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One in four young adults relies on credit cards for essentials - Scotsman
ScotsmanOne in four young adults relies on credit cards for essentialsScotsmanBy VICKY SHAW A QUARTER of 25 to 34-year-olds have used credit to fund essential purchases in the last year, a report has found. UK families are typically £7900 in debt from personal loans, overdrafts and credit cards, despite three years ofrepayments, ...Average British households in £7900 of debt as wages dropMetroBRITONS THE TOP DEBTORSExpress.co.ukall 3 news articles »

Firms find help in quick loans - Crain's New York Business
Firms find help in quick loansCrain's New York BusinessIt offered him a $90000 advance against his future credit card sales. The money wasn't cheap—the lender charged him $27000 to borrow it, deducting it from a percentage of his monthly sales—but Mr.Arfi got it in three to four days. “The loan gave me ...

President Obama's student loan debt relief plan goes into effect early - Daily Sundial
President Obama's student loan debt relief plan goes into effect earlyDaily SundialStudent loan debt has surpassed credit card debt for the first time ever, according to a report from CBS. Obama's student loan relief plan will be split into two measures, the first one being a special loan repayment program based on income that aims ...and more »

Judge halts alleged credit-card scam - Philadelphia Inquirer
Judge halts alleged credit-card scamPhiladelphia InquirerMany of the thousands of victims had applied online for high-cost pay-day loans shortly before telemarketers contacted them. But instead of receiving the promised credit card that could be used like a Visa, MasterCard or American Express card at ...and more »

 
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