Is college loan debt making us unhappy, unhealthy in middle age? | NOLA.com
Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent. Done Monte Paschi posts worse than expected loss as bad loan charges rise 4 hours ago Done By Silvia Aloisi and Stefano Bernabei MILAN (Reuters) – Italy’s third biggest bank, Monte dei Paschi di Siena (BMPS.MI), posted a worse-than-expected loss in the second quarter as charges on souring loans rose, underlining the challenges the bailed-out lender still faces to turn itself around. The bank, which received 4.1 billion euros (3.25 billion) in state aid last year, said the net loss in the three months between April and June stood at 178.9 million euros. That compared with an average forecast for a 57.5 million euros loss in a Reuters poll of eight analysts where the range of estimates went from a loss of 150 million euros to a profit of 15 million euros. It was the bank’s ninth consecutive quarterly loss. Net impairment losses on loans stood at around 1.2 billion euros in the first half, up 17.4 percent on a year earlier, bucking a declining trend seen by bigger domestic rivals Intesa Sanpaolo (ISP.MI) and UniCredit (CRDI.MI).
Puedes ver la version sin traducir en http://finance.yahoo.com/news/monte-paschi-posts-worse-expected-184016794.html
Here are seven ways you can overcome your bad credit and still get that rental youre looking for: 1. Find a Guarantor or Co-Signer Ask a trusted friend or relative with good credit to cosign the rental application with you. While youll be the only one actually living in the apartment, your cosigner agrees to cover the payments in the event that you default on your rent. This can provide a landlord with the extra reassurance he needs. Of course, you dont actually want them to be forced to take over payments for you, so make sure the monthly rent is an amount you can comfortably afford. 2. Be Honest and Show Progress Sometimes, bad credit isnt a reflection of bad money management. You may have lost your job, suffered from medical problems or experienced another financial setback that was out of your control. If this is the case, be upfront about itbefore the landlord even runs your credit check.
Puedes ver la version sin traducir en http://www.forbes.com/sites/trulia/2014/08/07/7-ways-to-deal-with-bad-credit-when-renting/?ss=personalfinance
7 Ways To Deal With Bad Credit When Renting – Forbes
“The state will grant a loan, which now is limited to 3.9 billion euros because the banks wanted to take on their responsibilities in a more direct and immediate manner,” the minister said in parliament. “The repayment of the loan to the Treasury and taxpayers will take place, no matter the time or the amount for which the new bank will be sold,” said Albuquerque. “The responsibility belongs exclusively to the financial sector,” she added, adding that the loan will be paid back in the next two years. BES, once one of Portugal’s largest lenders, was in dire straits after reporting a record loss last month, while three of its parent companies had filed for bankruptcy amid allegations of accounting fraud. View gallery Portugeuse Minister of State and Finance Maria Luis Albuquerque sits before the Parliamentary Standi On Sunday it was announced it will be split into two banks: Novo Banco will take the capital injection and all of the bank’s viable assets, while the so-called “bad bank” BES will house all of its toxic assets. The opposition had alleged that rescuing the bank could place a fresh burden on taxpayers already struggling with austerity measures imposed during the eurozone debt crisis. Other Portuguese banks on Tuesday proposed to increase their contribution to the rescue fund to 635 million euros in the hope that the new bank will be able to be sold faster to pay back the state. Portugal’s stock market has plunged this week led by a collapse in banking shares. On Thursday, its main index ended the day down 2.27 percent at 5,453.29 points.
Puedes ver la version sin traducir en http://news.yahoo.com/portugal-cuts-state-bailout-bes-3-9-bn-181018157.html
Portugal cuts state bailout for BES to 3.9 bn euros – Yahoo News
tulane university graduation A tribute to the creativity of the 2014 Tulane University graduates. Many students paid their respects to the city, the university, and to some unusual hobbies. Their commencement took place at the Mercedes-Benz Superdome on Saturday, May 17, 2014. (Photo by Chris Granger, NOLA.com | The Times-Picayune) (CHRIS GRANGER) View/Post Comments The Wall Street Journal reports that graduates who leave college saddled with significant loan debt are less likely to enjoy their work and are less healthy, both physically and financially, in middle age. How have you seen college loan debt impact your life or the lives of friends and family? Does college debt lead to unhappinesslater in life? Or do you think debt is only part of the picture? The Wall Street Journal report cites a recent Gallup Education poll of U.S. college graduates conducted in partnership with Purdue University, which surveyed grads of all ages on a number of topics, including their financial security, physical well-being and whether they felt they had purpose in life. The poll found those who had graduated between 2000 and 2014 with more than $50,000 debt reported beingfar worse off in those categories than those who graduated with no debt, the report says.
Puedes ver la version sin traducir en http://www.nola.com/business/index.ssf/2014/08/is_rising_college_loan_debt_ma.html
Department of Education to ease college loan rules | TribLIVE
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Puedes ver la version sin traducir en http://triblive.com/business/headlines/6577122-74/department-debt-loans