Tag Archives: debt

World Cup fever could lead to more debt

World Cup fever could lead to more debt A surge of applications for debt review are expected in July as consumers decide to splurge on World Cup tickets, alcohol and fun. Read more on Independent Online

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Canadian companies’ low debt levels prepare them for higher interest rates: CIBC

Canadian companies’ low debt levels prepare them for higher interest rates: CIBC TORONTO – Canada’s corporate sector currently has record low debt levels, so companies in this country are in a strong position to withstand the higher interest rates that are on the horizon. Read more on Brandon Sun

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Why is a car repossession so much worse than regular unsecured credit cards debt and charge-off?

when the car is actually a secured loan. what is the logic behind it that’s so much worse than regular debt unpaid? if someone’s credit is already shot, say 600, how much damage can repo do?

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