Credit card consolidation programs can help many individuals lower their credit card debt and consolidate into a single and more affordable program. It’s a smart idea, to pay off your credit card debt with one loan that has a low interest rate. But according to Bankrate and Helium, here are some things you need to know before you take this route. When transferring debt into one card, make sure ...

'Political noise' puts debt reduction at risk: Fitch

Political uncertainty could hamper efforts to reduce the world's largest debt burden if it forces the government to delay fiscal consolidation, according to Andrew Colquhoun, head of Asia-Pacific sovereign debt at Fitch Ratings. "The key issue for the ratings is whether a government can be formed with the will and authority to draw up and implement a credible medium-term fiscal consolidation ...

BIS Study Suggests Households, Companies Set to Reduce Debt

Households and companies will continue to reduce debt built up before the financial crisis, according to a report by the Bank for International Settlements.

Fitch Ratings Says Japan `Political Noise' Risks Hampering Fiscal Goals

Japan’s political uncertainty risks hampering the country’s efforts to reduce the world’s largest debt burden should it force the government to delay fiscal consolidation, Andrew Colquhoun , head of Asia-Pacific sovereign debt at Fitch Ratings, said today.

Households, Companies Will Continue Reducing Debt, BIS Economists Predict

Households and companies will continue to cut debt built up before the financial crisis, according to a report by the Bank for International Settlements.