How Is Personal Savings Allowance Useful?

Personal Savings Allowance If your saving account is anything other than a Cash Isas, personal savings allowance is of great use. Below are a few examples to explain how it works: For 20% Taxpayers Scenario 1: You earn £23,000 annual income and £600 savings interest Scenario 2: You earn £23,000 annual income and £1,200 savings […]

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 […]

Bad loans remain a concern in Italy and across southern Europe

ITALY’S next government, a coalition between the populist Five Star Movement and the far-right Northern League, is giving investors plenty to worry about. Leaked plans, hastily abandoned, suggested it might want to leave the euro or ask the European Central Bank to forgive €250bn ($ 292bn) of Italian debt. But less attention has been paid […]

The White House says it’s investigating $500 million in loans granted to Jared Kushner’s family business

Thomas Peter-Pool/Getty Images The White House wants to know whether two loans totaling more than $ 500 million to Jared Kushner’s family real estate business violated any criminal laws or regulations. The loans came from Citigroup and the private-equity firm Apollo Global Management last year. WASHINGTON (Reuters) – The White House is investigating whether two loans totaling […]

Martin Lewis urges you to check if you have overpaid THOUSANDS on student loans

GETTY – STOCK Martin Lewis says students may be overpaying their university loans  I first dipped my toe in this subject last November, suggesting people try it to see if it happened. Ever since I’ve been swamped with success stories of people getting their cash back. There are three main ways you may be owed […]

China’s debt-trap diplomacy reaches the Philippines, which is likely to accept Chinese loans 1,100% more expensive than other options

TED ALJIBE/AFP/Getty Images The Philippines is close to accepting loans from China that are 1,100% more expensive than ones from Japan. The country’s chief economist said it will accept the loan as it needs “more friends,” as relations between the two countries warm after years of territorial disputes in the South China Sea. The loan […]

Jared Kushner’s business received multimillion-dollar loans from 2 companies whose executives met with him at the White House

Jared Kushner’s personal financial dealings have sent up red flags in Washington since he was installed as a senior adviser to President Donald Trump. Meetings Kushner had while in his official capacity at the White House have drawn new scrutiny because of two multimillion-dollar loans Kushner’s company received after he met with executives from Citigroup […]

Ukraine sets 'world record' for largest share of bad loans in history

Published time: 19 Dec, 2017 09:34 The banking system of Ukraine set a world record for bad loans this year, according to a central bank spokesman. The country’s financial sector has found itself in the worst situation ever, said the official. Read more “We have set an unpleasant and expensive record for the economy. Ukraine […]

I have the money to finish paying my student loans — but I’m choosing not to

Oli Scarff/Getty Images Author Mr. Crazy Kicks decided to invest instead of paying off his student loans. He made this decision by analyzing risk and potential returns. There are a few things he also considered, like tax deductibles and refinancing.  After refinancing the loans, the payments went down, and he was able to invest simultaneously. A lot of […]