Few things are harder than admitting youre struggling with debt, but help is at hand. I recently attended the launch of the National Debt Helpline, a service funded by federal and state governments, which has the potential to turn around the fortunes of Australians weighed down by runaway debt. We are collectively carrying more debt…
DetailsNeiman Marcus has hired an investment banking firm to help it restructure its debt, but is in no immediate risk of bankruptcy, according to Reuters. The Dallas-based luxury retailer has hired Lazard Ltd. to help it shore up its balance sheet, sources told Reuters on Friday. While the company needs some relief from its $4.8…
DetailsAn Enniskillen woman whose debts were spiralling out of control has praised the help she received from the local branch of Christians Against Poverty (CAP). I was under extreme pressure. I didnt know which way to turn, the grandmother, who wishes to remain anonymous, told The Impartial Reporter. I got into difficulties with door-to-door loans…
DetailsBanks are preparing a major endeavor to restructure problematic corporate loans which extend across four key business sectors and add up to some 5-5.5 billion euros. In the coming weeks and months the credit sector aims to tackle loans worth 1.1 billion euros in the steel industry (of which about half are nonperforming), a billion…
DetailsDeutsche Bank plans a significant capital hike alongside the flotation of its asset management holding and further restructuring from asset disposals, Germany’s biggest lender said on Sunday. The 8 billion ($8.5 billion) capital raise will be launched on March 21, the bank said in a statement, and undertaken via the issuance of new shares with…
DetailsNationalDebtRelief.com one of the most influential factors in a persons credit score is their payment history Past News Releases RSS Miami, FL (PRWEB) March 05, 2017 National Debt Relief recently shared in an article published February 20, 2017 some great insights to help consumers understand their credit score better in light of their debt…
DetailsNational Debt Relief recently shared in an article published February 20, 2017 some great insights to help consumers understand their credit score better in light of their debt obligations. The article titled, “The True Effect of Debt On Your Credit Score” aims to educate consumers about their score in a bid to understand it better.…
DetailsOne of three companies taken to court by the government over unpaid ground rent for the Casino di Venezia site in Vittoriosa has been declared bankrupt by a court and is to be liquidated. The company, Vittoriosa Gaming Ltd (VGL) also owns all the shares in another of the companies that are…
DetailsThe new Debt Consolidation Plan (DCP) offers welcome relief to borrowers who find themselves in deep despair under a mountain of debt. Under the scheme, eligible borrowers can now reduce their debt burden and consolidate their outstanding balances across various banks, by nominating one participating financial institution to gather together all their debt. The scheme…
DetailsWhile the new Debt Consolidation Plan (DCP) is offered by 14 participating financial institutions, the Debt Management Programme (DMP) is another debt repayment scheme offered by Credit Counselling Singapore (CCS) since 2004. CCS is a registered charity and an agency that assists people with unsecured debt problems. Yet another avenue, the Debt Repayment Scheme (DRS),…
Details