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    News and Articles on Debt Management

    Archives: Debt Management

    Borrowing money 101  Nov 22, 2009
    If you are looking at a personal loan because you are struggling to pay off other debts, then debt consolidation or debt management might be more suitable. for ideas and advice on vehicle finance, home loans, debt consolidation, debt counselling, the National Credit Act, your credit record and debt counsellors. (iAfrica.com)

    Play your cards right  Nov 22, 2009
    Last Upd: 06:07pm 17 Sep 2009. Life Insurance Quote. (iAfrica.com)

    Romantic Gift Ideas for Men  Nov 21, 2009
    The chaos of the holidays, coupled with the pressure to buy a great gift for one's beloved, can cause a person to overspend and can wreak havoc on one's credit card debt management. Shop early, comparison shop, and include some homemade touches in the gift, to create a gift he'll love. (Suite101.com)

    Adviser says borrow now for TEE Center  Nov 20, 2009
    If the commission keeps stalling on issuing bonds -- the trigger for starting the projects, which couldn't get a sixth vote -- the city might get less bang for its buck when it does move forward, said Diane McNabb, the city's financial adviser on debt management, who addressed the subcommittee. "Rates are at historic lows," she said. (The Augusta Chronicle)

    Civil debt summonses soar  Nov 19, 2009
    Last Upd: 11:15am 19 Nov 2009. Life Insurance Quote. (iAfrica.com)

    Burundi--Consultative Group Meeting  Nov 17, 2009
    Against this background, the authorities should (1) continue fiscal consolidation and savings; (2) strengthen debt management capacity; and (3) rely mainly on grants and highly concessional loans to avoid unsustainable debt ... Installation of a computerized foreign debt management system) ... Improved debt management. (IMF News)

    Open Range Energy Corp. Reports Third Quarter Results, Provides Operational Outlook and Announces First-Half 2010 Guidance  Nov 17, 2009
    The Corporation utilizes prudent cash and debt management to mitigate the likelihood of encountering difficulties in meeting its financial obligations. As disclosed in note 6, the Corporation targets a net debt to annualized funds from operations ratio of no more than 2 to 1 to manage the Corporation's overall liquidity risk. (CCNMatthews Press Releases)

    Changes to credit cards add up  Nov 16, 2009
    We are seeing many, many card issuers increase rates to the 27 to 30 percent range, said Dick Reed, a manager for the debt management team at Consumer Credit Counseling Service of Greater Atlanta ... CCCS clients who enter a debt management plan can arrange interest rate reductions to 6 percent to 10 percent. (Atlanta Journal-Constitution -- Metro)

    Money worries  Nov 15, 2009
    Customer worries over debt management firm ... An estimated 150 firms charge 300 000 people for debt management services ... In the last 10 years it has been estimated that the number of debt management companies has increased significantly. (BBC News -- UK)

    3i Infotech's 4 day work week for US staff  Nov 15, 2009
    "Apart from debt management, we plan to focus on cost reduction during the current fiscal. We plan to give a four-day work-week to at least 400 US employees," 3i Infotech's Managing Director and Chief Executive Officer, V Srinivasan, told news agency here. Presently, 3i Infotech has a staff strength of 13,500 with around 4,500 employees working overseas. (India Times)

    Zargon Energy Trust Announces 2009 Third Quarter Results  Nov 12, 2009
    The Trust manages its liquidity risk through cash and debt management. See note 10 for a more detailed discussion. (CCNMatthews Press Releases)

    Public Information Notice: IMF Executive Board Concludes the 2009 Article IV Consultation with Uruguay  Nov 12, 2009
    Directors praised in particular Uruguay s sound macroeconomic policies and skilful public debt management; its robust and well-regulated banking system; its solid external position underpinned by a flexible exchange rate regime; and its advances in poverty alleviation. Low private sector leverage and minimal bank exposure to foreign toxic assets have also helped to limit the transmission of the global crisis to Uruguay. (IMF News)

    National Express to Raise $603 Million in Rights Offer; Cosmen Objects  Nov 11, 2009
    The launch of todays rights issue significantly reduces the groups net debt to a more sustainable level and allows management to focus on value creation for shareholders ratherthanshort-term debt management, Chairman said in the statement. National Express is seeking to reduce net debt that was 1. (Bloomberg -- UK)

