Recent News Headlines : Nerdwallet

TAKE FIVE: WORLD MARKETS THEMES FOR THE WEEK AHEAD


U.S. President Donald Trump embarks on his first trip to Asia in the coming week, stopping in Japan, South Korea, China, Vietnam and the Philippines... READ MORE

3rd November, 2017 0

ASIAN POWERHOUSES AT RISK FROM CREDIT BINGE, RISING INTEREST RATES


Gross debt-to-GDP reached 220 percent in China, 190 percent in South Korea, 80 percent in Turkey and 65 percent in India... READ MORE

25th October, 2017 32

PRESIDENT XI ENCOURAGES GRADUATES OF CHINA-CHAMPIONED INSTITUTE TO BE LEADERS


Xi announced the establishment of the institute during a series of summits commemorating the 70th anniversary of the UN in 2015... READ MORE

18th October, 2017 0

MILLENNIALS ARE HELPING JACK MA'S FINANCING FIRM BECOME A DEBT GIANT


Ant Financial strictly follows relevant regulatory rules in disclosing information to investors... READ MORE

17th October, 2017 1823

THE DEADLINE FOR BANKS TO ACT OVER TRACKER MORTGAGES WAS YESTERDAY


Leo Varadkar The deadline for banks to act over tracker mortgages was yesterday... READ MORE

13th October, 2017 0

AMERICAN HOUSEHOLDS SPEND BIGGER SLICE OF INCOME ON DEBT PAYMENTS


Working-class families saw debt levels rise last year as incomes grew slower than for consumers as a whole... READ MORE

10th October, 2017 164

HOW A $1,400 PAYDAY LOAN BALLOONED TO MORE THAN $10K


Robbie McCall's payday loan nightmare began nine years ago with a simple wish to buy his teenage daughter a special Christmas gift... READ MORE

5th October, 2017 319

TOYS 'R' US COLLAPSES INTO BANKRUPTCY THANKS TO CRUSHING DEBT


Chapter 11 was certainly not the company's preferred outcome, Chief Executive David Brandon said in a court filing... READ MORE

20th September, 2017 19376

GERMAN BANK HANDS $61 MILLION TO U.K. ONLINE LENDER AMID BREXIT


The deal comes a month after Dutch insurer Aegon NV agreed to fund 160 million pounds in small business loans originated by Funding Circle Ltd... READ MORE

19th September, 2017 208

CANADA BUSINESS INVESTMENT PICKS UP, BUT FUTURE UNCERTAIN


Canada has emerged as the fastest growing economy of any country in the G7 group of major developed economies... READ MORE

31st August, 2017 25

THE WORLD NEEDS MORE PEOPLE WITH GRADUATE DEGREES


Washington State University offers 127 graduate and professional degree programs at five locations across the state Pullman, Tri-Cities, Vancouver, Spokane and Everett... READ MORE

15th August, 2017 348

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NEW U.S. SUBPRIME BOOM, SAME OLD SINS


Few things capture this phenomenon like the partnership between Fiat Chrysler Automobiles NV and Banco Santander SA... READ MORE

17th July, 2017 8803

OTTAWA MOVES TO LIMIT FOREIGN MONEY IN HOUSING WHILE TIGHTENING RULES FOR RESIDENTS TOO


Ottawa has announced new rules aimed at limiting foreign money into Canadian real estate and ensuring that borrowers take on mortgages they can afford... READ MORE

4th October, 2016 7941

TD BANK RAISES MORTGAGE PRIME RATE TO 2.85%


It's rare for the big banks to leave much gap between themselves on their prime lending rates, so other major lenders are expected to follow suit... READ MORE

1st November, 2016 5948

HOW A RATE HIKE THIS WEEK WILL IMPACT YOUR OTHER DEBT


With the Bank of Canada set to raise lending rates, mortgage holders have been warned to expect more expensive debt than they've become used to... READ MORE

10th July, 2017 5741

HERE'S WHY THE KUSHNER'S TOWER NEEDS A SAVIOR


We are very bullish on New York real estate, and we are confident that 666 Fifth has great upside potential, Kushner said at the time... READ MORE

26th March, 2017 2681

NO, TRUMP CAN'T CUT U.C. BERKELEY'S FEDERAL FUNDING BY HIMSELF


Berkeley's Federal Funding by Himself Trump accused the school of stifling free speech after protesters shut down an event... READ MORE

3rd February, 2017 2454

AUSTRALIANS MAY SOON STRUGGLE TO MAKE ENDS MEET


Further intensifying the squeeze is a rising cost of living, with electricity prices climbing as much as 20 percent in New South Wales state next month... READ MORE

26th June, 2017 2449

THE DEBT-BUBBLE LANDMINE OBAMA LEFT FOR TRUMP


People with not-great credit scores have always made up about a fifth of the auto-loan market... READ MORE

8th May, 2017 1785

PAYDAY LOAN CHARGES CAP TAKES EFFECT


Christopher Woolard, of the FCA, said the regulator had taken action because it was clear that payday loans had been pushing some people into unmanageable debt... READ MORE

