Press Release (ePRNews.com) - DALLAS - Oct 05, 2017 - Top 10 Jungle Issues Report: Credit Associates Debt Settlement Plan for Puerto Rico. The federal government has indicated that a Puerto Rico debt consolidation or bailout is unlikely. There was a Puerto Rico government debt crisis before Hurricane Maria hit the U.S. territory.
“Puerto Rico has been hammered.” said Benny Alvarez, Top 10 Jungle spokesman, “In May, it filed a $70 billion bankruptcy – the largest municipal bankruptcy in U.S. history. Unemployment is well above 10 percent and residents are fleeing the island for the mainland. Hurricane Maria was the knockout punch.”
While Puerto Rico itself is facing significant problems with debt, residents face their own challenges. The average student debt in Puerto Rico and other U.S. territories is over $31,000 and the average debt to personal income ratio is close to 90 percent.
Puerto Rico has been hammered. In May, it filed a $70 billion bankruptcy – the largest municipal bankruptcy in U.S. history. Unemployment is well above 10 percent and residents are fleeing the island for the mainland. Hurricane Maria was the knockout punch.
“My expectation is to rebuild stronger than ever,” Gov. Ricardo Rossello told NBC News. “But clearly if this is not taken seriously, Puerto Rico is going to collapse into a humanitarian crisis.”
ABOUT TOP 10 JUNGLE
Top 10 Reviews
Top 10 Reviews provides rankings for Debt Consolidation, Small Business Loans, Debt Relief, Credit Card Consolidation, Medical Alert Devices, Pet Insurance, VPN, Personal Loans, Online Check Ordering, Anti-Virus Software, Web Hosting, Website Builders and more.
Best Rated Products
The Best Rated Products Division is where you want to look when you are about to make a purchase. We cover a wide range of products from tablets, laptops, modems, cameras to the latest book you just have to read. We are adding categories daily. Our purpose is to make it easy for you to pick the best product and to be confident in your decision.
We have something for everyone at Top 10 Jungle and best of all – it’s free!
For press inquiries or partnership opportunities, please contact Benny Alvarez.
Credit Associates Source :
Top 10 Jungle