There has been a significant increase in calls to debt assistance services by seniors this year, including those struggling with their mortgage repayments. According to recent statistics from the National Debt Helpline, a free independent service launched in 2011 for Australians experiencing financial difficulty, the helpline received more than 120,000 calls from January to August…
Ian Berry/CNNMoney Ian Berry/CNNMoney … Read the full article at: https://www.keyt.com/news/education/judge-unblocks-obama-rule-on-student-debt-relief/807888198
(CNN) – An Obama-era rule designed to help students cheated by for-profit colleges get relief on their education debt finally took effect Tuesday after efforts by the Trump administration to block it. A federal judge ordered immediate implementation of the rule, delayed last year by Education Secretary Betsy DeVos, while a challenge from the for-profit…
The new Public Debt Law enabling the UAE to issue sovereign bonds will help to deepen the capital markets in the second-biggest Arabian Gulf economy, enabling the country to tap a wider pool of financing options and creating a government yield curve to bolster secondary debt market in the UAE. The debt law represents a…
Debt Consolidation OptionsCan Stock Photo / focalpoint Debt consolidation is the conversion of high-rate debt into lower-rate debt in order to reduce total interest costs. Homeowners with large amounts of credit card debt who have unused borrowing power on their home have a consolidation option. Whether or not it is in the homeowners long-run interest…
Photo Credit: Daniel Acker/Bloomberg A 2016 Bankrate study revealed that 67% of people under the age of 30 do not have a credit card, which is an interesting statistic in light of the fintech boom and amid the lack of trust that banks have following the financial crisis. However, credit card debt is still rising…
Related Story: Organ donors and religion: The myths and misconceptions Related Story: Teenage kidney recipient leads push to overhaul organ donation system For those in need of a kidney transplant in Indonesia, medical experts say Facebook is proving more effective than official organ registries when it comes to finding…
A team of experts from the International Monetary Fund will travel to Islamabad in the coming weeks to discuss a possible financial assistance package for Pakistan despite warnings from U.S. lawmakers and the Trump administration that the money would be used to pay off massive debts Pakistan has run up with China. IMF Managing Director…
Founder and CEO of LendStreet, Jerry Nemorin.LendStreet Americans are sinking in debt. Over 70% of Americans die in debt with credit card and mortgage balances being at the top of the list. A number reasons and choices can cause anyone to fall into debt. Unexpected life moments like the death of a spouse, lost of…
by Tim Boyd Exploring the differences in generations is always a hotly-contested conversation as each generation invariably tries to convince the other that they have been more hard done by. Butthings are not always so black and white, and nowhere is this more visible than the differing money attitudes of Baby Boomers and Generation Z…