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Personal Debt News Archive
30-Jun-2007
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'Personal debt hits 10-year high (Belfast Telegraph)The average family now spends more of its household income on servicing debts than at any time over the past 10 years. Figures published today by the Liberal Democrats show that the average household now spends 9 per cent of its income on interest charges, a fifth more than in 1997.
'Get Your Budget In Fighting Shape (Investopedia)In boxing, each boxer has an ideal fighting weight - the weight that provides the best balance of speed and power. If a boxer is too heavy, he forfeits his speed. If he's too light, he loses power. Finding this ideal weight and maintaining it is the main challenge for most boxers and their handlers.
'The Blair Years (Tiscali)Note: You are reading this message because you might not be able to see our stylesheets, or because you might not have a standards-compliant browser.
'Walz: In Congress, in debt and not alone (Minneapolis-St. Paul Star Tribune)WASHINGTON - Rep. Tim Walz went to Congress with high hopes for the nation -- and a mountain of debt he built up last year working to get there. First there was the refinancing of the family home in Mankato to free up some money for living expenses while Walz campaigned full time. Then came the growing pile of bills - for clothes, food, an E-85 van and other necessities to sustain Walz and his ...
'Summer Floods Highlight Insurance Crisis (PRWeb)The Association of British Insurers published a report on June 13, 2007 called 'Insuring Older People' in which it acknowledged that the opportunities (for insurers) created by the rising personal spending power of older people are balanced by significant challenges. The report also notes that some insurers "may not be able to offer cover if they lack the necessary underwriting expertise to serve ...
'Banks 'contributing' to personal debt increase (Australian Broadcasting Corporation)Property experts meeting in Sydney have called for banks to act more responsibly and stop granting cheap and easy home loans.
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