News

[HO CHI MINH CITY] Vietnam’s National Assembly on Friday (Jun 27) voted to approve amendments to the 2024 Law on Credit Institutions, enabling key tools deemed critical to resolving banks’ swelling ...
Debt consolidation loans can be an effective way to pay off high interest debt.
Kenya’s public debt reached Sh11.35 trillion in March 2025 on the back of increased borrowing from the domestic market.
Central Coast Council has voted to write-off an “unusually high amount” of bad debt this financial year in a bid to clear its books of unrecoverable money with some fines dating back to 2006.
Consumer debt is rising fast. Is that necessarily a bad thing? Credit card and other debt rose fast in April, but low unemployment means most Americans are still spending.
The Moneyist I have $1,000 in credit-card debt. Will I be able to hide my inheritance from the bank? ‘The debt stems from over five years ago, and I forgot about it’ ...
African countries can move from being price takers to price negotiators. They should be able to reduce debt costs, freeing up resources for development.
Rising debt-servicing costs force the government to borrow more money to make its payments; investors, in turn, demand even higher interest rates, which pushes debt-servicing costs even higher ...
U.S. hospitals and health systems in many regions are seeing a sharp rise in uncompensated care, with new data showing big increases in bad debt and charity care deductions during the first ...
According to Orman, bad debt "is where you are paying for your present day desires, but your costs are going to be your future day needs." The most common example? Credit card debt. It typically ...
Is the national debt good or bad? Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates can go up.