National non-profit provides consumers with guidelines on how to effectively tackle their debt Boston, MA (PRWEB) February 09, 2016 Start off the New Year right and achieve financial peace of mind by making 2016 debt-free. In order to help consumers achieve their financial resolutions, national non-profit American Consumer Credit Counseling has provided tips on how…
DetailsAfter posting N267bn loss in 2015 from marketing crude and refined petroleum products and accumulating cash call debts of over $6bn to joint venture partners as well as cash constraints to fund key operations, some analysts conclude that NNPCs underlying problem is that it is insolvent. Several independent and government-commissioned audits have also given credence…
DetailsYes the financial crisis and resulting bailout of the banks have cost taxpayers billions. But a less discussed impact of the crisis has been the diminution of competition in the financial services landscape. A combination of tighter regulation, diminished consumer appetite and the bad experiences of other foreign players may have scared off new entrants…
DetailsA director caused more than £250,000 of stock to be transferred from a failing company to another business of which he was also a director. The move, by Christopher Lister, of GMS Stone Supplies Ltd, meant creditors, including the HMRC, who were owed more than £170,000, lost out when the company was liquidated. Mr Lister,…
DetailsNathan Tinkler has been fighting since mid-last year to stave off the bankruptcy claim from GE Commercial. Photo: Getty Images Hard on the heels of attempts to revive his coal industry credentials, controversial businessman Nathan Tinkler has been declared bankrupt over funds owed from the sale of his luxury private jet, although the ruling has been stayed…
DetailsSome employers lend workers a hand paying off their student loans. Photo by Margaret Lampert Charlie Donovan (pictured) can start saving for other goals. As the job market continues to tighten, employers are facing stiff competition to attract and retain the best talent. To appeal to the droves of workers balancing student loan payments with…
DetailsComments Print /License AA Insolvent Danier Leather Inc. generated interest from 33 companies last year about possibly acquiring the retailer or providing it with much-needed capital, but no formal offer emerged. At the same time, the financial performance of the 84-store chain continued to decline and its internal financial forecasts were repeatedly revised downward, Brent…
DetailsMelbourne Cup winner Prince of Penzance hits the line with a lead that Tabcorp could only dream of. Justin McManus Tabcorp had a slightly better December half, once significant items were filtered out, but the real story in the gambling industry is competition. First, though, let’s look at Tabcorp (TAH). In FY15 Tabcorp’s profit was…
DetailsGambling chips stacked around roulette wheel on gaming table(Photo: Michael Blann, Getty Images) They steal from family members and employers. They max-out multiple credit cards and write bad checks. They lie to family members and friends to hide the painful truth. They are Wisconsins compulsive gamblers, and many of them have paid a steep price…
DetailsTerrence Horan/MarketWatch Dear Moneyologist, My 32-year-old brother recently took a job in Des Moines, Iowa, where I currently live. I said he could move in with me until he found a good place for himself. Since he has moved in I found out tha… Read the full article at: http://www.marketwatch.com/story/should-i-pay-my-brothers-20000-taxes-and-credit-card-gambling-debt-2016-02-08
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