Argentina Sells Peso Bonds Abroad for First Time Since Macri Era
Argentina sold local currency debt to foreign investors, raising roughly $1 billion that will help boost central bank reserves a month after President Javier Milei's government lifted most currency controls.
The five-year peso bonds carry a coupon of 29.5%, more than what some local banks had expected, Finance Secretary Pablo Quirno said in a social media post on Wednesday evening. The notes also include a two-year put option, offering investors an early exit before another presidential vote takes place in 2027.
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How to pay off a debt in collections
Before paying a debt in collections, verify it's legitimate and collectible to avoid scams or zombie debt. You have rights under the Fair Debt Collection Practices Act (FDCPA) that protect you from harassment and abuse. Negotiating a payment or settlement plan, especially in writing, can help you resolve debt while minimizing credit damage. Always document all communication and payments to avoid future disputes. No one wants to receive a call from a debt collector. But if you've fallen behind on paying your credit cards, loans or bills, your account may be sent to collections. Dealing with these debt collection companies can be stressful and embarrassing, but it's more common than you think. In the first quarter of 2025, the U.S. hit $18.20 trillion in household debt, and the average delinquency rate went up 0.7 percentage point from the previous quarter to 4.3 percent. Paying off your outstanding debts is important, but you want to do it the right way. A misstep here and there can result in you paying more debt than you owe, reopening zombie debt or exposing yourself to a scam. Bankrate insight As you move through this process, document everything. Keep copies of letters, emails, payment receipts and any agreements you make with the collector. Also note the dates of phone calls and what was said in the call. If you live in a one-party state, you could consider recording your phone conversations. Before taking any action to pay off a debt in collections, verify the debt belongs to you. Gather all relevant information about the debt, including the amount owed, the original creditor and any other account facts. If, after reviewing this information, you find that the debt is not yours, take steps to protect your credit and finances in case your identity has been stolen. You can dispute errors directly with the credit bureaus. If the debt doesn't appear on your credit reports, you might have been targeted by a debt collection scam. Under the Fair Debt Collection Practices Act (FDCPA), collectors must follow strict rules: No calls between 9 p.m. and 8 a.m. No calls at work if you've requested they stop No excessive calls — no more than seven in a week or within seven days of last speaking to you about the debt No contacting you via email, text or social media if you've opted out No disclosure of your debt to others Debt collectors are also strictly prohibited from harassing, threatening or verbally abusing you. If a debt collector breaches these regulations, you can contact your state's attorney general's office to find out your rights under state law. They can help you identify if you are protected under state-level collection regulations and laws like the California Consumer Financial Protection Law (CCFPL) and the Debt Collection Licensing Act (DCLA). Each state has a statute of limitations determining the legal time limit within which creditors or debt collectors can sue you for an unpaid debt. Statutes for different types of debt range from as little as two years up to 10 years or more. Once the statute is up, you can't be sued for the unpaid debt. However, it's important to know that you can reset the statute clock on old debt if you: Agree to pay Get a bankruptcy discharge revoked Make a new charge on the account Make a payment Understanding how these statutes work is essential as it impacts your legal obligations and rights regarding the debt. Research the statute of limitations in your state to know your rights. Not all debts are collectible. For instance: Medical debt under $500 or less than a year old can't appear on credit reports. Soon, medical debt will be completely barred from appearing on credit reports. Zombie debt — or very old debt — may no longer be legally enforceable. This debt is often past the statutes of limitations and may be too old to legally appear on your credit reports. You need to be