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Business, construction leaders urge quick resolution to looming debt ‘catastrophe’

Construction Dive

trillion debt grows. President Joe Biden and congressional leaders will continue talks on Friday as the threat of a default on the country’s $31.4

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Report: Prepare for a debt ceiling crisis

Construction Dive

debt limit. Morgan recommends building owners have a cushion and try to refinance to prepare for potential economic shockwaves over the U.S.

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How To Handle Construction Client Debt So You Get Paid On Time

Contractor Bookkeeping

Ideally, you want to reduce the chance of bad debts and pressure on your construction company's cash flow. If your customers owe you money, the faster you can obtain it using effective collection tactics, the better.

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FHA Will Change How Student Loan Debt Affects Eligibility

Pro Builder

FHA Will Change How Student Loan Debt Affects Eligibility. In order to assist more lower-income homebuyers and close the racial homeownership gap, the Federal Housing Administration (FHA) will change the way it reviews an applicant’s student loan debt. cbroderick. Mon, 06/28/2021 - 09:41.

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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans. Student debt nationwide has reached $1.6

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Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. He also said the average month-end net debt position would now be better than expected at £230m, down from £243m at the half year. ”

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Debts, lawsuits force Detroit builder to file bankruptcy

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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