Credit: Dede/Adobe Stock; In recent years, employees have been increasingly reevaluating what they value in an employer, with many prioritizing working for a company that cares about their financial well-being and one that can equip them with the tools, resources and education to help them understand and manage their debt. Employers who provide their employees…
Introduction The year 2023 brings once again a catastrophic toll in terms of the victims of European migration policies. On 22 June 2023, a decrepit trawler from Libya sank off the Peloponnese, leaving hundreds of victims. On 13 July 2023, another migrant boat from Sfax in Tunisia capsized off Lampedusa, killing around forty. A few…
SACRAMENTO, Calif., Aug. 30, 2023 /PRNewswire/ — Navigating the complicated world of personal finance and mounting debts can feel like an insurmountable challenge. However, with “Debt Busters” on the scene, a new era of financial relief and empowerment is unfolding. Launched in March 2023, this innovative debt relief company not only offers a comprehensive suite…
With loans and credit card payments, it can be difficult to keep track of debt and expenses accurately. A person may forget to repay a loan instalment or find it difficult to manage all their dues every month. In this context, debt consolidation may be the answer. The concept allows borrowers to refinance their debts…
A common financial struggle for Americans is deciding how much money to devote to savings versus paying down debt. While the answer varies on a case-by-case basis, its often important to strike a balance between the two. Wiping out high-interest debt on a timely basis will reduce the amount of total interest youll end up…
Jo Constantz | Bloomberg The share of employers offering student loan repayment benefits is climbing as companies hope to gain a competitive advantage in recruiting younger workers in a still-tight labor market. The share of full-time job listings mentioning student debt repayment programs has more than doubled since 2019, according to an analysis by job…
Your Monday morning roundup: August 29, 2023 Your Tuesday morning roundup: August 29, 2023 03:02 BALTIMORE — Baltimore Mayor Brandon Scott and the city’s Department of Public Works are distributing over $15 million in state grant funding for customers in need of water bill debt relief. Over 75,000 Baltimore City and County residents who accrued…
Neil Mitchell has addressed the horrendous debt crisis unfolding in Victoria, likening the state to a rust bucket. Ratings agency Moodys predicts the state will reach $200 billion in debt in the next few years. Victoria is looking more like a rust bucket and weve got to face it, the 3AW Mornings host said. Press…
Roughly one in three Americans have delinquent debt according to 2022 credit data from The Urban Institute. At 16%, medical debt makes up the highest percentage of debt delinquency, but consumers also default on student loans, auto loans and credit card debt. If someone’s debt is so large that making payments becomes unmanageable (or if paying off…
Key takeaways The average credit card debt owed by Gen Xers is over $7,000 higher than what other generations owe Credit card and overall debt can be managed and paid off by adopting effective tactics aimed at eliminating what you owe Proven strategies for reducing or eliminating credit card debt include reducing your spending, paying…