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In Romania only, the debts with more than 30 days overdue are reaching 4.459 billion LEI (more than 1 billion EUR) this year. This is +60% than in 2009. Today, more than 714,000 people have overdue debts in this country (1500 EUR per debtor as an average).As the financial crisis plunges many people into debt, in Romania as well as in Greece,...more
ECB Bond Purchase - How will it affect the Euro The ECB kept interest rates on hold yesterday as expected. The real news was the announcement of further bond purchases. A bond is where a lender buys a debt with an agreement that it will be sold back at a higher price in the future . So if you bought a bond from me for £50, I might...more
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Cred Card Debt Free – How Expert Negotiators Can Eliminate Your Debt To clear debt, American consumers are working in different ways and programs. From credit counseling to bankruptcy and all in between, it seems to be a national goal these...more
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