Selects editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners. Consumers of all ages carry credit cards, but some generations have larger outstanding balances than others. Members of Generation X…
According to statistics, 80% of Americans are debt-ridden. Whats worse, the number of individuals strapped with debt continues to increase over the years. This is an inconvenience for some Americans and ruins the lives of others, especially widows and single parents. Fortunately, individuals with significant debt can use financial strategies such as debt consolidation and…
The Debt Respite Scheme, also known as ‘breathing space’, provides tenants in financial difficulties with extra protection. This article explains everything landlords need to know about the government debt scheme, from what to do if a tenant is given a breathing space, to how it could affect evictions. What is breathing space? The Debt Respite…
CORONA, Calif., June 8, 2021 (SEND2PRESS NEWSWIRE) Mortgage Coach, the only platform enabling mortgage lenders to create digital and accurate home loan options for consumers, today announced its addition of detailed debt consolidation strategies in the Total Cost Analysis (TCA) presentation, allowing loan originators to educate consumers on lower interest debt repayment options as peaking…
The debt relief initiative from the U.S. Department of Agriculture (USDA) will provide assistance for many socially disadvantaged farmers in California. Assistant Secretary for Administration at USDA, Osker Gonzales talked to AgNet West about some of the details of the program. The initiative is expected to provide assistance to hundreds of California farmers. Gonzales said…
Do you face problems when it comes to managing your debt? Or are you struggling with massive debt that you don’t think you will be able to clear in the future? If so, then it’s better to go for debt relief options. A debt relief program is ideal for people who are getting into debt…
Farmers of color are set to get unprecedented help this month. The U.S. Department of Agriculture plans $4 billion in debt relief as part of the latest pandemic stimulus package. The debt relief is designed to address a well-established history of discrimination against Black, Indigenous and other farmers of color. Studies going back to the…
Author: Toshiro Nishizawa, University of Tokyo The G20 recently extended its Debt Service Suspension Initiative (DSSI) for the rest of 2021, reflecting the severity of liquidity shortages facing the worlds poorest countries due to the COVID-19 pandemic. But it is only a temporary measure. A Common Framework for Debt Treatments beyond the DSSI endorsed by…
Education is the single highest-return investment most Americans will make, so getting our system of higher-education finance right is fundamentally important for US households and the economy. A key point in the student-loan debate is that the outcomes of borrowers vary widely. Undeniably, a significant number of borrowers are struggling, and are sympathetic candidates for…
More than 31,500 people in Scotland sought support from StepChange Debt Charity during 2020. And more than 11,000 went through a full debt advice process last year as the pandemic impacted peoples finances, according to the charitys latest Scotland in the Red update. Average client rent arrears rose 43%, which StepChange said was one of…