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Personal Debt News Archive
27-Jun-2007
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'Homeowners Unlocking the Powerful Earning Potential of Equity (PR Newswire via Yahoo! Finance) Many Americans are sitting on thousands of dollars' worth of home equity and enjoying a sense of security knowing it's there. But it's misguided security, say Tom Greenwell and Jerry Heintze, co-founders of Arizona Equity 2 Income, whose mission is to assist homeowners in building wealth and creating financial security.
'This boom has 80s echoes. We know how that ended (Guardian Unlimited)Remember "Greed is good"? The mantra for life in the City in the 1980s came from the 1987 film Wall Street. Gordon Gekko, the investment banking protagonist, railed against complacent corporate management, ripe for takeover. The late 1980s was the height of the leveraged buyout boom on Wall Street.
'Debt Free Direct hits reduced target (ShareCast)LONDON (SHARECAST) - Personal debt consultant Debt Free Direct hit its reduced targets for this year with profits nearly doubling, though it was cagey on how many IVA cases it is handling at present.
'Deborah Hargreaves: This boom has 80s echoes. We know how that ended (Guardian Unlimited)Deborah Hargreaves: Markets may have changed a lot, but history has a habit of repeating itself, and higher returns always bring higher risks.
'How Home Equity Can Help You Slash Debt (Benton Evening News)(ARA) - Escalating personal debt is one of the biggest concerns Americans face when it comes to their financial welfare, studies show. Getting out of debt almost seems to be replacing home ownership as the great American dream.
'Why property was best home for your money under Blair (Daily Telegraph)As Tony Blair hands in his keys tomorrow, stock market investors might be forgiven a rueful glance back to that morning in May 1997 when he first walked up Downing Street as Prime Minister. With the glorious 20-20 vision of hindsight, they now know what they should have done that day. They should have sold all their shares and put down a deposit on one of the newfangled buy-to-let mortgages ...
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