Households have £45bn more debt on credit cards, personal loans and overdrafts compared to the start of 2010 - growth of 25% in 10 years, Bank of England data shows.

Laura Heaps, 36, was denied a mortgage after her advisor said she had a default on her credit file. However, rating agency Equifax had mistakenly put her twin sister's historic debt on her report.

If you are someone who is looking to start the new year by paying off more of their debt, This is Money and its personal finance experts are here to help.

Those looking to cheaply clear their debts this January could take advantage of 0% balance transfer cards which charge no fees, provided they are happy to pay their balance off quicker.

The Financial Conduct Authority has told banks to help customers get out of debt, amid concerns of a potential wave of credit cards being scrapped under new rules.

The UK economy is built on spending, often fuelled by debt - credit cards, personal loans, car finance. We don't want to shrink it, only keep it manageable; and keep the Jenga tower from falling.

The FCA today brought in measures which offer consumers struggling with their finances bigger fee-free overdrafts and the ability to freeze credit and loan repayments for three months.

Next to a picture on social media app Snapchat of Ryan Reynolds teasing news about upcoming superhero film Deadpool 3, is a 'sponsored' post with its own teaser: that you can write off debt.

Households paid back a whopping £3.8bn more than they borrowed in March, the biggest figure on record, as households shunned their credit cards in the face of the coronavirus crisis.

Netflix and ESPN's brilliant 'The Last Dance' laid bare the extent of Michael Jordan's gambling habits in episode six over the weekend. It was centred around the 1993 Eastern Conference Finals.

From whether payment holidays will affect your credit file to what to do if you're struggling to pay your bills, debt charity StepChange answers five of the most common questions they've received.

My son has experienced no end of problems since upgrading his contract. His phone has been cut off, debt collectors have demanded money, and now he's being threatened by bailiffs.

I have received a letter from Lowell Portfolio, claiming an alleged debt of £599 which it says I owe to PayPal. But I rang PayPal and was told that in fact no money is owed on my account.

It may seem like a recurring nightmare, but Greece is in danger of running out of money again.

The Afghan Health Ministry said that 49 new COVID-19 cases have been registered in the country in the past 24 hours, which led the total cases surge to 714 on Tuesday.Kabul registered 18 new cases, maximum highest in the country, leaving behind Kandahar with 15 cases, Balkh 6 cases, Herat and Ghazni 4 new cases each, and Nangarhar 2 cases, according to the health ministry's data cited by Tolo News.At least 40 people have recovered from the virus in the country while 23 have succumbed to the highly contagious infection, the Health Ministry spokesman said.In the meantime, the International Monetary Fund (IMF) executive board approved immediate debt relief for 25 countries--including Afghanistan--in order to help these countries focus on COVID-19 response."Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to ..

While the West has abandoned the realism of the past century and has now turned to cooperation in pursuing common goals, South Asia remains trapped in this old paradigm, says Firdaus Ahmed.

The Kerala government complains that nearly all its revenue is used to pay the salaries of government employees. Why, then, is the government busy adding new members to its recruiting agency? P N Venugopal notes the contradictions, as the government's finances slide further into the red.

P Sainath.

Superstition, the occult, God, government and technology have all been pressed into service in Anantapur's desperate search for water. P Sainath continues his series on farmer suicides.

After a lull of some years, farmers are being jailed for debt in Andhra Pradesh. Even those in drought-hit districts who cannot repay their loans. Farm unions see the banks as driving a dangerous and explosive process which lets off crorepati defaulters but jails bankrupt farmers owing a few thousand rupees, writes P Sainath.

Migrant labourers of MP are stuck in debt in Maharashtra and also in a system that assures no health coverage for their hazardous occupation of stone crushing. Jaideep Hardikar recounts their travails.

Indian banks are already grappling with 9.35 lakh crore rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

His remarks came two days after Franklin Templeton Mutual Fund voluntarily decided to wind up its six debt schemes due to liquidity issues amid the coronavirus crisis.

