COVID-19 lockdowns inspire Australians to wipe off record levels of credit card debt in May – The New Daily

Australians paid off their credit card debt in record numbers in May, according to Reserve Bank data. But analysts say the debt repayments have come at the expense of superannuation, with the tax office having approved roughly $25 billion of early withdrawal claims from 2.4 million people. New figures released by the Reserve Bank of…

A gambling suicide EVERY day: Shocking report finds 2m families blighted by problem gambling – Daily Mail

A gambling suicide EVERY day: Shocking report finds 2m families blighted by problem gambling and 50,000 CHILDREN are addicted The House of Lords review found betting blights the lives of two million Britons The panel behind the report urged the Government to curb giant betting firms It called for mandatory checks to ensure gamblers can…

Should Student Loan Debt Be Easier to Discharge in Bankruptcy? – Top 3 Pros & Cons – ProCon.org

Should Student Loan Debt Be Easier to Discharge in Bankruptcy? Pro 1 Denying student loan debtors the benefits of bankruptcy is unfair. The US Supreme Court said in 1915 that the benefits of bankruptcy allow debtors to start afresh free from the obligations and responsibilities. Famous business leaders from Henry Ford to President Donald Trump…