One of the most commonly asked questions when people are facing a mountain of debt and are worried because they cannot make their monthly payments is “how do you ask credit card companies to reduce your balances?” Many people find themselves in this predicament and fear filing for bankruptcy may be their only option. [...]
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The euro had a weak performance today losing versus the greenback and the dollar after Greece credit rating was downgraded by a financial agency, bringing risk aversion up in European stock markets.(…)Read the rest of Greek Credit Rating Pulls Euro Down (68 words)
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The Euro continues to be weighed by concerns over Greece’s debt downgrade and the implications for the region’s financial system. The sterling hasn’t been a standout itself with the U.K.’s budget deficit reaching the highest levels since record keeping began in 1993, creating its own credit rating concerns. The concurrent bearish sentiment has left the [...]
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The U.K. budget deficit jumped to 20.3 billion pounds in November, the largest since records began in 1993. Although nearly double the 10.2 billion pounds the month prior, the total net public borrowing missed estimates of 23.0 billion pounds.
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Related PostSdanP reserves judgment on UK credit [...]
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