Burden of repaying IMF loans will fall on future generations of Ukrainians, warns Putin

The IMF’s approval of a new $ 3.9 billion loan for Ukraine has already been hailed as a victory in Kiev. It’s just enough to cover some pension payments but will take a long time to pay off, said Russian President Vladimir Putin. The executive board of International Monetary Fund (IMF) greenlighted a new 14-month […]

Hard-up firms in China use cashmere and pork to repay loans

LI XINTONG DID not want one overpriced cashmere sweater, let alone a hundred. But when his loan to Jicai came due, the investment firm offered to repay him not in cash, but in sweaters. The value of 100 cashmere pullovers, it said, equalled his 150,000 yuan ($ 22,000) loan, and was thus fair compensation. Mr […]

Long-Term Personal Loans Offer Many Benefits

A long-term personal loan is a loan that enables banks to loan cash to individuals on a long-term premise. Likewise, they can originate from moneylenders, for example, banks, credit associations, or online moneylenders, since loan specialists have a tendency to loan cash as long-term loans except if they loan here and now loans. Borrowers can […]

No Guarantor Loans For Business – An Easy Task With the Right Approach

No Guarantor Loans For Business Business loans, similarly to personal loans, have been increasingly difficult to get lately. Despite the difficulties, unsecured loans for business remain to be very attractive as they offer great advantages that personal loans do not. The reason for most rejections is the approach taken by a business owner. Proper understanding […]

Not Saving For College is Good Idea ?

 Student Loans  Studying at a global university is an uphill task. With increasing admissions and other expenses, parents cannot guarantee the finance for their child’s higher education. Securing admission under this scenario requires money and time management too. The range of expenses includes admission costs, hostel rent books, and the tuition fee. Parents dream of […]

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 […]