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58% of Millennials, Nearly Half of All Student Borrowers Have Missed a Payment

44 million Americans have amassed $1.4 trillion in student loan debt, and nearly half of all borrowers have missed a payment. Among millennials, 58% have missed a payment......»»

Category: blogSource: 247wallstMar 17th, 2017

One More Way Student Loans Are Crippling the Economy

College debt leaves millions unable to save for retirement. Millennials are delaying just about everything, from buying their first car or home to getting married and having kids. Student debt is frequently cited as a reason for the delays—and.....»»

Category: topSource: timeOct 18th, 2016

Moody"s withdraws debt-laden RCom"s credit rating after missed payment

The rating withdrawal follows a default on interest payment on a foreign bond.....»»

Category: topSource: business-standardNov 18th, 2017

Majority Of Millennials Say They"re Having A "Quarter-Life Crisis"

Burdened by an unprecedented pile of debt and facing a job market that is rapidly hollowing out, it’s no wonder a shocking number of millennials feel like they’re living through a crisis. Unsurprisingly, a LinkedIn survey .....»»

Category: blogSource: zerohedgeNov 16th, 2017

Reliance Communications says not making any payment to lenders now

Reliance Communications has said it plans to implement its debt resolution proposal within the standstill period.....»»

Category: topSource: business-standardNov 15th, 2017

Yes, you can save for college and retirement

Millennials know student loan debt......»»

Category: topSource: foxnewsNov 14th, 2017

S&P Rules Venezuela in Default on Interest Payment

Venezuela was ruled in default on a missed interest payment by S&P Global Ratings, pushing the cash-strapped South American country and its creditors one step closer to a reckoning of its $150 billion debt load......»»

Category: topSource: wsjNov 14th, 2017

Venezuela just defaulted, moving deeper into crisis

Venezuela, a nation spiraling into a humanitarian crisis, has missed a debt payment. It could soon face grim consequences......»»

Category: topSource: moneyNov 14th, 2017

College debt fears have millions turning to sugar daddies

A growing number of students are turning to dating sites to find Sugar Daddies and Mommas for help with college costs. Christina, a 29-year-old Sugar Baby and MBA student living in Las Vegas, talked to........»»

Category: topSource: moneycentralNov 13th, 2017

College debt fears have millions turning to sugar daddies

A growing number of students are turning to dating sites to find Sugar Daddies and Mommas for help with college costs. Christina, a 29-year-old Sugar Baby and MBA student living in Las Vegas, talked to........»»

Category: topSource: moneycentralNov 13th, 2017

Venezuelan Debt Crisis Widens, With Power Company in Default

The utility failed to make a payment within the grace period, and similar deadlines loom on securities issued by the government and state enterprises......»»

Category: dealsSource: nytNov 10th, 2017

Manufacturer could become Albany region"s most valuable public company

Sealant and coatings manufacturer Momentive Performance Materials is about to start trading on the New York Stock Exchange as the company prepares to raise money to pay off $229 million in debt......»»

Category: topSource: bizjournalsNov 10th, 2017

After Square"s Q3 Beat, Analysts Tackle The Payment Platform"s Future

Shares of Square Inc (NYSE: SQ) erased early morning losses Thursday and were trading higher by around 0.50 percent in reaction to the company's third-quarter earnings report and gu.....»»

Category: blogSource: benzingaNov 9th, 2017

Millennials are loving Nvidia ahead of its earnings report (NVDA)

Sascha Schuermann / Stringer / Getty Images Nvidia is set to report third-quarter earnings on Thursday after the bell. Users of the Robinhood stock trading app are buyi.....»»

Category: topSource: businessinsiderNov 9th, 2017

Survey Shows Millennials Are More Afraid Of Debt Than Death

Credit card debt is something that haunts the daily lives of many people. Whether it’s through choice or circumstance, millennials have managed to rack up over $800 billion in credit card debt, and tha.....»»

Category: blogSource: valuewalkNov 8th, 2017

Cost to Insure Against a Venezuelan Default Hits Record

The cost to insure against a debt default in Venezuela rose to an all-time high Wednesday, reflecting growing investor concern that the country isn’t following through on a pledge to make a payment......»»

Category: topSource: wsjNov 8th, 2017

Do Credit-Shy Millennials Have It Right?

Younger adults are among the least likely to carry credit card debt -- but a big reason is that they're not opening credit cards in the first place......»»

Category: topSource: foxnewsNov 5th, 2017

Robinhood, a stock-trading app built for millennials, is growing up

Robinhood Robinhood, the San Francisco brokerage known for offering commission-free stock trading, has unveiled a new web platform where users will be able to buy and sell stocks and use a suite of new investor tools. .....»»

Category: topSource: moneycentralNov 5th, 2017

Robinhood, a stock-trading app built for millennials, is growing up

Robinhood Robinhood, the San Francisco brokerage known for offering com.....»»

Category: topSource: businessinsiderNov 5th, 2017

"Tomorrow Will Be Ugly": Venezuela To Restructure All Debt As Creditors Panic Over Imminent Default

One week ago, we and many others wondered, if the time has finally come for Venezuela, which was facing a "no grace period" $842 million principal payment for bonds issu.....»»

Category: blogSource: zerohedgeNov 2nd, 2017