23 articles
Social Media
International student allegedly maxes out $140K credit before fleeing to China
A screenshot of a post describing how an international student fled the U.S. to return to China after maxing out their credit cards has gone...
Michelle De Pacina
Crime
Taiwanese woman suffers severe burns after being doused with hot soup over $652 debt
A woman suffered severe burns after two people assaulted her at a karaoke lounge in Taiwan and poured scalding soup on her. The incident rep...
Bryan Ke
China
Chinese woman rejects dowry, pays fiancé’s $25,000 debt instead
The story of a Chinese woman choosing to pay for her fiancé’s debt instead of accepting a sizable dowry has gone viral on Chinese social med...
Woman suffers bloody face after getting smacked with a durian by a debt collector in Thailand
Duangduen, a Thai woman, called on local media for help after she was smacked with a durian and left with a bloody face by a debt collector...
‘I have nothing left to live for’: Evergrande meeting descends into chaos as investor pulls knife and threatens to kill herself
A compilation video that shows desperate investors confronting Evergrande staff amid the company’s financial issues has gone viral on Chines...
News
China’s Former ‘Richest Son’ Shamed By Government For Having $21.5 Million Debt
Wang Sicong, the only son of Wanda Group founder Wang Jianlin, has landed on the country’s list of debtors this week. A Beijing court announ...
Carl Samson
98-Year-Old Woman Walks 2 Miles in the Rain to Pay $1.49 Debt From 50 Years Ago
An elderly woman suddenly decided to walk 3 kilometers (1.8 miles) in the rain to pay a debt she owed to someone roughly 50 years ago. Sun X...
Asia
China Develops App That Reveals If a Person in Debt is Nearby
A controversial new app in one Chinese province is making headlines for its unusual function: the ability to spot people who are in debt wit...
Ryan General
Uncategorized
Man Postpones Marriage to Japanese Princess to Pay Off His ‘Student Loans’
Japanese Princess Mako and her fiancé, Kei Komuro, set their wedding for November 2018, but the groom-to-be’s financial woes forced the wedd...
Entertainment
Jackie Chan’s Daughter Has Only $2.56 to Pay $287 Bill at Hong Kong Hostel
Etta Ng, Jackie Chan’s estranged daughter, and her wife, Andi Autumn, allegedly only handed over 20 Hong Kong dollars ($2.56) to the hostel ...
Actor/Singer Rain’s Parents Accused of Fraud After Borrowing $15,000 of Rice 30 Years Ago
The singer Rain’s parents were accused of fraud in an online forum this week. ...
Boy in China Forced to Collect Recycling After Stealing $290 From His Grandma
A nine-year-old boy in southern China has been collecting recyclables since Golden Week to pay off the 2,000 yuan ($290) that he had stolen ...
Constance Wu Was ‘tens of thousands of dollars’ in Debt Before Landing ‘Fresh Off the Boat’ Role
Just like any other celebrities in Hollywood, Constance Wu was also knee deep in debt before she landed her major roles, particularly in ABC...
Former Miss Hong Kong Who Used Crown as Loan Collateral Sued Over $479,000 Debt
A former beauty queen from Hong Kong reportedly used her pageant crown as collateral for a loan, and she now faces a lawsuit over the debt w...
China’s Controversial Credit System Has Stopped Over 15 Million People from Travelling
While it was earlier announced that China’s social credit system will be fully implemented in 2020, it has already been penalizing cit...
China Punishes Over 8 Million People in Debt By Preventing Them From Traveling, Staying at Nice Hotels
The Chinese government has restricted blacklisted debtors from traveling luxuriously and living an extravagant life with their spending habi...
China is Launching a National System That Publicly Shames People Who Don’t Pay Off Bank Loans
China is creating a system that publicly shames people who default on their bank loans. Developed by the Supreme People’s Court, the China B...
Rising Student Suicide Rates Spark Outrage at Vicious Online Lending Companies in China
The growing number of students being driven to suicide due to student loans is causing widespread public outrage in China. In recent years,...
Chinese Woman Gets Plastic Surgery to Escape Her $3.7 Million Debt, Fails Miserably
A 59-year-old woman named Zhu Najuan, who was ordered by a court in China to pay a massive amount of debt, thought it was best to evade her ...
China Publicly Shames People Who Owe as Little as $300 on Huge Billboards
More and more Chinese businessmen have been struggling to pay back government loans due to the current economic slowdown. Now the government...
Business
John Oliver: Last Week Tonight Buys and Forgives $15 Million in Medical Debt
“Last Week Tonight with John Oliver” host John Oliver has made television history by purchasing and forgiving nearly $15 million in medical ...
Editorial Staff
This is What Happens if You Stop Paying Your Student Loans
Deciding whether to default on student loans is not like deciding what kind of cereal to buy at the grocery store — choosing to defaul...
Riley Schatzle
Here’s Why Everyone in America Owes the Government at Least $56,715
Here’s an unsettling fact: No one in the United States is debt free. Currently, every single man, woman and child in the nation owes ...
Skyler Miller
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