Debt Settlement News

The Latest News and Developments For
Consolidating Your Debt

Debt Relief's Latest Breaking News

• Letter: Rating Greek Debt New York Times - Feb 20 3:20 PM Standard & Poors has long viewed Greeces creditworthiness as being on a downward trend.
  
  
• EU considers 25 bln euros for debt-hit Greece: report AFP via Yahoo! News - Feb 20 2:17 PM
  
  
  
• UK debt poisoned chalice - Hague BBC News - Feb 20 8:53 PM The Labour government is driving up UK debt to cause difficulty for an incoming administration, the Tories have said.
  
  
• Blackstone Strikes Deal on Hilton Debt TheStreet.com - Feb 20 2:00 PM The private-equity firm has reached a deal to restructure the debt of Hilton Worldwide, its largest investment, according to media reports.
  
  
• Reserve Bank at odds with Joyce's view of debt North Queensland Register - Feb 20 11:11 PM RESERVE Bank governor Glenn Stevens has declared himself at odds with Coalition finance spokesman Barnaby Joyce and questioned Mr Joyce's fitness for the job, telling a parliamentary committee he had ''yet to meet a finance minister who has ever mused any possibility about debt default of his own country''.
  
  

The last two deal with reducing the interest rate of your debt load. Reducing the principal can result becoming debt free in just 1-3 years at your current monthly payment rate, possibly lower. Many people face a financial crisis some time in their lives. But often, credit card debt can be overcome. If you are in financial hot water, consider these options: credit counseling from a reputable non-profit organization, debt consolidation or bankruptcy.