Consumer: Numbers taking out payday loans ‘quadruples’
The number of people taking out expensive payday loans has quadrupled over the last four years, a consumer watchdog said today.
Read more on Yorkshire Evening Post
RP firm debuts in offshore debt market with 0-M bond issue
TYCOON ANDREW Tan’s property- and consumer-based holding firm Alliance Global Group Inc. successfully debuted in the offshore debt market with a 0-million seven-year bond issue.
Read more on Philippine Daily Inquirer
Fitch upgrades Tyson’s debt ratings on debt cuts
Ratings service Fitch upgraded the issuer default rating and other debt ratings of Tyson Foods Inc., saying Friday the meat producer has significantly cut its debt and is seeing improved operating performance in recent months.
Read more on AP via Yahoo! News
Debt relief: Consumer alert
The Federal Trade Commission recently announced amendments to the Telemarketing Sales Rule which will prohibit for-profit companies that sell debt relief services over the phone from collecting any advance fees prior to settling or reducing debt.
Read more on San Marcos Daily Record