Debt relief programs can be useful in many cases, but there are times when it makes more sense to enroll in one. Getty Images Debt can become a significant burden on one’s financial well-being, causing stress and hindering the pursuit of long-term goals. But despite the many downsides of taking on too much debt, many…
DebtManagers says about 900,000 New Zealanders are currently struggling with debt. Photo: 123RF A debt management firm says an ongoing failure to deal with bad debt is costing the economy more than $2 billion a year. DebtManagers buys non-performing debts from businesses and works directly with debtors to recover the debt, by stopping fees and…
President Joe Biden.Kevin Dietsch via Getty Images
Key takeaways Using a debt consolidation loan to combine your existing debt can help you streamline your monthly payments and save on interest. Other debt relief strategies like debt settlement and bankruptcy should only be used as a last resort since they can cause serious harm to your credit profile. A credit counselor can create…
The Biden-Harris Administration today took another step in its continued efforts to provide financial relief to significant numbers of student loan borrowers with the release of an updated copy of proposed regulatory text. The proposals build on the Biden-Harris Administrations actions to date to provide student loan borrowers with much-needed breathing room. Already the Administration…
The Education Department released new details on its second attempt at debt relief. It’s considering five groups of borrowers to be prioritized for relief, like those with balances greater than what they started with. Some borrowers could get up to $20,000 in relief, per the proposed text. President Joe Biden’s next plan for getting student-loan…
(Alliance News) – The Barclay family has repaid the nearly GBP1.2 billion that it owed to Lloyds Banking Group PLC, opening up its chance to transfer control of the Telegraph newspaper to an Abu Dhabi-backed fund. Lloyds confirmed that it had received the money on Monday, after seizing control of Telegraph Media Group in June…
Allison Martin December 5, 2023 at 4:25 AM Key takeaways Using a debt consolidation loan to combine your existing debt can help you streamline your monthly payments and save on interest. Other debt relief strategies like debt settlement and bankruptcy should only be used as a last resort since they can cause serious harm to…
Summary Companies Barclay family repays 1.2 billion pound debt to regain control Abu Dhabi backed deal and is due to become new owner of titles But UK blocks transfer pending review of impact on press freedom LONDON, Dec 4 (Reuters) – The Barclay family regained control of Britain’s influential Telegraph newspaper on Monday after Abu…
Reuters. A woman uses a cash machine at a Lloyds Bank branch in central London, Britain February 25, 2016. REUTERS/Paul Hackett/File Photo By Paul Sandle and Sarah Young LONDON (Reuters) – The Barclay family regained control of Britain’s influential Telegraph newspaper on Monday after Abu Dhabi-backed RedBird IMI (LON:) helped repay its 1.2 billion pound…