SPRINGFIELD, Mo. Imagine paying up to 450-percent interest, with no end in sight.A longtime Springfield church is stepping in to help those drowning in payday loan debt. Pastor Danny Chisholm at University Heights Baptist Church was giving a sermon on Jesus bringing good news to the poor. Then he says a light came on in…
CHENNAI: Telecom major Reliance Communications (RCom), struggling under a monumental debt burden of Rs 42,650 crore is planning to pare it by as much as 75 per cent over the next year. A large part of the debt reduction will be helped along once the ongoing merger of the company with MTS and Aircel are…
NASHVILLE, Tenn., Sept. 27, 2016 (GLOBE NEWSWIRE) — Corrections Corporation of America (NYSE:CXW) (the Company or CCA), America’s largest owner of partnership correctional, detention, and reentry facilities, today announced a restructuring of the Company’s corporate operations and implementation of a cost reduction plan. CCA expects that 50 to 55 full time positions will be eliminated…
Yes, there’s such a thing as phantom debt collectors. And, yes, you can get contacted about a payday loan debt you simply don’t owe. Just ask intrepid consumer reporter Bob Sullivan, who received his very own debt collection note after simply reaching out to a payday loan company (and alleged phantom debt collector) for a story.…
I earn Dh10,000 a month but have outstanding debts of Dh40,000 on my three credit cards. I want to pay them off as soon as possible. I am living hand-to-mouth and the credit card payments are not allowing me to save. I built up the debt because of some random shopping I did for myself…
By Andrew Housser Debt consolidation is a way of taking out one larger loan that combines all of your debts, so that you have one interest rate and one payment to focus your repayment efforts. Many options are available to consolidate your debts, whether you do it yourself or through a professional firm. To decide…
A Hartlepool advice service helped more than 4,600 people in the last year including almost 1,000 with debts totalling £6.5million. Citizens Advice Hartlepool says the level of debt people are dealing with has not gone down over the last 12 months and can have a devastating impact including people losing their homes. Christopher Akers-Belcher. Picture…
By George Georgiopoulos and Lefteris Papadimas | ATHENS ATHENS Greece needs substantial relief to render its debt load sustainable and help set its ailing economy on a recovery path, the International Monetary Fund said in an annual review on Friday. The review, which is separate from current bailout implementation talks, said debt relief must be…
By Andrew Housser Debt consolidation is a way of taking out one larger loan that combines all of your debts, so that you have one interest rate and one payment to focus your repayment efforts. Many options are available to consolidate your debts, whether you do it yourself or through a professional firm. To decide…
On the last day of bidding, the initial public offer (IPO) of HPL Electric & Power was fully subscribed till afternoon trade Speaking on the companys plans for the future, Gautam Seth, Jt MD, HPL Electric and Power told CNBC-TV18 that the proceeds from the IPO would be used to repay Rs 130 crore…