The CFPB accused five student-debt relief companies of charging consumers unnecessary fees. As a result, 23,000 impacted borrowers may soon receive checks compensating them in the mail. The total distribution amount is approximately $19 million. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the…
Multiple loans can be really hard to manage because it’s not easy to track several payments. If you are looking for an easy way out of your pile of loans, debt consolidation might be a suitable option for you to consider. What is a Debt Consolidation loan? Debt consolidation, in a simple definition, is the…
Image source: Getty Images How you can get paid to meet your financial goals! Key points Debbie uses cognitive behavioral therapy and behavioral psychology to provide you with personalized goals and tips to build good money habits. Best of all, Debbie pays you cash rewards when you meet your financial goals. Rising credit card debt…
The Inflation Reduction Act passed by Congress in August is providing many things to many people, including paying down the debt of 11,000 farmer borrowers who were delinquent on their FSA direct or guaranteed loans. So how did the Inflation Reduction Act, which was supposed to be aimed at rebuilding the nations transportation infrastructure, come…
Loading the player… The Black Lives Matter Global Network Foundation launched a new relief fund Monday aimed at Black college students, alumni and dropouts overburdened by mounting education costs and the student loan debt crisis. The foundation said it set aside $500,000 for the fund and plans to award more than 500 recipients with relief…
Summary Companies Public and private debt totaled $235 trillion Swings in debt ratios due to rebound from COVID, high inflation IMF sees further drops in debt ratios in 2022 WASHINGTON, Dec 12 (Reuters) – Global public and private debt saw its biggest drop in 70 years in 2021 after reaching record highs because of the…
Governments must take prudent measures to manage debt and their fiscal policy amid weaker global economic growth and tighter monetary policy to avoid future economic pain, the International Monetary Fund (IMF) said on Monday. Managing current high levels of debt will become increasingly difficult if the economic outlook continues to deteriorate and borrowing costs rise…
BENGALURU, India–(BUSINESS WIRE)–Movius, a global leader in cloud-based secure mobile communications, today announced that its conversational artificial intelligence (Conversational AI) platform, Curie, will power spoctos debt resolution and risk mitigation platform in India and the MENA region. The Silicon Valley-based Movius has signed an agreement with spocto, the worlds leading debt support and risk mitigation…
What Is Venture Debt Financing? Venture debt financing is a type of financing often used by early-stage companies that are looking to raise capital but do not yet have a proven track record of generating revenue. Unlike traditional forms of debt financing, venture debt is typically provided by specialized lenders who are willing to take…
How Banks Can Help Customers Tame Credit Card Debt CX Trends & Predictions for 2023 Stay ahead of the curve in 2023. Get the full scoop on CX trends, plus key questions to formulate your strategy. get the report Forum 2024 API Connectivity: Fast, Secure, and Reliable Aggregation learn more ( sponsored content ) 2022…