debt – World News

Business

Fitch cuts China’s ratings outlook on growth risks, debt fears – Times of India

getworldnews1 year ago05 mins

[ad_1] Fitch Ratings Agency on Wednesday cut China’s sovereign credit outlook to negative, pointing to escalating risks surrounding the country’s public finances. This decision, which Beijing quickly labeled as “regrettable,” underscores the mounting concerns over China’s economic stability, especially amid a persistent property sector crisis threatening broader financial repercussions.Economic headwinds and policy responsesChinese authorities have…

Business

Buried in Student Loan Debt? Consider These 7 Repayment Strategies

getworldnews1 year ago020 mins

[ad_1] Key Takeaways It may be possible to get out of student loan debt faster through income-driven repayment plans, student loan forgiveness programs, student loan refinancing or student loan consolidation. Borrowers who are struggling to repay their student loan debt can explore programs like forbearance or deferment, although this might result in a longer repayment…

Business

Vodafone Idea plans to raise about Rs 45,000 crore via equity, debt – Times of India

getworldnews1 year ago04 mins

[ad_1] NEW DELHI: Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also participate in the proposed equity raise. Overall, Vodafone Idea plans to raise around Rs 45,000 crore through a mix of equity and…

Business

7 Ways to Pay Off Your Mortgage Faster

getworldnews1 year ago017 mins

[ad_1] If you have a 30-year mortgage, you may feel as though you’ll always be paying off your house. But you can slash the time it takes to pay off your mortgage using a number of strategies, many of which don’t require spending a lot of extra money. Getty Images When it comes to paying…

Business

Byju’s Alpha unit files for Chapter 11 bankruptcy in Delaware – Times of India

getworldnews1 year ago04 mins

[ad_1] A unit of Byju’s, once one of India’s hottest tech startups, was put into bankruptcy in the US by a court-appointed agent who took over the shell company after it defaulted on $1.2 billion in debt.Byju’s Alpha Inc doesn’t have enough money to keep fighting with its parent company about the debt, according to…

Business

Debt Do Us Part? 1 in 5 Says Debt Was a Factor in Divorce

getworldnews1 year ago014 mins

[ad_1] Key Takeaways In a U.S. News survey of divorced people, nearly 20% say debt was a contributing factor in their divorce. A majority of those who remarried have chosen to keep debts separate in their new marriage. Almost half of respondents experienced a drop in their credit score after divorce. For many couples, marriage…

Business

Good Reasons to Get a Personal Loan – and Times You Should Avoid One

getworldnews1 year ago020 mins

[ad_1] A personal loan allows you to borrow a lump sum of money, in some cases up to $100,000, that you usually repay over a period of one to five years. The interest rate and monthly payments on a personal loan are typically fixed, which means you know exactly how much you owe each month…

Business

Need a Small Loan? These Lenders Let You Borrow as Little as $250

getworldnews1 year ago015 mins

[ad_1] Small personal loans can provide the funding you need to pay for incidentals like car repairs, medical bills, replacement appliances and other unexpected expenses. You may also use a personal loan to pay off a small amount of credit card debt at a lower fixed interest rate. However, many lenders have minimum borrowing amounts…

Business

Personal Loans Trends: What to Expect in 2024

getworldnews1 year ago024 mins

[ad_1] Consumers are increasingly turning to unsecured personal loans to achieve their financial goals, whether they want to knock out home improvement projects, consolidate high-interest credit card debt or simply pay for an unexpected car repair. Personal loan balances have ballooned – both at the individual borrower level as well as nationally – at a…

Business

What DTI Do I Need to Get a Mortgage?

getworldnews1 year ago011 mins

[ad_1] If you plan to buy a home or car – or make any purchase that requires a loan – it is essential to have a good debt-to-income ratio. Your DTI reveals how much of your income goes toward debt payments each month, and this ratio gives lenders a snapshot of your financial condition and…