#debt-cycle

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WIRED
2 months ago
Business

Hurricanes Are Trapping Small Island Nations in Ever-Worsening Spirals of Debt

Small island nations face a vicious debt-disaster-debt cycle, impacting social spending and development goals.
International support is crucial to assist small island developing states in breaking out of the debt-disaster cycle. [ more ]
www.npr.org
2 months ago
US news

A watchdog group targets payday lenders with a 2 strikes' rule to help borrowers

Payday loans put borrowers at significant risk due to high interest rates and rollover cycles, leading to long-term financial hardships. [ more ]
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