Category Archives: Debt Help

Menendez, Booker, Colleagues Urge Education Department to Expand Debt Relief for Student Loan Borrowers – InsiderNJ

Menendez, Booker, Colleagues Urge Education Department to Expand Debt Relief for Student Loan Borrowers Menendez, Booker, and Colleagues to Secretary Cardona: We encourage the Department to pursue policies that reduce disparities in the burden of student debt, simplify loan repayment, close donut holes in forgiveness programs, and improve the overall confidence of borrowers in the…

U.S. urges China, private sector to boost participation in G20 debt response – Reuters

George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration WASHINGTON, July 6 (Reuters) – The United States on Tuesday urged China and the private sector to increase their participation in a G20 debt moratorium for low-income countries hammered by the COVID-19 pandemic,…

Debt management ACL regime begins – The Adviser – The Adviser

ASIC has warned debt management firms, who are now require to hold an ACL, that it is closely monitoring compliance with new laws and will take action when necessary. From 1 July 2021, debt management service providers (including firms offering debt negotiation or credit repair services) are regulated under the National Consumer Credit Protection Act…

Refinance for debt consolidation: pros, cons, and what to know – Fox Business

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. If you have high-interest debt, like…

Oman asks IMF technical assistance for debt strategy, fiscal framework – Reuters

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas DUBAI, July 6 (Reuters) – Oman has asked the International Monetary Fund to provide technical assistance to help the country develop a medium-term debt strategy and strengthen its fiscal framework, the IMF said. The Gulf…

Black farmers seek more than debt relief – Politico

By XIMENA BUSTILLO 07/06/2021 10:00 AM EDT Editors Note: Weekly Agriculture is a weekly version of POLITICO Pros daily Agriculture policy newsletter, Morning Agriculture. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the days biggest stories. Act on the news with…

Debt management licensing regime has commenced – Mirage News

From 1 July 2021, providers of debt management services (including firms offering debt negotiation or credit repair services) are regulated under the National Consumer Credit Protection Act 2009 (National Credit Act). This means providers of these services must: hold a credit licence with an authorisation that covers those services (or act as a representative of…

Fix your problem with credit card debt once and for all – The Province

Breadcrumb Trail Links Personal Finance Columnists Credit debt has decreased in Canada, but thats little comfort if youre struggling with your own bills. Heres how to get back on track. Author of the article: Scott Hannah File photo of a Mastercard credit card. Photo by Reuters Article content Q: My partner and I were looking…

Thinking of Consolidating Debt? This Is the Most Important Question You’ll Have to Answer – Motley Fool

You need to make sure that debt consolidation makes financial sense for you. Debt consolidation can be a good way to take control of your finances. One of the advantages of debt consolidation is that you’ll simplify the process of becoming debt free. You will have only one loan to pay instead of having multiple…

Debt management sector now regulated – Banking Day

Debt management companies, long the bane of consumer groups and financial counsellors, face a new world of regulation as the new financial year starts. Providers of debt management services must now hold an Australian credit licence and meet ongoing compliance obligations. As ACLs, they will have to become members of the Australian Financial Complaints Authority.…