especially careful to avoid resetting the clock on zombie debts. In addition to verifying the debt is collectible, you should contact the collection company and request a debt validation letter to ensure it has a legal right to collect on your debt. You may have more debt than you can pay off in a reasonable timeframe. In that case, you may be able to negotiate with your creditors about how much and when you pay. But first, you have to calculate how much money you can afford to commit to paying down your debts. Start by reviewing your budget and seeing how much cash you can free up. Determine how much money you could contribute to a lump sum payment or monthly installment. Be realistic and don't put yourself in a position where you need to take on more debt to pay off your existing debt. Once you're informed and have an idea of how much you can realistically pay, it's time to contact the collector. Be prepared to discuss your financial situation honestly and weigh different repayment plans. Effective negotiation can often lead to a reduced amount or favorable payment terms, especially if you pay a lump sum up front. Bankrate tip: For medical debt, contact the provider's billing office directly. They may offer hardship assistance or flexible plans. As a part of negotiating a payment plan, during your repayment period or after the collection has been settled, you may be able to request pay-for-delete agreement. This means the collection agency will remove the collection account from your credit report once repayment is complete. Get any pay-for-delete agreements in writing, and follow up with the creditor or collector to ensure the deletion request is processed. Be aware that changes to your credit reports can take 30 days or more to appear. Very few creditors will not offer a pay-for-delete agreement, but you can still ask. Once you've agreed on repayment terms, formalize the agreement in writing. Include: Payment amount Payment schedule Any additional terms or conditions. A clear plan reduces misunderstandings and ensures both parties follow the agreement accurately. Stick to the schedule and send payments promptly. This demonstrates good faith and prevents further collection efforts. For added security, consider: Mailing a check via USPS with a return receipt ($4.10) or using email confirmation ($2.62) Requesting a 'Certificate of Mailing' for proof of payment date To pay online, first confirm the debt and request instructions from the collection agency. Most have secure portals where you can log in to make payments. Always: Verify the site's legitimacy before entering payment info Save digital receipts and confirmation numbers Monitor your credit to ensure updates are reflected Debt in collections can take a toll on your finances and peace of mind — but you're not powerless. By verifying the debt, knowing your rights and negotiating smartly, you can pay off collections while protecting your credit and avoiding scams. How does debt in collections affect your credit score? Debt in collections has a huge impact on your credit score, especially if the debt also had late payments or a charge-off associated with it. It can take up to seven years for your credit to fully recover from one collection account. As time goes on, however, if you use good credit-building habits, negative marks will have less impact over time as newer things on your credit score have the most influence. If you need help fighting a collection account error or fraud, you can contact a reputable credit repair company. What's the safest way to pay a debt collector? Use payment methods that offer proof of payment — such as mailing a check with return receipt or using a secure online portal provided by the agency. Do collections go away once paid? No. Typically, paid collections will remain on your credit reports for up to seven years from the date of the original delinquency. However, lenders view paid collections more favorably than unpaid ones. What happens if you never pay collections? If you ignore or refuse to pay collections, the debt collector may escalate efforts to recover the debt. These could include: Take legal action Garnish wages (portion of paycheck withheld to pay off debt) Continue reporting the debt Unpaid collections that pass the statute of limitations can still severely impact your credit score and make it harder to secure loans or credit in the future. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Declining Stock and Decent Financials: Is The Market Wrong About Imdex Limited (ASX:IMD)?
