and his supporters go even further. They don’t want … Read more
Debt.com conducted a survey of more than 1,000 Americans to see what role credit cards play in the current stress, depression and general mental well-being. “Credit cards are so convenient that many Americans say the temptation to use them, even when they know better, is taking a toll on their mental health”, says the study. … Read more
Freiburg/Stuttgart (dpa/lsw) – Because of the high energy prices, consumers in Germany are increasingly looking for help from professional debt counseling services. “We’re getting more people into counseling who weren’t with us before,” said Eva Müffelmann, head of the Federal Working Group for Debt Counseling, on Thursday of the German Press Agency on the sidelines … Read more
Western & Southern Financial Group, a group of diversified financial services businesses, conducted a survey of the most important financial discussions for couples, finding that 63.6% of Americans surveyed have never discussed debt with their spouse. Poor communication and mismatched values can cause couples to break up. But these areas often encompass finance as well. … Read more
The bankrupt Eiffel Optic chain of eyeglass stores identified the consequences of the coronavirus closures and the subsequent drop in consumer spending as the main reasons for its collapse. However, the company’s published financial statements show that its economy was strained already a year before the pandemic. In addition, some of the competitors were growing … Read more
People looking for appreciation of their money through investments in corporate bonds are increasingly deciding to see at least something from their investment in the end. In the Czech Republic, there are more and more cases where a company issues bonds but subsequently goes bankrupt. Last year, 22 issuers ended up in insolvency, so roughly … Read more
At the beginning of last November, the actor couple Petr Štěpánek and Zlata Adamovská met together with the tennis player Karolína Plíšková on the border between Smíchov and Motol in Prague. A trio of celebrities took part in the laying of the foundation stone of the Skalka housing project by the Premiot Group. However, the … Read more
27 jan 2023 om 04:58 Payment problems among families are more common and since the summer this has also been noticeable in childcare. Debt collection organizations GGN and Flanderijn see that the number of outstanding amounts they claim on behalf of childcare has increased by 15 to 20 percent since last summer. This concerns thousands … Read more
Sharjah: Sharjah has paid off the debts of 10 lakh dirhams of prisoners. Sharjah’s Punishment and Rehabilitation Department paid off the debts of 12 prisoners in cooperation with government and private institutions. The action is part of United Prisoners Week in the Gulf. On this day, prisoners were given the opportunity to bond with their … Read more
However, Malte Gallée is not completely satisfied. The MEP is angry that member states have refused to harmonize penalties for breaches of the consumer credit directive. According to the Bavarian, the Greens had demanded fines amounting to at least four percent of the creditor’s turnover. “The compromise simply states that member states must ensure that … Read more