    Handle debt issues by exploring all options  Nov 9, 2009
    If a tightened budget doesn't do the job, a debt management plan may be in order ... The credit counseling agency will likely charge a monthly fee of about $20 to work out a debt management plan, but it can be waived if it's unaffordable. (Honolulu Advertiser)

    Personal insolvency rises by 28%  Nov 7, 2009
    People facing spiralling debts are sometimes advised to sign up to a debt management plan, under which a set amount is repaid each month ... "Despite more debt management plans being taken out than any other debt solution there is no central system for registering them and they are not even included in the figures, meaning that this is potentially just the tip of the iceberg.". (BBC News -- Business)

    Beware: Debt-settlement firms often promise more than they can deliver  Nov 6, 2009
    Or, a debt management plan may be in order ... The credit counseling agency will probably charge a monthly fee of about $20 to work out a debt management plan. (Boston Globe)

    Japan's Bonds Heading for Longest Losses Since June 2008 on Recovery Signs  Nov 6, 2009
    But for investors to actually start buying debt, the government needs to show a clear commitment to rebuild finances and dispel the anxiety over its debt management. . (Bloomberg -- Asia)

    Nigeria: Yar'Adua Proposes Budget Worth Billions for Niger Delta  Nov 5, 2009
    " According to the President, the proposed expenditure items would be financed from the Federal Government's share of the Excess Crude Account, proceeds of the soft loan from the World Bank, the use of existing issuance of Federal Government Bonds by the Debt Management Office (DMO) as well as the balance of unspent funds from the 2009 budget. The money to be appropriated, he said, would be "ring fenced" under a similar arrangement made in respect of funding for the National Integrated Power... (allAfrica.com)

    Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with the Solomon Islands  Nov 5, 2009
    In view of the continued moderate risk of debt distress, Directors commended the efforts to implement a sound debt management strategy. Directors noted that the current accommodative monetary stance is broadly appropriate, given the moderation of inflation. (IMF News)

    Debt management under spotlight  Nov 4, 2009
    A watchdog is to put the largely unregulated UK debt management industry under the spotlight to ensure fair treatment for customers ... About 100,000 debt management agreements are reached every year in the UK. ... Separately, the Ministry of Justice is consulting on whether a code of practice or formal regulation should be introduced into the debt management industry. (BBC News -- Business)

    Unpacking Fords Profits  Nov 3, 2009
    Quarterly results and market share (Fords is increasing) are useful for gauging the progress of performance in the auto sector, but as weve learned from the GM and Chrysler bankruptcies, debt management is far more important. For Ford, all that really matters over the next two years is how CEO Alan Mulallys big borrowing gamble of 06 plays out. (Slate)

    Transcript of a Conference Call on the Completion of the First Review of Iceland’s Stand-By Arrangement with Mark Flanagan, Mission Chief for Iceland, and Franek Rozwadowski, Resident Representative in Iceland  Nov 3, 2009
    We'll be looking into a number of issues at this point in time, in particular: the implementation of the restructuring framework for private household and corporate debt, articulation of a medium-term public debt management plan, finalization of the budget in line with the medium-term consolidation plan that has been agreed to with social partners, and the first steps toward capital account liberalization. With that I've concluded my introductory remarks, so let's open the floor for questions. (IMF News)

    Banks await guidelines on credit card tax  Nov 1, 2009
    Bank Negaras Credit Counselling and Debt Management Agency (AKPK) believes that the measure will encourage individuals to use the few credit cards in their possession instead of signing up for many but not using them all. It will also discourage the use of cards as a source of easy credit and reduce credit card debt problems. (The Star Online, Malaysia)

    Key factors in home loan process  Nov 1, 2009
    Debt management becomes critical as 00004000 defaulting could negatively impact your credit rating. Tax benefits. (India Times)

    Debt mountain looms but euro zone can climb it  Oct 31, 2009
    Ultra-low interest rates, a renewed appetite for risk among cash-flush investors and the possibility that tougher capital rules for banks could boost demand for sovereign debt, are also helping governments finance their immediate needs, said Philippe Mills, head of France's debt management agency. This buys them time to work on plans to stabilise public finances in the medium term - the next five years or so. (Sydney Morning Herald -- Business)

