Graham Crombie. A deal designed to help Delta recover a $13.4million bad debt from a stalled Christchurch subdivision is expected to take years to realise and comes with no guarantees, it has been revealed. Dunedin City Holdings Ltd chairman Graham Crombie outlined details of the deal in a media statement yesterday, following a marathon discussion…
Over 100,000 people in Wales received help and support from Citizens Advice Cymru in the last year – 2% more people than the previous year. Of those, 26,400 people were helped with debt-specific problems, the most popular topics reported by the organisation. Their figures also show that between April 2015 and March 2016, £68.65 million…
National Debt Relief recently shared in an article published July 2, 2016 some very useful consumer tips to help them manage their mortgage payments. The article titled “What To Do If Your Mortgage Payment Is Dragging Your Finances Under” looks at various ways to help people stay on top of their house payments. Miami, FL…
Residents encouraged to seek debt advice over unpaid council tax A CHARITY is encouraging residents in Windsor and Maidenhead to seek advice on dealing with debts, as its revealed that the Royal Borough is owed around £5.6 million worth of council tax. Debt advice charity the Money Advice Trust runs the National Debtline, which receives…
Soaring college costs and rising student loan debt are huge issues in this year’s presidential election. Right now, Americans carry nearly $1.4 trillion not million or billion, but trillion in student-loan debt, according to MarketWatch. That number grows by $2,726 every second. What’s even more alarming is that students with small amounts of student debt…
There has been a massive rise in the number of people seeking help with council tax debt. As arrears in payments to the local authority continue to mount, the issue has become the top reason for people seeking help with financial issues from Citizens Advice. In the past council tax has been frozen but there…
A new poll of senior leaders from Midwest Farm Credit lenders shows commodity prices as the greatest challenge facing their customers. Farm Credit lenders are responding to this by providing services to restructure the financial situations of their customers. In a new “AgriThought” report, Jerry Lehnertz, senior vice president of Credit at AgriBank, examined the…
A Brazilian court has approved the reorganisation of the debt of Shree Renuka Sugars ‘ subsidiary in the country. The recast slashes Renuka Vale do lvai’s debt by Rs 168 crore, the company’s management said. While the plan to restructure the debt was approved by creditors on June 6, the court order came on Tuesday,…
Customers are to be given more reminders over the end of promotional periods and more ability to choose payment dates, following a study of the market by the Financial Conduct Authority (FCA). The watchdog set out the measures in the hope consumers will get a better deal and pay less for debts. More rules are…
Chinas national team is getting bigger. After stepping into the currency and equity markets repeatedly over the past year to stem declines, government-linked entities are now spurring capital inflows by raising money offshore and bringing it home. Sales of dollar bonds by some of Chinas biggest state-run firms rose to a record $18.7 billion in…