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Sunset financing: How much do you need to borrow?

As debt continues to climb, the cost of borrowing is rising.But if you’re a senior who’s trying to save for retirement or are in the midst of an emergency fund, there’s more you need.We asked senior debtors what their priorities were for the coming year, what they thought would happen in the debt market and […]

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Why you should borrow on Volkswagen’s $2.8 trillion credit line

A VW stock bond that sells for $12.70 now trades for $1.96.The company has $2 billion of the debt outstanding, and the company is working on repayment plans.Volkswagen shares have soared more than 30 percent this year, and it’s now trading above $100.Volkswagen has said it expects to pay about $1 billion in interest this […]

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Bankers: Don’t pay for your kids education using crypto coins

Crypto coins are not as popular as other cryptocurrencies in the U.S. but that’s only because they’re the most popular cryptocurrency at the moment.The U.K. has the largest crypto market, but its market cap is still dwarfed by China’s.The U.P. has a similar size market, with a total market cap of $2.6 trillion.But with China […]

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‘This is the first time we’ve ever been to a debt auction’: Why you need to know about it

Reddit’s debt-funding service, which lets users borrow money without the need for a credit card or bank account, will go on sale for the first public auction this week.But for now, the platform will not give users access to a “debt” toolkit.“There is not a debt-tracking app out there,” said a Reddit employee.“It’s just an […]

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Why can’t we just pay off our debt?

What if your credit card debt is really just a way to earn money?The problem with this, as you may have heard, is that you’re not getting any of it back.In fact, most people who have been borrowing on their credit cards are going into debt to make payments on their cars, their houses, and […]

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