Debt counselling company, Debt Rescue, says it has experienced a substantial increase in financially distressed consumers applying for debt review over the past few months. Debt Rescue CEO, Neil Roets said that since the beginning of January there had been a marked increase in the number of consumers who sought relief by going under debt…
Amrita Jayakumar, NerdWallet 4:00 p.m. ET June 24, 2017 Paying off debt requires a comprehensive plan. If income and expenses wont fix the problem through consolidation, consider bankruptcy.(Photo: Getty Images/iStockphoto) When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of…
Credit card debt has become a big problem for a lot of consumers especially for single parents that is why National Debt Relief shares some tips to manage it with a recently published article. The material released May 15, 2017 and titled “8 Tips For Single Parents Struggling With Credit Card Debt” aims to give…
Student loans were, of course, supposed to be a good idea. They would help people acquire knowledge and skills that would qualify them for higher-paying jobs. What largely happened instead is that student loan borrowers are saddled with debt repayment obligations they cannot meet. They then default, their credit score goes in the tank, they…
Debt counselling might not work for everyone, but if done properly it does uncover cases of reckless lending and the greed of some credit providers. If your debt was granted recklessly, it can be set aside by the courts. The effectiveness of debt counselling and its cost to overindebted consumers are under the spotlight as…
Shiv Kumar Tribune News Service Mumbai, June 24 The Maharashtra government has announced a farm loan waiver amounting to Rs 34,000 crore. Called the Chatrapati Shivaji Maharaj Krishi Samman Yojana, loans up to Rs 1.5 lakh rupees of individual farmers that were taken before July 2016 will be waived, Chief Minister Devendra…
Two weeks after a loan waiver was announced, Maharashtra chief minister Devendra Fadnavis on Saturday launched another scheme to provide Rs 34,000 crore debt relief to the financially distressed farmers in the state. The newly announced scheme by the BJP-led government will see debt of up to Rs 1.5 lakh per farmer being written off.…
Members of the armed forces are at risk of financial problems when they the leave, in part because they struggle to find new employment, according to advice provider PayPlan. The average debt held by former military personal entering an Individual Voluntary Arrangement stands at £51,435, internal figures from the company showed, compared to an overall…
You thought you did everything right: got into a good college, netted that degree, and joined the working world. To put the cherry on top of your adulting sundae, you decided to streamline your student debt with some professional help thinking that, for only a couple hundred bucks, a reputable company would get your loans…
Leslie Tayne, Credit.com 1:00 p.m. ET June 22, 2017 Debt can help a business thrive. It can be used to your advantage if you know how to manage it. Here are four tips for using debt to help grow your business.(Photo: Getty Images/iStockphoto) Many business owners run in the other direction when they hear the…