    Press Release: IMF Completes First Review Under Stand-By Arrangement with Iceland, Extends Arrangement, and Approves US$167.5 Million Disbursement  Oct 29, 2009
    In light of Iceland s higher public debt, a full medium-term public debt management strategy needs to be articulated in time for the next fiscal year. Resuscitating the financial sector has proven to be a complex challenge, but important milestones have been reached with the recapitalization of New Kaupthing and Islandsbanki. (IMF News)

    TSYS quarterly profit falls to $55 million  Oct 28, 2009
    TSYS completed the sale of TSYS Total Debt Management and recognized a one-time loss in discontinued operations of $3. 3 million in the third quarter of 2009. (Atlanta Business Chronicle, GA)

    White debt domination  Oct 22, 2009
    Snyman delivered the findings at the Safari conference into debt management at Fourways in Sandton. The research which canvassed more than 10000 consumers nationwide by Consumer Assist and associated debt counsellors showed that men were most likely to come forward for help with 58. (iAfrica.com)

    Debt relief organizations face Attorney General lawsuits  Oct 20, 2009
    Such legislation, CSA said, would require all companies providing debt management and settlement services to have their agents accredited, licensed, bonded and in compliance with other practices to ensure disclosure and transparency. Someone who answered the phone at American Debt Arbitration said he had no comment on the lawsuit. (Tampa Bay Business Journal, FL)

    Eskom must raise debt to spread cost of expansion fairly  Oct 20, 2009
    If such debt management considerations were to influence the electricity tariff, this would mean far higher prices for electricity than would make any economic sense. It would seriously undermine the ability of the economy to compete in the global markets of which it is so much a part. (Business Report, South Africa)

    For some, bankruptcy is a way out  Oct 18, 2009
    "Personal bankruptcy generally is considered the debt management option of last resort because the results are long-lasting and far reaching," the Federal Trade Commission reports. "People who follow the bankruptcy rules receive a discharge - a court order that says they don't have to repay certain debts. "However, bankruptcy information (both the date of your filing and the later date of discharge) stay on your credit report for 10 years, and can make it difficult to obtain credit, buy a home,... (Brainerd Daily Dispatch)

    Japan's 10-Year Government Notes Decline on Signs Global Recession Easing  Oct 16, 2009
    Concerns over debt management may push up bond yields temporarily, said , a Tokyo-based market analyst at Mizuho Securities Co.. Japans debt burden will probably spiral to 197 percent of gross domestic product next year, according to the Organization for Economic Cooperation and Development. (Bloomberg -- Japan)

    State reports low debt settlement rate  Oct 16, 2009
    Attorney General John Suthers' first annual report on debt management activity details the success rates, failure rates and fees of Colorado's debt settlement and credit counseling businesses between 2006 and 2008 ... The data, gathered and published by the Office of the Attorney General's Consumer Protection Section, is required by the Colorado Uniform Debt Management Services Act, which took effect Jan. 1, 2008 ... The law required that companies entering into debt management contracts with... (Denver Business Journal, CO)

    Bank Group President Focuses on Financial Crisis and Other Issues While in Istanbul  Oct 12, 2009
    Speaking on BBC Focus on Africa on the sidelines of the Annual Meetings, Mr. Kaberuka said that growth was very strong for Africa prior to the crisis, adding that it was important for an intelligent debt management strategy to be designed on the continent. Contacts. (allAfrica.com)

    Is it impossible to save?  Oct 10, 2009
    Andy Gilder, General Manager of Justmoney, says that while interest in their savings products remained steady over the last five months, the rise in application for products like debt management would suggest that South Africans may be using any spare money that they have to service existing debt ... "Qualified debt counsellors will assess your finances and advise you on the right course of action, whether that action is debt management, debt counselling or simply finding ways to cut your... (iAfrica.com)

    Namibia: City Cannot Repay Loans  Oct 10, 2009
    In addition, the municipality seems to have scrapped its debt management incentive scheme. The City set aside N$105 000 last year to encourage residents to pay their bills, but no such provision has been made in the current budget. (allAfrica.com)

