A new TV show offers people the chance to pay off their student loans — and it reveals just how bad school debt can be

TruTV Michael Torpey, an accomplished actor and writer, is hosting a trivia show where contestants compete to pay off their student loans. The show hopes to bring light to the student debt crisis in the US. The show premieres tonight at 10 p.m. EST on TruTV.   With the student loan debt crisis at an all-time […]

Why Cautious Canadians Are Piling on Massive Household Debt

The property at 1005 East 22nd Ave. in Vancouver, British Columbia, looks like a nice little starter home — a one-story, two-bedroom, one-bath, 878-square-foot bungalow painted subtle pastel colors. In the yard is a garden with raised beds; downtown is a 10-minute drive. The listing describes the house as move-in ready but perfect for someone […]

Russia dumps US debt, reducing holdings to lowest level in a year

The Central Bank of Russia has sold $ 3.1 billion in US Treasury bills as of February, reducing its investment in American debt to the lowest level since March last year. Moscow still occupies the 16th position among the largest holders of US government bonds. Russia has cut its holdings for the third consecutive month. […]

The outlook for US government debt

THE bond market used to be the prime exhibit for those predicting low long-term economic growth. In the summer of 2016 the ten-year Treasury yield briefly dipped below 1.5%, as expectations for growth and inflation sagged. Things have changed. Earlier this year the ten-year yield briefly went higher than 2.9%. Even after recent share-price gyrations, […]

Indian Government Is Selling off Air India — and Its $5 Billion in Debt

Indian Govt Is Selling Off Air India And Its $ 5 Billion Debt Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). […]

Here’s how this young couple paid off $162,000 of debt in 3 years — and paid for their wedding at the same time

Heron Abegaze/Instagram Soon after her 26th birthday, Heron Abegaze had what she calls a “quarter-life crisis” when she realized how much interest was accumulating on her student debt. Abegaze convinced her boyfriend that they should stop making only minimum payments and instead make paying off both of their debt a priority. Less than three years […]

Child labor and debt bondage: Apple audit exposes ‘core violations’ of tech giant’s suppliers

Apple suppliers have breached the firm’s core labor rules 44 times in the last year, according to a new audit. The number of overall violations, which include debt bondage and underage employment, have doubled. The 2017 Supplier Responsibility Report includes 756 of the tech giant’s suppliers. Some 197 suppliers were audited for the first time. […]

A 26-year-old woman has racked up $10,000 of debt after trying to become an ‘Instagram star’

Instagram Embed: //instagram.com/p/BfMhNgmlFIC/embed Width: 658px A 26-year-old woman has revealed that she sank into $ 10,000 (£7,256) of debt by trying to become an ‘Instagram star.’ Her lifestyle involved monthly shopping sprees, designer handbags, and monthly travel all for the goal of getting ‘the perfect gram.’ While she regrets her spending, she says she still forks […]

Treasury fears new sanctions on Russian debt could hit US hard

The US Treasury has warned that imposing new sanctions on Russia’s sovereign debt market could cause massive repercussions for the US, a new unclassified document warns. The memo, obtained by Bloomberg, outlines the risks of expanding existing sanctions on Russia to include new sovereign debt and derivatives. The Treasury did not release the report publicly. […]