Home loans are typically long-term, lasting anywhere between 10 and 25 years, they leave borrowers indebted for the major part of their active life. Settling for long-term loans, however, helps spread the repayments over time, sparing funds for more pressing needs but at a higher cost. What if the loan can be paid up much […]
5 Steps of Effective Debt Consolidation
Recurring and ever increasing monthly debts! How do you deal with them? Are the loans and debts you are currently servicing frustrating you? Is you financial state dire and are you in need of a better monthly repayment plan? Well, have you considered debt consolidation? For starters, debt consolidation is a debt relief strategy that […]
Buried in Student Debt? Make your Way out
According to The Buffalo News, American college graduates carrying the burden of educational loans have an average net worth of $8,700! Now, those who have no such liability have a net worth of $64,700. This is seven times more than college graduates who are burdened by educational loans! This debt-ridden situation is reflecting in the […]
FTC Continues to Warn Consumers About Debt Settlement Fraud
As consumers are still working towards eliminating their heavy debts, many are still turning to third-party companies for relief and assistance in managing their debts. Debt settlement companies can be an asset to those who find it difficult to negotiate and pay off the debts they still owe creditors. Debt settlement companies work on […]
Nigeria’s massive borrowing: China’s $900M, Eurobond $500M and other debts
http://afripol.org/afripol/item/219-nigeria%E2%80%99s-massive-borrowing-china%E2%80%99s-$900m-eurobond-$500m-and-other-debts.html Nigeria is steadily but gradually accumulating foreign debts Nigeria is leveraging her good credit standing for massive and staggering borrowings. The dizzying amount of money that numbers in billions of dollars will be flowing into Nigeria’s coffers. Nigerian government has confirmed that it secured a $900 million loan from China after she signed the […]
Nigeria’s Olusegun Aganga: Monitoring the increasing external debt and rising inflation
strategist@afripol.org www.afripol.org Nigeria has a new Minister of Finance, Olusegun Aganga a managing director at Goldman Sachs branch in Britain. Aganga, a free marketer has a substantial experience in private industry together with his academic brilliance, he can efficiently manage and oversee Nigeria’s financial house. The minister of finance must be ready and keen to make sure that […]
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