    Fresno Co. bond debt scrutinized  Oct 7, 2009
    David Leifer of KNN Public Finance praised the county for "exemplary" debt management. His company was paid $35,000 for the report. (Fresno Bee)

    Beware of quick fixes  Oct 7, 2009
    Unlicenced debt management companies are targeting consumers struggling to deal with their finances. South Africa's economy is in recession for the first time in 17 years and cash-strapped consumers are turning to unlicensed credit rescuers who end up stealing their money. (iAfrica.com)

    Press Release: IMF Reaches Agreement in Principle with the Dominican Republic on a US$1.7-Billion Stand-By Arrangement  Oct 7, 2009
    This adjustment will be supported by an ambitious agenda of structural reforms, including improvements in tax administration and a sharp reduction and rationalization of tax exemptions; electricity sector reforms; improvements in banking supervision; the implementation of an inflation targeting framework; and a strategy for developing domestic capital markets and public debt management. We applaud the authorities for their strong program of policies, which demonstrates their commitment to... (IMF News)

    EU treaty stirs Irish grassroots  Sep 30, 2009
    There is buying and selling all around - but there are also advice sessions on debt management. The upcoming treaty referendum is not top of the agenda here. (BBC News -- Europe)

    Crisis heightens investor awareness  Sep 26, 2009
    Credit Counselling and Debt Management Agency (AKPK), set up by Bank Negara in 2006, is aimed at helping individuals in managing debts like hire purchase, mortgage, personal loans and credit cards. In an e-mail reply to StarBizWeek, a AKPK spokesman said one of the most challenging issues for Malaysians was the lack of financial planning, which led to insufficient savings for emergencies and retirement needs. (The Star Online, Malaysia -- Business)

    Your Money: New Debt Management Rules  Sep 24, 2009
    If the Great Recession has taught people one thing, it's this: They need to take charge of their finances. AP Personal Finance Editor Trevor Delaney explains. (The Augusta Chronicle)

    She's digging out from $80,000 in debt  Sep 23, 2009
    " The credit card companies did not respond to her plea. Instead, she was directed to the debt management program of the nonprofit Consumer Credit Counseling Service, part of Money Management International. Counselor Eric Jackson helped Warfield analyze her bills and expenses and created a plan to help her get lower interest rates. Now she makes a single monthly payment. "I don't even have to think about it, which makes it a lot easier for me, because when you have a lot of debt, it's not just... (CNN)

    Six steps to debt freedom  Sep 22, 2009
    Last Upd: 06:55am 22 Sep 2009. R3,000 free @ Prestige Casino. (iAfrica.com)

    Don't let repossessed auto drive down credit rating  Sep 21, 2009
    RESEARCH BEFORE ENLISTING DEBT MANAGEMENT HELP. Some businesses offer assistance in debt management and repo prevention. Be extremely wary of offers and sales pitches that require upfront fees, and always research the organization with the BBB before you do business with them. (The Augusta Chronicle)

    Unlikely suspects walk away from mortgages  Sep 21, 2009
    Experian, one of the three national credit bureaus, teamed with consulting company Oliver Wyman to identify the characteristics and debt management behavior of the growing numbers of homeowners who bail out of their mortgages with none of the expected early warning signs, such as nonpayments or late payments on other personal debts. With foreclosures, delinquencies and loan losses at record levels, strategic defaults and walkaways are among the hottest subjects in residential real estate... (San Francisco Chronicle)

    Once $106,000 in the hole, now theyre debt-free  Sep 21, 2009
    Linda reviewed their finances, and developed a five-year debt management plan. While the schedule was daunting, the Hildebrandts signed on. (MSNBC -- Business)

    How to avoid the repo man  Sep 19, 2009
    Do your research before enlisting any debt management help. Some businesses offer assistance in debt management and repo prevention. (Belmont Citizen Herald, MA)

    Press Release: Statement at the Conclusion of an IMF Staff Visit to Paraguay  Sep 19, 2009
    Steps are being taken to improve planning and debt management capacity. In addition, the government has started to strengthen the mechanisms for the oversight of state-owned enterprises and to develop a viable business strategy for each of these enterprises. (IMF News)

