Working with a non-profit credit counseling agency to create a debt management plan can be a worthwhile option if you’re struggling with debt. However, just because an agency is non-profit doesn’t mean its affordable or trustworthy. Choosing the right debt management plan means considering factors like cost and reputation. Here’s what you need to know…
Brisbane wealth adviser Alanna Fraser has been battling to pay off a university student debt of $102,000. Key points: The National Union of Students says the federal government is profiting from student loans Annual indexation is causing loan amounts to rise sharply due to high inflation Treasurer Jim Chalmers says the system is fair She’s just…
LONDON, Feb 2 (Reuters) – The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters. The informal group of bilateral lenders is set to…
Given that his country is on the brink, Mohammad Ishaq Dar, Pakistans economy minister, is strangely serene. In the week to January 20th, his government burned through a quarter of its dollar reserves, leaving $3.5bn to cover loan repayments and imports that will probably come to more than twice that in the first quarter of…
The FCA initially consulted on a ban in November 2021 after identifying a lack of adequate management of the conflict of interest between giving advice in the customers best interests and recommending an option that makes the firms more money. Following analysis of the feedback the FCA received to that consultation, it decided to gather…
IRVINE, CA / ACCESSWIRE / January 31, 2023 / In the first 6 months of 2021, the total personal debt in the United States surpassed $14 trillion. As such, debt has become prevalent and it’s estimated that each adult has to pay back around $58,000. Furthermore, it’s considered that 77% of households carry debt of…
IRVINE, CA / ACCESSWIRE / January 31, 2023 / In the first 6 months of 2021, the total personal debt in the United States surpassed $14 trillion. As such, debt has become prevalent and it’s estimated that each adult has to pay back around $58,000. Furthermore, it’s considered that 77% of households carry debt of…
The Taxi and Limousine Commission and The New York Taxi Workers Alliance welcome a massive debt relief for New York City Medallion Taxi drivers after a long-awaited struggle. On Wednesday, Jan. 25, New York City Mayor, Eric Adams, along with United State Senator Chuck Schumer, the New York City Taxi and Limousine Commission Chair, David…
Debt consolidation can be a lifeline for consumers who are struggling to keep up with multiple credit card bills and Debt consolidation can be a lifeline for consumers who are struggling to keep up with multiple credit card bills and loan payments. One method for consolidating debt is with a personal loan, through which you…
DUBLIN–(BUSINESS WIRE)–KBRA Europe (KBRA) releases research detailing how shrewd and effective sovereign debt management has helped to mitigate sensitivity to interest rate increases. Euro area sovereigns have taken advantage of low interest rates in recent years and have restructured their debt profiles. These sovereigns actions help delay the impacts of higher interest costs, alleviating near-term…