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Hispanics 'most worried about debt'
6/19/2008 6:02:10 PM
Gemma Roskell

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Hispanics are the group most concerned about their economic security, according to a recent study by the Rockerfeller Foundation.

Some 60 percent of this section of US society are worried about getting out of debt, the financial research claims.

Reporting the survey, Chase Card Services suggests that consumers need to be a given the opportunity – via the right tools - to make the correct credit decisions and better their financial futures.

In other debt news this week, it was revealed in the Wall Street Journal health blog that many new doctors just getting their first jobs may well have their debt taken off them by their new employers.

Five-figure sign-on bonuses are not uncommon for people starting employment in the profession, as medical staff look for ways of removing debt accrued from their student days.

Debt repayment is usually organized under certain conditions, whereby the employee has to commit to the paying company for a certain number of years.
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