2nd January, 2015 1750

AUTO LOAN FRAUD SOARS IN A PARALLEL TO THE HOUSING BUBBLE


Losses from auto loan fraud this year will likely be 4 billion to 6 billion, up from 2 billion to 3 billion in 2015, the firm said... READ MORE

10th May, 2017 1222

SINGAPORE'S BIG BANKS' BAD-LOAN WOES MAY BE GETTING WORSE


Fourth-quarter results due this week from DBS Group Holdings Ltd... READ MORE

13th February, 2017 1186

THE 'NO-BRAINER' FIX TO AMERICA'S STUDENT LOAN MESS


An Education Department study last year revealed that some 57 percent of borrowers, or 696,000 people, whose income information came due at re-certification missed their deadline... READ MORE

15th October, 2016 1154

CALL FOR ZIMBABWE'S GRACE MUGABE TO RETURN PHD


Award-winning Zimbabwean writer Chenjerai Hove has called on Grace Mugabe, the wife of Zimbabwe's leader Robert Mugabe, to hand back her PhD... READ MORE

2nd October, 2014 1098

TOTAL DEBT AT UNDER-PRESSURE IRISH WATER NOW TOPS EUR850M


Earlier this year, Mr Kelly gave approval for Irish Water to enter into a number of committed facilities with commercial banks totalling EUR550m... READ MORE

19th July, 2015 1080

BANKS TIGHTEN AUTO LENDING AS MORE BORROWERS FALL INTO DEFAULT


Drivers with credit scores below 620 now comprise less than 20 percent of new loans, down from almost 30 percent a decade ago... READ MORE

17th May, 2017 1080

GREECE SAYS BAILOUT DEAL CLOSE, BUT WILL NOT ACCEPT 'ILLOGICAL' DEMANDS


Reaching agreement would release another tranche of funds from it latest 86 billion euro bailout, and facilitate Greece making a major 7.2 billion euro debt repayment this summer... READ MORE

11th February, 2017 1077

CHINA TO LAY OFF FIVE TO SIX MILLION WORKERS, EARMARKS AT LEAST $23 BILLION


In addition, an assortment of local government matching funds will also be made available... READ MORE

1st March, 2016 1035

AS WALL STREET THRIVES AMERICAS LITTLE GUY CHOKES ON PAPERWORK


Another problem for smaller borrowers There are almost no new banks... READ MORE

28th February, 2017 943

'DEEP SUBPRIME' AUTO LOANS ARE SURGING


At least two dozen lenders have tapped the debt market to sell bonds that hold their subprime auto loans over the last few years... READ MORE

29th March, 2017 921

COUNTRY ON THE BRINK OF DEFAULTING ON DEBTS


Puerto Rico financial crisis Country on the brink of defaulting on debts... READ MORE

1st August, 2015 919

NO INTEREST CHARGES FOR TROUBLED BORROWERS


This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled... READ MORE

10th December, 2014 758

BEHIND THE DIZZYING STUDENT LOAN GAME NAVIENT ALLEGEDLY PLAYED


Half the time, Navient employees didn't bother to mention income-based repayment plans... READ MORE

29th January, 2017 650

HOW CAN AUSTRALIAN HOUSEHOLDS GET AWAY WITH THE BIGGEST DEBTS IN THE WORLD?


It is an extraordinary fact that Australian households shoulder the biggest debts in the world, relative to our incomes... READ MORE

22nd September, 2016 598

INTEREST RATE HIKE SHOULD BE A 'KICK IN THE BUTT' FOR YOUR FINANCES


Prospective homebuyers should think twice about their homebuying budget as interest rates climb, Taylor says... READ MORE

15th July, 2017 535

1. HOW DID HOME CAPITAL GET INTO TROUBLE?


Home Capital accounts for just 1 percent of the Canadian mortgage market... READ MORE

1st May, 2017 532

BANKS ARE HOARDING $2.4 TRILLION OF BONDS


But instead of ramping up lending to keep up with deposits, banks are plowing into U.S. government and related debt at the fastest clip since 2014... READ MORE

31st October, 2016 527

A CRITICAL STEP TO CHANGING THE WORLD


For example, Washington State University scientists have pioneered development of environmentally friendly jet fuel... READ MORE

15th February, 2017 522

NOBLE GROUP HALTED AFTER 32% PLUNGE AS S&P SEES DEFAULT RISK


Noble Group Halted After 32 percent Plunge as S P Sees Default Risk... READ MORE

23rd May, 2017 480

THIS IS THE NO. 1 REASON AMERICANS FILE FOR BANKRUPTCY


Unfortunately, having health insurance in no way guarantees that you won't fall victim to medical debt... READ MORE

6th May, 2017 469

MORE AMERICANS FALLING BEHIND ON CAR LOAN PAYMENTS SP SAYS


Losses on risky subprime loans rose to 8.35 percent in August, the highest since 2010... READ MORE

12th October, 2016 463


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