The CFPB accused five student-debt relief companies of charging consumers unnecessary fees. As a result, 23,000 impacted borrowers may soon receive checks compensating them in the mail. The total distribution amount is approximately $19 million. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the…
DetailsMultiple loans can be really hard to manage because it’s not easy to track several payments. If you are looking for an easy way out of your pile of loans, debt consolidation might be a suitable option for you to consider. What is a Debt Consolidation loan? Debt consolidation, in a simple definition, is the…
DetailsThe Citys top restructuring firms are preparing for an uptick in activity next year as higher interest rates push moribund businesses into insolvency. FRP Advisory and Begbies Traynor have both forecast an uplift in revenue after Christmas as the recession picks up pace and executives are forced to address weaknesses in their company balance sheets.…
DetailsWhile many construction companies make use of loans and credit to cover costs in hard times, these must be always paid back on time if you want to avoid business insolvency whether youre the owner of a long-established construction company or setting up a new business in the sector, take these tips on board to…
DetailsThe Conservative MP Adam Afriyie has said he will not quit as an MP after being made bankrupt by a court ruling, which found he owed about 1.7m. Afriyie was pursued by creditors including HMRC for 1m in unpaid tax and Barclays Bank. He asked for more time to sell the family home in order…
DetailsImage source: Getty Images How you can get paid to meet your financial goals! Key points Debbie uses cognitive behavioral therapy and behavioral psychology to provide you with personalized goals and tips to build good money habits. Best of all, Debbie pays you cash rewards when you meet your financial goals. Rising credit card debt…
DetailsThe Inflation Reduction Act passed by Congress in August is providing many things to many people, including paying down the debt of 11,000 farmer borrowers who were delinquent on their FSA direct or guaranteed loans. So how did the Inflation Reduction Act, which was supposed to be aimed at rebuilding the nations transportation infrastructure, come…
DetailsBorgward is bankrupt – electrive.com Dec 13, 2022 – 12:16 pm Borgward is bankrupt It is the end for Borgward despite their attempt to revive the brand with electric and hybrid cars. A court in China has officially declared the company bankrupt and Borgward has appliedfor permission to liquidate its assets. The brand is historic,…
DetailsLoading the player… The Black Lives Matter Global Network Foundation launched a new relief fund Monday aimed at Black college students, alumni and dropouts overburdened by mounting education costs and the student loan debt crisis. The foundation said it set aside $500,000 for the fund and plans to award more than 500 recipients with relief…
Details13 December 2022 ANURADHA NAGARAJ and RINA CHANDRAN Chennai, IndiaThomson Reuters Foundation B Bhavani assured her father she would quit online card games – a promise she had made several times before as her family in southern India fretted about her mounting debts. A few hours later, the 29-year-old took her own life. Bhavani, who…
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