Westend61/Getty Images After using my credit cards to pay for my extensive medical bills, I was suddenly drowning in debt. Thanks to the high interest rate on my cards, my balance continued to balloon. Desperate for a solution, I thought credit card consolidation would solve my problems, but it backfired terribly. That wasnt the fault…
THE collapse last month of Wonga, a payday lender, was cheered by many Britons. The company, which was the best-known lender in the so-called short-term, high-cost credit market, lent money to people who needed something to tide them over until their next paycheque. It was a notorious firm. A coroners report in 2014 noted that…
Balmain Tigers have demonstrated their traditional fighting spirit, staving off voluntary administration by negotiating a significant financial contribution from Heworth Pty Ltd, the developer who took control of their Rozelle site 18 months ago. Rumours have swirled for days that Balmain, a 1908 foundation club, would be forced into voluntary administration, almost 10 years to…