Buying milk instead of an energy drink? You might be a good credit risk.
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What you buy at the grocery store can predict whether you pay your credit card bills on time, new research suggests.
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Taboos around talking about money can prevent people from learning important lessons about using credit and getting into debt.
Credit ratings are important for developing economies in Africa.
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African states say a pan-African rating agency will enable them to access capital and integrate the continent with global financial markets.
One way to get a good credit score is to pay bills on time every month.
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Trends show credit scores are rising, with nearly half of all US consumers boasting ‘very good’ or ‘excellent’ numbers.
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Credit payment holidays were made available in the UK to help people manage the financial strain of the pandemic.
Debt swaps in some countries have involved commitments to protect the ocean.
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Many small island nations are struggling to protect their land from rising seas while also facing paralyzing debt.
The growth of Islamic banks provides Muslims living in North America with options that reflect their beliefs.
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Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.
Part of a restoration edict of Ammisaduqa, one of the rulers of ancient Babylon.
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A scholar of the ancient Near East explains how loan forgiveness was handled thousands of years ago in the Bible and royal decrees.
A smiling woman hands a dress to a clothing store cashier.
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Retail employees are accustomed to long hours and low pay. What really upsets them are corporate policies to push store credit cards on consumers.
Woman selling dried fish at the Benin City market.
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Although COVID-19 measures have had a negative impact on food supply in Nigeria, there are other factors responsible for the dramatic rise in food prices.
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More financial services should target low-income households in South Africa.
Critics have worried Purdue might use bankruptcy to avoid accountability.
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While critics accuse companies facing lots of lawsuits of using bankruptcy as a sort of ‘get of jail free card,’ the reality of the legal procedure is more complicated.
Credit cards sometimes charge exceptionally high interest rates.
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The lawmakers have proposed capping interest rates on consumer loans at 15%, but doing so may hurt some of the people it’s aiming to protect.
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Because a host of artists and programmers can leave their stamp on a final product, disagreements and claims of theft have ensued.
The spotlight is on Wonga.
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Far too many people in Britain rely on high-cost short-term credit from alternative lenders.
Start-ups funded via business loans tend to outperform those using personal loans or having no loans at all.
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Start-ups funded via business loans can outperform those using personal loans or only equity.
Many people on low incomes are paying dearly for access to credit.
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People on the lowest incomes pay the most to borrow money, even when it’s for essentials.
A bad interest rate can make your new car a lot more costly.
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Most of us bargain hunt when shopping for a new blouse or pair of blue jeans, yet for some reason we don’t with interest rates, potentially costing us thousands of dollars.
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African cities are failing to raise development funds through bond markets.
B.C.’s ambitious new school curriculum includes mandatory financial literacy instruction within math courses at every grade level, starting from kindergarten.
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Financial literacy is non-intuitive to the human brain and fundamental to survival today. We should follow British Columbia’s example and make financial literacy mandatory in every grade - across the country.