    Transcript of a IMF's Conference Call on the Publication of the Paper Crisis-Related Measures in the Financial System and Sovereign Balance Sheet Risks  Sep 18, 2009
    They should be assessing whether their debt management strategies need tweaking, for example, by lengthening maturities again and they should be working to restore level playing fields. Moving to the exit phase, it will be important for governments to announce medium terms fiscal plans as soon as they find feasible. (IMF News)

    Debt management may be regulated  Sep 18, 2009
    The government is launching a consultation about the future of debt management companies, which are currently largely unregulated ... Government officials do not want this to be seen as a crackdown on debt management companies, but they say there is a need to examine the system more closely and find out whether customers are getting appropriate help tackling their debt problems ... About 100,000 debt management agreements are reached every year. (BBC News -- Business)

    Public Information Notice: IMF Executive Board Discusses the Management of Crisis-Related Interventions in the Financial System  Sep 16, 2009
    Directors considered that domestic debt management strategies should be reviewed to ensure they are robust to the recent changes in the sovereign balance sheet. They also noted that the development of comprehensive fiscal risk statements would help guide operational frameworks for managing contingent liabilities. (IMF News)

    Deal With Debt  Sep 16, 2009
    Manage your debt the right way by putting together a debt management plan. And, don't use your home equity to pay off your credit cards. (W-USA News, DC)

    Finance reforms put on track  Sep 12, 2009
    Work, however, is underway to create an independent debt management office, a major step which will radi-cally change the way government borrowings are managed. On the disinvestment front, the government seems to have gained momentum. (India Times)

    Encore Capital Group Settles Legal Dispute  Sep 9, 2009
    SAN DIEGO, Sept. 8 /PRNewswire-FirstCall/ -- Encore Capital Group, Inc. (Nasdaq: ), a leading distressed consumer debt management company, today announced that it has settled a pending legal dispute with Jefferson Capital Systems, LLC and its parent, CompuCredit Corporation. Under the terms of the settlement, all of the parties' obligations relating to the purchase and delivery of accounts under the Asset Purchase and Forward Flow Agreement dated June 2, 2005, as amended, as well as the related... (PR Newswire)

    Kaiser Permanente grants $1M to fund NorCal programs for the poor  Sep 9, 2009
    They were made in amounts of $50,000 and $75,000 to 17 organizations that offer essential services ranging from food and shelter to debt management counseling and job training services. Targeted organizations are located in areas disproportionately affected by the recession, Kaiser said, based on indicators such as unemployment, poverty and foreclosure rates. (Sacramento Business Journal, CA)

    Government borrowing: More where that came from  Sep 3, 2009
    WHEN Robert Stheeman became managing director of Britain s Debt Management Office (DMO) in 2003, annual sales of gilts, as government debt securities are known, had doubled to 50 billion in a year. The fiscal devastation wrought more recently by the credit crunch and recession have thrown those once eyebrow-raising figures into the shade. (The Economist)

    Tough to revive household spending  Aug 31, 2009
    As if to signal the changing generation with shifting attitudes towards savings, the Credit Counselling and Debt Management Agency (AKPK) came into being in 2006. The agency that helps households facing financial difficulties received close to 150,000 enquiries in 2008 alone, and more than 70,000 customers had received assistance. (The Star Online, Malaysia -- Business)

    Viral Genetics Completes Second Major Debt Conversion  Aug 27, 2009
    According to Viral Genetics' CEO Haig Keledjian, "We are extremely pleased to have completed this debt conversion that results in the elimination of substantially all of the company's financing-related debt accumulated over the last 3 years. Not only is it a show of confidence by our primary investors, but this step enhances our ability to focus on pursuing new capital from new sources and make executing our business plan our top priority, rather than debt management.". This transaction... (PR Newswire)

    Govt may allow repurchase agreements in corp bonds: Finmin  Aug 25, 2009
    "Permitting repos in corporate 00004000 bonds is proposed to be put in place shortly. We are also moving ahead to set up an autonomous debt management office," Mukherjee said, declining to give any specific timeframe. Analysts said introducing repos in corporate debt will deepen market liquidity and develop the fledgling market. (India Times)

