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Ayelet Sheffey   


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7 mins read

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…

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2 mins read

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   


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2 mins read

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   


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3 mins read

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…

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4 mins read

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…

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2 mins read

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   


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5 mins read

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   


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2 mins read

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   


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3 mins read

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   


Isaiah Reynolds,Olivia Nemec,Havovi Cooper,Kashif Khan   


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4 mins read

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…

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11 mins read

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   


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5 mins read

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 …

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3 mins read

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 …

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2 mins read

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   


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5 mins read

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)

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1 min read

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   


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2 mins read

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   


Ayelet Sheffey