Roadmap in 6 months to cut public debt
The government plans to come out with the first-ever roadmap within six months for reducing public debt, which has been rising after the exchequer got a hit due to stimulus packages.
Treasurer Dean Martin: Consolidate state debt (The Arizona Republic)
State Treasurer has a plan to consolidate state debt, pull out some quick cash and avoid further budget cuts and tax hikes. But the plan drew immediate fire from Gov. Jan Brewer and requires legislative and voter approval.
Accelerated Debt Consolidation, Inc. Believes New Credit Card Law May Motivate Early Birds To Find Debt Relief
New disclosures that banks are required to include with billing statements may spark credit consumers to seek Debt Management and Debt Counseling sooner.
Prosper.com Sees Debt Consolidation Hit All Time High (Business Wire via Yahoo! Finance)
SAN FRANCISCO—-Prosper, the world’s largest peer-to-peer lending marketplace with over $190 million in loans and 930,000 members, today released statistics for January 2010. Notable in January was the increase in personal loans for debt consolidation purposes.
Debt Settlement Program Cautions Debt Consolidation Candidates via Twitter of Unfair BBB Ratings
Helping ease a rapidly rising $2.5 trillion consumer debt epidemic that has led to massive unemployment, and record Chapter 7, Chapter 13, and Chapter 11 business bankruptcy filings, debt settlement has sidestepped debt consolidation as a more powerful bankruptcy alternative.
Credit Card Debt Relief Options Explained by TotalDebtRelief.net
CHICAGO, IL–(Marketwire – 01/18/10) – Credit card debt continues to be a serious issue facing a growing number of Americans. One could argue that the U.S. economy itself is entirely built on the premise of consumer spending and consumer debt. Yet credit card debt can quickly spiral out of control, particularly during the Christmas shopping season. And now it’s time to pay the piper. The damage …
MediaNews holding company restructures debt (Daily Breeze)
The holding company that owns the Daily Breeze, Los Angeles Daily News and Long Beach Press-Telegram has agreed to restructure $930 million in debt, the Denver-based firm announced late Friday.
Deutsche Bank Says Buy Irish Bonds Versus Spanish Debt on Growth (Bloomberg)
Jan. 18 (Bloomberg) — Investors should buy Irish 10-year government bonds and sell Spanish securities because Ireland has less debt to sell the rest of this year and its exports may help the economy grow faster, Deutsche Bank AG said.
UPDATE: UK Lawmakers Seek Clarity On Government Debt Reduction Plan (Fox News)
UPDATE: UK Lawmakers Seek Clarity On Government Debt Reduction Plan
UPDATE: UK Lawmakers Seek Clarity On Government Debt Reduction Plan (Nasdaq)
LONDON -(Dow Jones)- A key committee of U.K. lawmakers has urged the government to provide greater clarity on its debt-reduction plans, adding to the pressure on the treasury to step up its fiscal-consolidation efforts.
