Archive for the Personal Finance Category

Debt Dropped From Credit Report Still Owed

Posted on March 21, 2011 by

You may still be liable for a bad debt even after it drops from your credit report.

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Debt ceiling: Danger ahead

Posted on March 17, 2011 by

The debt ceiling is one deadline lawmakers really can’t afford to blow.

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Debt Collectors And Generation Facebook

Posted on March 16, 2011 by

The debate is heating up about the means debt collectors are allowed to use to communicate with consumers.  As a new generation enters the world of credit and debt — and inevitably some of them, collections — the 35 year-old rules about how these groups can interact could use an overhaul. 

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Markets applaud European debt crisis package

Posted on March 14, 2011 by

Markets have cheered a surprisingly broad European package of measures to tackle the government debt crisis that has over the past year threatened the existence of the euro currency.

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South Sudan sets conditions for north debt help

Posted on March 6, 2011 by

South Sudan will help the north get relief on around $38 billion in debt, as long as the north “cooperates” on a border dispute and other issues in the countdown to the country’s split, a southern official said.

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FDIC warns on end of giant debt guarantees

Posted on March 4, 2011 by

GE, Citi, B. of A., J.P. Morgan, Morgan Stanley, Goldman got more than $200 billion in debt guarantees from the government

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Debt ceiling: Battle heats up

Posted on March 3, 2011 by

Everybody’s talking about debt.

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Consumers dealing with debt collectors become stuck in a vicious cycle of lawsuits

Posted on February 27, 2011 by

The long-slumping economy has been a boon to debt collectors, yet it’s become an even bigger windfall for the lawyers who sue them. Federal laws designed to protect consumers from abusive and unscrupulous debt collectors have become the tool for the newest form of “slip-and-fall” lawsuit.

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Tough part still ahead in debt marathon: ECB’s Weber

Posted on February 21, 2011 by

ECB policymaker Axel Weber said on Monday that debt-strained euro zone countries must make the most of the breathing space bought by aid measures and warned the hardest part of the reform process was still ahead.

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Debt reduction without default

Posted on February 18, 2011 by

Europe urgently needs to implement a market-based emergency program to deal with overly indebted countries, which would then act as a bridge to creating a major European Monetary Fund. 19 Feb 2011 12:04 AM

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