Grants for Debt Relief

Most people don't know that it is possible to get government grants to pay off credit card debt and other debts. The government offers billions in grants each year - grants where they give money away

Government grants are readily available, you just have to find them and apply for them.

Why get a grant to eliminate credit card debt and other debt? Grants are often easier to get than loans. Loans usually require collateral or a security deposit; grants don't require either because the government offers them.

The key to getting a grant is to be creative. The government hopes to boost the economy with small business grants. If you get a grant for several thousand dollars and invest it in your business, you can eliminate your debt with the profits from your business.

When you apply for a grant, your application will be reviewed to see how much debt you have and your ability to pay it back. If you can prove that you can't pay it back, you probably will get a grant that you won't have to pay back.

Because government grants can get you the money you need for debt relief without having to provide security or collateral, they may save you from having to file for bankruptcy. You don't have to repay a grant - it is financial aid, which can't be taxed and doesn't charge interest. It can make you debt free.

Where China Hides Its Debt

Chinese cities can't borrow much, so specially designed companies borrow on their behalf. Experts worry they won't be able to pay it back

Pulkovo Airport Financing for Expansion Twice as Expensive as Peers

St. Petersburgs Pulkovo Airport is financing its expansion at almost twice the average cost for similar projects in emerging markets through the countrys first syndicated loan for a public-private partnership.

Erda Township weighs pros and cons of incorporation

In May, 421 acres were withdrawn from Erdas township boundaries following a successful petition by two landowners to the Tooele County Commission. Next month, the commission will hear a bid to withdraw nearly 219 acres more, and Erda seems to be feeling the pinch.

Donors agree $1.1 bln aid package for Kyrgyzstan

Kyrgyzstan secured pledges worth $1.1 billion from international donors on Tuesday to help rebuild the strategic Central Asian country after the worst ethnic bloodshed in its modern history.

Finance and Banking

On July 21, 2010 (the "Enactment Date"), President Obama signed into law The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"). The legislative changes mandated by the Act, which is named after Senate Banking Committee Chairman Christopher Dodd (D-Conn.) and House Financial Services Committee Chairman Barney Frank (D-Mass.), are intended to shield the financial system from ...