Growing up poor taught me a great deal about money -- mainly what not to do. I've seen firsthand how easy it is to fall into ...

said the reality of the slow pace of the country’s rate reductions is perpetuating the debt trap that millions of ordinary South Africans find themselves in. “Statistics reflect that the ...

Chinese loans have piled up for Sri Lanka, accounting for 52% of the island nation’s total foreign debt of $46.9 billion. Between 2000 and 2020 alone, China extended close to $12 billion in ...

A common misconception among tax practitioners is the belief that debt-financed distributions from QOFs within two years of funding are prohibited. Many cite Internal Revenue Service (IRS ...

Stringent measures are required to reign in such firms that make borrowers’ lives miserable by pushing them into debt traps. But, that’s just one aspect of the solution. The current crisis ...

There still seems to be a good deal of fear towards credit cards, especially given recent news about rising credit card debt in Singapore, where credit card rollover balances hit a record high of ...

The study reveals that users of BNPL programs are more likely to accumulate significant debt. Buy Now, Pay Later (BNPL) loans, generally defined as zero-interest loans repaid in four or fewer ...

Nobody wants to fall into debt, but it happens all too easily ... Here are the most common traps to look out for so you can steer your finances toward long-term health: Not everyone loves ...

According to the Revenue Minister, the proposed law seeks to overhaul the functioning of MFIs and prevent exploitative practices that often trap the poor in cycles of debt. Among the proposed ...

Personal loans are a great way to get financial assistance in times of emergency or if you are about to have an important event and want some extra funds or if you just want to treat yourself with ...