You Searched For "debt trap" and got 20 results
Sort By:
These student-loan borrowers qualify for debt cancellation through the government, but they're struggling to get the same relief on their private balances: 'I feel so defeated. I feel trapped.'
Biden forgave student loans for borrowers who went to schools accused of fraud. Private borrowers a…
Ayelet Sheffey
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
A major student-loan company is 'improperly' rejecting some borrowers for debt cancellation they qualify for, 18 Democratic lawmakers say
Sen. Elizabeth Warren is leading her colleagues in asking student-loan company Navient for answers …
Ayelet Sheffey
78,000 student-loan borrowers in public service are getting $6 billion in debt wiped out after facing 'logistical troubles and trap doors'
Biden will also email an additional 380,000 student-loan borrowers in public service to inform them…
Ayelet Sheffey
Want to feel better about your finances? Do these 5 things right now!
Whether it is health, relationships or finances, each of these plays a very important role in our l…
This multibagger is charting a growth path after escaping a debt trap
Usha Martin's stock has surged over 130% in the past year, with analysts still optimistic about its…
Vacations, planes, and high-speed trains are off limits if you're in too much debt in China
So-called deadbeat debtors are stigmatized, face travel restrictions and have trouble getting gover…
Camilo Fonseca
China now bails out countries after pushing them into 'debt-trap'
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countri…
ANI
Dollarization is the only way out for Argentina from its deepening debt trap, top economist Steve Hanke says
The top economist's comments as the South American nation struggles with a collapsing currency, tri…
Zahra Tayeb
Gen Xers should be thriving. Instead, they're drowning in debt.
Gen X is the forgotten middle child of generations. And, like other middle children, they might be …
Juliana Kaplan
In Pakistan, millions are trapped in modern-day slavery at brick kilns, working dangerous jobs to pay off snowballing debts
Bilawal Bhatti and Maqbool Ahmed
Isaiah Reynolds,Olivia Nemec,Havovi Cooper,Kashif Khan
Gautam Adani’s overly ambitious growth plans can spiral into a massive debt trap: CreditSights report
Billionaire Gautam Adani, the world’s fourth richest man, has entered several new businesses in the…
Generation Precarious: How young people wound up trapped in a volatile cycle of saving, spending, and debt that will haunt them for decades
The whiplash of scarcity and splurging during the pandemic is going to reshape the economy — and ou…
Juliana Kaplan
Investment FOMO? Here’s why you shouldn’t fall for the comparison trap
Ahmedabad-based Pranav Jain found out when talking to a colleague that the colleague was investing …
Neck deep in debt? Here’s how some companies are helping habitual borrowers consolidate their loans
There were creditors coming home and harassing him. That’s when he came across the contact of a …
China's economy is trapped in a downward spiral that authoritarian regimes are doomed to repeat
Like other authoritarian regimes, China's economic development is following a predictable pattern, …
Filip De Mott
Here why it’s best to stay away from these loans than fall into debt trap
View this post on Instagram A post shared by Business Insider India (@businessinsiderin)
Argentina should avoid dollarization as it can trap the country in Ecuador-like economic morass, one economist says
"Some in Argentina romanticize Ecuador's dollarization. Reality is different," IIF's chief economis…
Zahra Tayeb
China should sacrifice the yuan to avoid falling into a vicious cycle of debt and deflation, economist says
"But if the price of saving the economy from entrenched deflation is a weaker renminbi, it is a pri…
Jason Ma
Meet a man with $47,000 in student debt who's been trapped in a student-loan repayment 'bureaucracy nightmare' for nearly 3 decades without the debt cancellation he was promised
Jason Harmon qualified for student-loan forgiveness 2 years ago — but his paperwork is missin…