India has objected to the CPEC — a planned network of roads, railways and energy projects linking China's Xinjiang province with Pakistan's Gwadar Port — as it is being laid through Pakistan-occupied Kashmir (PoK).

Reliance Industries shares in trade on May 8, 2020 jumped 4.5% to an intra-day high of Rs. 1579.7 per share. But the coronavirus-led stock market crash in March, triggered high-order losses in the stock of RIL which recorded its 52-week low

Before we head on to answer your queries on your investments in mutual fund schemes, here we clarify that last evening after the amc company Franklin Templeton was left with no option on barely any new subscription and other liquidity issues,

Highly leveraged companies may find the going tough in the next few months, as rapid rise in covid-19 infections, make business prospects highly unpredictable. Even if infections abate in the next three months or so, companies that have high levels

Argentina will keep pushing for talks with creditors even as a deadline for its $65 billion debt restructuring proposal passed on Friday with little sign it had the support needed from international bondholders to unlock a comprehensive deal.

Could President Trump refuse to pay back the $1.1 trln the U.S. owes to China? While markets would hate the idea, it’s theoretically possible thanks to broad powers designed for times of emergency. John Foley explains how this dangerous weapon could be used if push came to shove.

Oxford : Oxford University Press, 2019.

Huatong Road & Bridge Group Co, based in the northern province of Shanxi, said it may miss a 400 million yuan ($64.5 million) note payment due July 23.

By comparison, the US had a 260% total-debt-to-GDP ratio in 2013 and Japan has 415%, according to the Financial Times.

Gross debt at Indian Oil, the nation’s largest refiner and fossil fuel retailer, has risen from ₹86,400 crore at the beginning of 2019-20 to ₹1,16,000 crore at the start of 2020-21. About 50% jump in debt in the January-March quarter came following the weakening of demand due to the Covid-19 pandemic, dividend outflow and delay in fuel subsidy transfer by the government.

The NAV of Franklin India Dynamic Asset Allocation FOFs (fell 16.6%), Franklin India Multi-Asset Solution (fell 22.42%), Franklin India Life Stage FOFs-20 (fell 6.59%), Franklin India Life Stage FOFs-30 (13.51%), Franklin India Life Stage FOFs-40 ( fell 17.81%) and Franklin India Life Stage FOFs-50 Plus (fell 0.52%).

Most debt mutual fund categories have witnessed outflows in the last month, data shows.

The CM also requested for specific grant of Rs 1,55,000 crore to boost various development programmes.

Resource mobilisation in the corporate debt category witnessed a significant decline as just Rs 4,974 crore was garnered through debt issues in the first nine months of the current fiscal, which was not even 10% of the total funds raised during ...

FinanceMinister P Chidambaram on Thursday asked public sector banks to come out with a list of farmers...

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A single factory in Malaysia supplies about 10% of the world’s rare earth oxides, used in everything from cellphones to lasers to missiles. Controversy over the final resting place for the slightly radioactive byproducts has pushed the plant to the brink of closure. Host Meagan Cantwell talks with freelance writer Yao Hua Law about calls to ship the waste back to where it was originally mined in Australia, and how stopping production in Malaysia would mean almost all rare earth production would take place in China.  In another global trade story, host Sarah Crespi talks with freelance writer Sam Kean about close links between the slave trade and early naturalists’ efforts to catalog the world’s flora and fauna. Today, historians and museums are just starting to come to grips with the often-ignored relationships between slavers and scientists. This week’s episode was edited by Podigy. Download the transcript (PDF) Ads on this show: Kolabtree and MagellanTV Listen to previous podcasts. About the Science Podcast [Image: James Petiver, 1695; Music: Jeffrey Cook]

Interview with Colin P. West, MD, PhD, author of Quality of Life, Burnout, Educational Debt, and Medical Knowledge Among Internal Medicine Residents

Edelweiss Financial Services Ltd and Axis Capital will manage the company's initial share-sale. Shares of the company will be listed on the BSE and NSE.

Caspian aims to use the funds to invest in under-served emerging enterprises and women-centric businesses.

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