The city of Chicagos latest phase in debt relief sets its sights on administrative debt, the sort of debt incurred by tickets for noise violations or littering. The standard Administrative Debt Relief program is in place through March 31. Individuals and businesses can pay off their original fine amount, and the city will waive any…
FOLLOWING last week’s column on the extortionate rates being charged for credit card debt, I had some queries regarding debt consolidation loans which I’ll just clarify. Just like the old Gombeen man, as most of you will have seen, there are many very helpful comparison sites out there keen to help’, like putting a fish…
Millions of Australians with Higher Education Loan Program (Help) loans could face thousands of dollars in extra debt this year as soaring inflation hits the education sector. Independent modelling provided to Guardian Australia suggests Australians with an average Help debt of $24,770.75 will face an increase of at least $1,700 when it is next indexed…
Between financially helping his parents and losing income as a result of the COVID-19 pandemic, Jeremy Mazza landed into serious credit card debt. Relief came from a source he wasnt expecting: his partner, Ginna Lambert, who had come into a small inheritance. She suggested investing part of her bounty in their shared future by lending…
Comment on this story Comment Gift Article The Biden administration on Friday released a state-by-state breakdown of people who could get assistance from the presidents embattled student-loan debt relief program, days after the Education Department said independent auditors had questioned the estimated cost of the effort. Wp Get the full experience.Choose your plan ArrowRight Officials…
Federal Student Aid’s 2022 annual report said that resuming student-loan payments this year will be a “huge undertaking.” It cited the unprecedented nature of Biden’s broad debt relief and extensions of the payment pause. The agency said it will improve customer service, but borrowers are continuing to struggle with their loan servicers. Loading Something is…
Friday, 27 January 2023, 10:34 amPress Release: Loansmart Loansmart has just released the numbers behind its debt consolidation loans, showing that borrowing is on the rise. During the past year, the average consolidation loan increased by $5,000, and the number of loans consolidated increased from 2-5 to 3-7. The average debt consolidation loan at Loansmart…
Welcome back to Money Made Easy, where we focus on simple ways to manage your finances and save money. In the latest installment of the series, CNBC Select Contributor and financial advisor Kristin Merrick walks us through her best tips for rethinking how you manage your money in 2023. Check out the full interview featured…
Photo illustration: Sarah Grillo/Axios. Photo: Jean-Claude Coutausse/Bloomberg via Getty Image Lusaka, Zambia The first test for African debt restructuring in a post-COVID world is playing out in Zambia, a land-locked country bigger than Texas, rich in copper and loaded with Chinese debt and so poor that most of its population lives on less than $2…
i. Ministerial Foreword The Scottish Government has made a commitment to identify and take forward improvements in our debt management solutions to ensure they remain fair and fit for purpose. I believe we have an excellent system with solutions that provide fair and effective remedies for people trying to deal with problem debt and those…