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Student debt not only a problem for the young

Posted on September 30th, 2014 No Comments

Student debt not only a problem for the young

A report recently released stated that the number of senior citizens in the U.S. plagued by overwhelming student loan debt has increased by three fold, an article by the New York Times stated on September 12. In the report, it was shown that student loan debts carried by elder Americans have now already reached $43 billion from $8 billion […]

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Cleveland Heights votes on regulations for payday loan lenders

Posted on September 23rd, 2014 No Comments

Cleveland Heights votes on regulations for payday loan lenders

The city council in Cleveland Heights on September 2 votes on a resolution to lift a temporary ban on payday loans, and another resolution that would appeal to the state legislature to cap interest rates on these types of loans, Cleveland.com reported. According to reports the city council will request the state’s lawmakers to require […]

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Third member of boy band “Blue” filed for bankruptcy

Posted on September 10th, 2014 No Comments

Third member of boy band “Blue” filed for bankruptcy

English boy band “Blue” member Anthony Costa recently filed for bankruptcy, an article of Huffington Post reported on Friday, August 22. News of personal financial trouble surprised many since the group has achieved much success since their debut album was released in 2001, with three of their four records reaching number one on the UK […]

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Celebrity chef burdened by overwhelming debt

Posted on September 3rd, 2014 No Comments

Celebrity chef burdened by overwhelming debt

Chef and TV personality Gordon Ramsay is more than $50 million in debt after his ventures lost millions of dollars last year, an article by Reality TV World stated on August 7. According to reports, Ramsay’s Kavalake Holdings and some of his TV shows in which he offered advice to struggling entrepreneurs lost over $10 million in 2013. […]

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