The term debt relief describes a range of ways you can get out of debt with the help of a third party. Some debt relief companies offer debt settlement services, whereas others focus on offering debt management plans (DMPs), credit counseling or other alternatives. There are also debt consolidation products you can use to work…
Debt relief companies are for-profit institutions that help you manage and pay down your debts. Depending on the company and what services are offered, they may work with creditors to help you get out of debt for less than what you originally owed. Most relief companies charge a hefty fee for their services. However, just…
WASHINGTON — Work requirements for federal aid programs have emerged as a sticking point in ongoing negotiations over raising the nations debt ceiling, and President Joe Biden has signaled openness to a possible compromise even as many in his party have balked. Legislation passed by the House in April would impose new or expanded work…
Distraught Julia Horton is deep in debt, owing money to a load of banks and store cards. Since April 2020 she has been paying 162 a month to a firm called Clear Start Accountants to supposedly deal with her money woes. Her creditors get 122 of the monthly payments while Clear Start keeps 40, and…
WASHINGTON, May 17 (Reuters) – President Joe Biden and top U.S. congressional Republican Kevin McCarthy on Wednesday underscored their determination to reach a deal soon to raise the federal government’s $31.4 trillion debt ceiling and avoid an economically catastrophic default. After a monthslong standoff, the Democratic president and the speaker of the House of Representatives…
Industry veteran Mark Woolnough has joined Salt&Lime in the newly created role of head of distribution. The fintech lender specialises in providing debt consolidation and personal loans to near-prime customers, offering rate discounts to borrowers when they complete financial education modules. Its interest rates start from 20.50 per cent (APR 19.46 per cent) across all…
May 17, 2023 5.00am May 17, 2023 5.00am Normal text sizeLarger text sizeVery large text size I have three primary school-aged children. My husband works full-time, I work casually, and weve just finished paying off all our credit card debt. Its a relief to have a clean slate for the first time. However, Im nervous…
You are here: Home About ASIC News centre Find a media release 23-126MR ASIC sues Money3 Loans for responsible lending breaches ASIC media releases are point-in-time statements. Please note the date of issue and use the internal search function on the site to check for other media releases on the same or related matters. Wednesday…
Getty Images By Anthony Zurcher North America correspondent Joe Biden and congressional leaders from both parties met at the White House on Tuesday to discuss raising the limit on new debt the US can issue. It marks the second week of in-person discussions to prevent a default – a potential scenario that comes with dire…
A year ago Ghanas finance minister, Ken Ofori-Atta, eschewed talk that his country would need a bail-out from the IMF. Ghana had at that point been in and out of 16 Fund programmes since attaining independence in 1957. We have forgotten how difficult and tenacious that master from Washington was, he said. Yet now Ghana…