When you’re ready to retire, look at the future

Brazil is about to enter a new era as it begins the process of winding down its state-run power utility.The country has been grappling with the crisis of electricity prices since a devastating gas explosion in March 2011 killed more than 700 people, sparking protests that forced President Michel Temer to resign and force Rousseff […]

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Why some lenders are selling out to banks, brokers, and hedge funds

Some lenders and brokers are turning to more sophisticated ways of financing debt for a growing number of borrowers, who are wary of paying the high interest rates and risk of default, according to research and banking executives.The moves come as investors are buying up assets that were previously held by companies that were insolvent, […]

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The most ridiculous debt repayment rates we’ve seen

The most outrageous debt repayment rate we’ve ever seen for the United States is $1,400 per month.The average monthly payment for borrowers is $9,300, according to data from Bankrate.com.The United States has one of the highest debt-to-income ratios of any major country, according a study from the Financial Times.It’s even higher in the Northeast.The debt-purchase […]

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