Imdex (ASX:IMD) has had a rough three months with its share price down 5.6%. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. In this article, we decided to focus on Imdex's ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another way, it reveals the company's success at turning shareholder investments into profits. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Imdex is: 7.7% = AU$47m ÷ AU$607m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. So, this means that for every A$1 of its shareholder's investments, the company generates a profit of A$0.08. View our latest analysis for Imdex We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. At first glance, Imdex's ROE doesn't look very promising. We then compared the company's ROE to the broader industry and were disappointed to see that the ROE is lower than the industry average of 11%. However, the moderate 8.4% net income growth seen by Imdex over the past five years is definitely a positive. We reckon that there could be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. We then compared Imdex's net income growth with the industry and found that the company's growth figure is lower than the average industry growth rate of 20% in the same 5-year period, which is a bit concerning. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is IMD fairly valued? This infographic on the company's intrinsic value has everything you need to know. With a three-year median payout ratio of 36% (implying that the company retains 64% of its profits), it seems that Imdex is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered. Moreover, Imdex is determined to keep sharing its profits with shareholders which we infer from its long history of six years of paying a dividend. Our latest analyst data shows that the future payout ratio of the company over the next three years is expected to be approximately 32%. Still, forecasts suggest that Imdex's future ROE will rise to 11% even though the the company's payout ratio is not expected to change by much. In total, it does look like Imdex has some positive aspects to its business. That is, a decent growth in earnings backed by a high rate of reinvestment. However, we do feel that that earnings growth could have been higher if the business were to improve on the low ROE rate. Especially given how the company is reinvesting a huge chunk of its profits. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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The decision to invest is a relatively easy one — you want to save money for a future purchase or for a comfortable retirement, and you want that money to make more money for you. So, you decide to invest it. That's the easy part. Find Out: Try This: But then you need to decide what to invest in. You could buy stocks, bonds, mutual funds, bitcoin, collectables, commodities — the list goes on and on. Mutual funds are the best solution for many circumstances. They are readily available, easy to own and trade, and offer instant diversification. But which mutual fund — or funds? In 2023, there were 7,222 mutual funds in the United States, according to Statista. Which one(s) should you choose? Does it matter? How do you decide? It's easy to assume all mutual funds are more-or-less the same, but they can vary widely in terms of risk, performance and fees. Investing in the wrong fund could mean your time horizon doesn't match, potentially leading you to make withdrawals in a down market, or it could mean you end up paying far more in fees than you might otherwise, among other differences. Here's what you need to know about the factors that should go into determining which investment fund(s) you should choose. For You: The first question to ask yourself is what you hope to accomplish by investing. Do you want to earn enough money so you can eventually live off your returns and never touch your principal? You'll need a relatively aggressive fund that reinvests dividends. Do you want your investments to generate income you can use to supplement your paycheck? Look for a fund made up of dividend stocks. Do you want something that's nearly a sure thing, earning a relatively small return but with little danger of losing money? A bond fund may fit the bill. 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You need to be comfortable watching your portfolio value go down — sometimes to less than the amount you originally invested — with the understanding that it may go up significantly in the future. If you are only comfortable with investments that will preserve your original investment, your risk tolerance is low, and you should invest accordingly. Your portfolio will likely grow more slowly, but you won't be in a position where your original investment is in jeopardy. Mutual fund companies have expenses and charge fees, because they need to make money in order to operate. These fees and expenses can take a chunk out of your investment returns, so it's important to understand how much you'll be paying and to choose a fund that has the right mix of potential returns and expenses. Mutual funds will have operating costs, like investment advisory fees, brokerage fees, marketing expenses, custodial fees and more. These costs are typically paid out of the assets of the fund, so you won't see a charge on your statement for these. They do, however, reduce your return on the investment, so you're paying them indirectly. These expenses are grouped together under the category of annual fund operating expenses. You will also pay a sales charge, which is a percentage of the amount you invest, exchange or transaction fees when you trade funds, an account fee and other fees. These are collectively referred to as shareholder fees. All of these fees and expenses should be outlined in the prospectus you receive before you invest in a particular fund. When you are considering which fund to invest in, be sure to compare the fees and expenses. Every investor knows — or should — that past performance is not a guarantee of future results. In fact, that statement is at the bottom of virtually every informational or marketing piece for every investment. And it's true. However, those funds that do well are typically well-managed by managers who know what they're doing, so a high performing fund may be a better option that one that consistently under-performs. One way to evaluate a fund's performance is against a benchmark like the S&P 500. If you feel that this comparison is difficult or inadequate, you can invest in an index fund that tracks the performance of the S&P 500 or one of many other indices. You won't beat the benchmark, but your return should just about equal it. It's a good idea to understand the differences between various investment funds and how they can impact your return, and you should compare like funds before deciding to invest. But at the end of the day, the difference in your return — at least between two or more funds that are right for your objectives, time horizon and risk tolerance, and that are similar in performance — is likely to be relatively small. Don't let paralysis by analysis prevent you from investing. More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? 8 Common Mistakes Retirees Make With Their Social Security Checks This article originally appeared on How Much Does It Matter Which Investment Fund You Pick? (And How To Pick a Good One)
