Increasing the financial eligibility criteria will give more people access to debt relief orders and help them get out of problem debt Research shows that more people are seeking debt advice and are likely to require financial relief Proposals have been outlined by the government to increase the financial eligibility criteria for debt relief orders…
Nearly two-thirds of Americans have already received the government’s second round of stimulus checks as part of the latest $900 billion Covid relief bill. The payments up to $600 per individual or $1,200 per married couple and an additional $600 per child under 17 help cash-strapped Americans get by during these uncertain times. But the…
London Angola has secured three years of payment relief from Chinese creditors and expects to get more than $700m in its next tranche of International Monetary Fund (IMF) financing in the coming days, its finance minister said on Monday. Africa’s second-largest oil exporter has been seeking payment relief as it strives to overcome the hit…
By Reuters Staff 2 Min Read LONDON (Reuters) – The Paris Club of international creditors said on Monday it had accepted a request from Kenya for a debt-servicing suspension from January to the end of June. Kenya is committed to devote the resources freed by this initiative to increase spending in order to mitigate the…
January 10, 2021 22:09 ET | Source: United States Small Business Administration Washington, Jan. 10, 2021 (GLOBE NEWSWIRE) — As the U.S. Small Business Administration continues implementation of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, signed into law by President Trump on Dec. 27, 2020, SBA Administrator Jovita Carranza made the…
Accredited Debt Relief uses a process called debt settlement to help you get out of debt. With debt settlement, you’ll stop making payments on your credit cards and other bills, and instead begin setting aside extra money in a dedicated savings account. Once you have 40% to 50% of the amount of each debt saved…
Business Standard Compamy says net debt down 15% from a peak of Rs 52,290 cr as on April 30, 2020, to Rs 44,308 cr on Dec 31, 2020 TopicsSAIL|Steel Authority of India|Debt Public sector major Steel Authority of India Ltd (SAIL) has managed to reduce its net debt from peak levels over the past eight…
Editorial Note: Forbes may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. If youre paying off high-interest debtespecially credit card debtyou may be familiar with debt consolidation loans. You can use a debt consolidation loan to save money, get out of debt…
China has waived some of the debt owed to it by the Democratic Republic of Congo, to help the central African country overcome the economic fallout from the coronavirus pandemic, Congo’s foreign affairs ministry said on Wednesday. The ministry did not say how much was forgiven. The deal was announced during a visit to Kinshasa…
7 January 2021 Guy Barnett, Minister for Primary Industries and Water A new Tasmanian Farm Debt Mediation scheme will be developed to help farmers in financial stress work with their creditors. The scheme offers a structured negotiation process where a neutral and independent mediator helps farmers and lenders communicate and come to a formal agreement…