    Govt working to raise income generation: FM  Aug 25, 2009
    On reforms, Mukherjee said the government was moving ahead with setting up an autonomous debt management office and all efforts were being made to implement a goods and services tax from next year. The new tax reform bill will be presented in parliament after public debate and the government would soon introduce repos in the corporate debt market. (India Times)

    Gnat’s Landing hosts anniversary party  Aug 23, 2009
    The course will cover topics such as money and debt management; choosing the right mortgage knowing and understanding your credit; and opening the door to a home of your own. For more information, call (706) 208-0048. (Athens Banner-Herald)

    Japan Turns to Taxi Cabs for Help in Selling Bonds as Budget Deficit Grows  Aug 23, 2009
    We are targeting those people with money for retirement, said , director of debt management policy for the government in Tokyo. Finance Minister Kaoru Yosano is borrowing record amounts to help pull the economy out of its deepest postwar recession, increasing national to 684. (Bloomberg -- Japan)

    Nigeria: Bank Chiefs to Remain in Custody, Says Anti-Crimes Body  Aug 21, 2009
    The apex bank sacked the bank chief executives for incompetence on debt management and consequently injected N400billion to boost their operations. The affected banks are Intercontinental Bank, Oceanic Bank, Union Bank, Finbank and Afribank. (allAfrica.com)

    Macquarie Airports loss widens on asset changes  Aug 21, 2009
    Proactive debt management has ensured that our airports maintain appropriate capital structures. We maintain a conservative stance towards capital management, notwithstanding some improvement in operating and financial conditions. (Sydney Morning Herald -- Business)

    Microsemi settles DOJ suit  Aug 21, 2009
    "These additional agreements we've signed with our Department of Justice law enforcement partners Israel quietly halts settlement building permits Israel has quietly moved to halt new housing projects in the West Bank, while outwardly rebuffing U.S. pressure to stop construction in its settl 00002DAD ements, Israeli government officials, peace activists and settlers said Tuesday. It isn't the full settlement freeze the Obama administration has been demanding, but it indicates that Israel is... (Fresno Bee -- Business)

    Suit: Debt collectors scam residents  Aug 19, 2009
    Professional Debt Management uses scare tactics, leaving messages on consumers phones that there is an emergency, Koster said. Like Portfolio, Professional Debt Management tries to collect on accounts already paid or from the wrong party, he said ... Professional Debt Management referred questions to its lawyer, Jeffrey Zimmerman, who declined to comment because he hadn't seen the lawsuit yet. (St. Louis Business Journal, MO)

    Debtors File Class Action Alleging Attorneys Conspired to Defraud  Aug 18, 2009
    In a federal class action suit filed on Aug. 6, the plaintiffs allege two Texas lawyers conspired with others to defraud debtors who sought help because of credit card and unsecured debt and to "evade" Texas laws that regulate consumer debt management services, attorney-client solicitation and lawyer advertising ... The plaintiffs, three residents of San Antonio, bring a participatory liability-conspiracy cause of action against all the defendants and also bring causes of action under the Debt... (Law.com)

    ADB provides $100 mln for finance reforms in India  Aug 18, 2009
    The program aims to help the state government create fiscal space by taking steps to raise additional revenue from tax and non-tax sources, and improve debt management including pre-payment of high cost loans. The program also focuses on strengthening service delivery in the education and health sectors. (Xinhuanet, China)

    101 Financial Isle-based firm a fast grower  Aug 13, 2009
    It uses in-home visits by instructors to provide budgeting techniques, banking strategies, debt management and credit building services. "We are honored to be part of an elite group of successful companies that are fast-growing by servicing their customers' needs and creating new jobs as their companies grow," said Akina, president of 101 Financial. (Honolulu Advertiser)

    K Street Files: Meet Fred Wertheimer 2.0  Aug 13, 2009
    Fettig also recently registered to lobby for debt management company CareOne Services Inc.. K Street Moves. (Roll Call)

    RBS shares sink as Citizens Financial's loan losses multiply  Aug 10, 2009
    Significant investment has been made in problem debt management capability, RBS said in its financial release. Loan modification options are being used where appropriate to support troubled customers, including government-sponsored programs. (Boston Business Journal, MA)

    Financial feminism  Aug 10, 2009
    Academic research into debt management answers why some people save and others don't. Financial feminism. (iAfrica.com)

