Hit the brakes before you contact a debt settlement company to grapple with your student loans some may be in hotter water than you are. NerdWallet, a personal finance website, compiled a watch list of 130 entities, representing approximately 100 companies, that provide debt management and consolidation services for student loan borrowers. In all, about…
As the business environment gets tougher, more companies are being forced to borrow heavily, which in turn puts them at risk. Accessing credit has become easier for businesses and when used smartly, this can be used to boost operations. However, startups and small businesses always find themselves struggling with debt when revenues dwindle. Many businesses…
By Associated Press Published: 00:45 +10:00, 15 June 2017 | Updated: 00:45 +10:00, 15 June 2017 e-mail U.S. enforcement agencies – the Consumer Financial Protection Bureau and the Federal Trade Commission – in recent years have closed only seven companies that lured consumers with rosy promises to reduce or forgive student loan debt. But more…
Labor is reeling after an adviser resigned amid revelations that the party bankrolled its 2016 federal election campaign with the help of up to $140,000 in donations from gold dealers linked to a multimillion-dollar tax scam. The resignation from NSW Labor of rising star, 2016 Senate candidate and gold trader Simon Zhou, comes as respected…
David Lynch, Bartlett, New Hampshire Social worker David Lynch recalls hearing a radio commercial a few years ago from a company that promised student loan forgiveness for people like him employed by nonprofits. Lynch, 39, decided check on the companys credentials. I did try to do a Google search, he says, but there really werent…
The Project had a light hearted jab at the woes of its broadcaster Channel Ten going into administration as it read the headlines. Courtesy: Network Ten THE hosts of The Project have poked fun at todays news its broadcaster Network Ten has been placed into voluntary administration after its billionaire backers walked away. Host Carrie…
Billionaire media owner Bruce Gordon and News Corporation scion Lachlan Murdoch have joined their holdings in the Ten Network, in a play that could ultimately see the pair take the business out of administration and into private hands. In a change of substantial holding notice to the ASX, Mr Gordon’s investment vehicle Birketu, which…
Labor is reeling after an adviser resigned amid revelations that the party bankrolled its 2016 federal election campaign with the help of up to $140,000 in donations from gold dealers linked to a multimillion-dollar tax scam. The resignation from NSW Labor of rising star, 2016 Senate candidate and gold trader Simon Zhou, comes as respected…
As the business environment gets tougher, more companies are being forced to borrow heavily, which in turn puts them at risk. Accessing credit has become easier for businesses and when used smartly, this can be used to boost operations. However, startups and small businesses always find themselves struggling with debt when revenues dwindle. Many businesses…
The Reserve Bank of India (RBI) directing banks to initiate insolvency proceedings against 12 shortlisted companies under the Insolvency and Bankruptcy Code (IBC) that have fund/non fund exposure of above Rs 5,000 crore where 60 percent or more has turned bad is a welcome sign for Indias crisis-ridden banking sector. These accounts account a quarter…