Articles
Owner of Philly's two largest dailies misses debt payment (WFMJ Youngstown)
PHILADELPHIA (AP) - A debt ratings agency says the owner of The Philadelphia Inquirer and Daily News has missed a June 1 interest payment on $85 million of loans and is in talks with lenders.
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Senior lenders block PHM debt payment (Philadelphia Daily News)
Philadelphia Media Holdings LLC, owner of the Daily News and Inquirer, has missed a June 1 interest payment on $85 million of loans, according to a debt-ratings agency.
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Philly papers miss debt deadline (Courier-Post)
The owner of The Philadelphia Inquirer and Daily News has missed a June 1 interest payment on $85 million of loans and is in talks with lenders for relief, according to a report released Thursday by a debt ratings agency.
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Credit Card Rates
Credit card rates in the US can be very high. I’ve seen interest rates as high as 38% before and I’m not sure that is the upper limit. What is funny is that most states have usury laws that make it illegal to loan money at more than a certain rate. Many
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