    Sallie Mae and Upromise Investments Award Newlyweds, Both Liver Transplant Recipients, with $15,000 to Help Pursue Higher Education Dreams  Aug 7, 2009
    Sallie Mae and its subsidiaries offer debt management services as well as business and technical products to a range of business clients, including higher education institutions, student loan guarantors and state and federal agencies. More information is available at. (Yahoo! Wire -- Entertainment News)

    Live Debt Free and Increase Income  Aug 4, 2009
    Debt management and relief programs are easily available to those individuals who are in financial turmoil, however, other helpful alternatives do exist outside of professional assistance and consultation. Manage Debt and Increase Income. (Suite101.com)

    Best short-term returns  Aug 4, 2009
    Academic research into debt management answers why some people save and others don't. Best short-term returns. (iAfrica.com)

    The key to becoming rich  Aug 3, 2009
    Sbusiso Kumalo explains. "Its also important to be aware of fees, because on small amounts the fees can exceed the interest and your money may become less. For example, at seven percent interest your balance must exceed R700 to cover a monthly fee of R4. If, however, your monthly fee is R15 per month, your money will become less unless you have saved at least R2600," says Kumalo. (iAfrica.com)

    Apax Partners Launches $28.50 Per Share Cash Tender Offer for All Outstanding Shares of Bankrate, Inc.  Jul 29, 2009
    com is a destination site of personal finance channels, including banking, investing, taxes, debt management and college finance. Bankrate. (PR Newswire)

    TSYS Q2 profit sinks  Jul 29, 2009
    TSYS also reported it is in negotiations with a potential buyer for TSYS Debt Management, a subsidiary involved in the legal collections management and bankruptcy processing business. Reader Comments. (Atlanta Business Chronicle, GA)

    Experts answer your credit questions  Jul 28, 2009
    Debt management plans will lower your interest rate and help you get out of debt within 3 to 5 years. Your counselor can also review your housing situation and possibly refer you to a housing counselor to get some mortgage relief. (Atlanta Journal-Constitution -- Business)

    Moody's mulls IDC, DBSA rating downgrades  Jul 27, 2009
    Supporting the upgrade to the foreign currency sovereign rating was the government's astute debt management and the fact that South Africa had been more resilient to the global crisis, with the banking system feeling little direct impact due to the prudent regulatory environment. But the local currency rating was downgraded because of medium-term debt related to the massive infrastructure spending and more generous social transfers, Moody's said. (Business Report, South Africa)

    Help is at hand  Jul 26, 2009
    If walls have ears, then those at the Credit Counselling and Debt Management Agencys premises in Kuala Lumpur would hear many a sad tale of out of control debt ... The Credit Counselling and Debt Management Agency more familiarly known by its Malay acronym, AKPK, for Agensi Kaunseling dan Pengurusan Kredit is a subsidiary of Bank Negara Malaysia that provides free financial education and counselling and debt management services to individuals who are in financial trouble because they spend... (The Star Online, Malaysia)

    Personal Finance Expo to draw 16,000  Jul 25, 2009
    Event organizers say the goal is to educate people of all ages about topics such as debt management, investments, retirement plans, employment and entrepreneurship and even the basics of starting a new business. The expo is expected to attract 16,000 attendees. (Pacific Business News, HI)

    Nigeria: Reps Stop Yar'Adua From Collecting Foreign Loans  Jul 25, 2009
    The MPs in a motion sponsored by Rep Halims Agoda(PDP,Delta State) supported by 50 others also mandated the joint committee on Aids, Loans and Debt management and Justice to investigate the rationale behind the $ 3 ... The motion resolved: "to mandate the Joint committee on Aids, Loans and Debt management and Justice to as a matter of urgency, investigate under what platform and approval these foreign loans are being sought, processed, drawn, utilized, and their relevance to the needs of... (allAfrica.com)

    Vegas-area school district mulling new bond issue  Jul 25, 2009
    They say they will ask the Clark County Debt Management Commission next month to approve financing the interest-free bonds through real estate transfer taxes and room taxes. District financial chief Jeff Weiler says the bonds would be part of a federal stimulus package. (San Francisco Chronicle -- Science)

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