Australians Plan to Pay Off Credit Card Balance with an Average of $2,344 Tax Refund Expected in 2010
With the average tax refund of $2,344 this financial year, most Australians plan to use the windfall to pay off their personal debt such as credit card balance.
How your credit card affects your credit rating
Reckless spending on credit cards will lead you into a maze of spiralling debt before you realise what hit you!
Finance authorities play down local government credit risks
China’s Finance Ministry and banking regulator Thursday moved to instill confidence in local government financing vehicles, dismissing speculation of widespread bad-loan risks.
KKR, Bain Companies Repay Leveraged Loans as Economy Sours: Credit Markets
Speculative-grade companies are doubling the rate at which they’re repaying leveraged loans, selling debt to curb the likelihood of rising defaults even as the U.S. economy shows signs of slowing.
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