Debt consolidation is an umbrella term for combining various debts into a single one. This can be done through a loan, using a balance transfer credit card, or through a specialized agency, among other options. The goal is to make the new debt more manageable by having one lender, one monthly payment and one interest…
The insolvency and restructuring profession rescued 297,000 jobs and returned 1.82bn to creditors in insolvency cases in 2019 the equivalent of around 800 jobs and 5m a day, according to a new report from R3, the insolvency and restructuring trade body. The report, The value of the profession: how insolvency and restructuring supports the UK…
GamCare has called for a more collaborative response to address gambling block loopholes, after the charity hosted a sector wide Gambling Related Financial Harm workshop. It says that a number of ways were identified which would allow self-excluded gamblers to deposit to online operators, which highlights the need for more information to be available to…
May 26 2021, 12:28 PMMay 26 2021, 12:28 PMMay 26 2021, 12:28 PMMay 26 2021, 12:28 PM Chiefs of private sector banks, who met with Reserve Bank of India Governor Shaktikanta Das on Tuesday, have pitched for a limited moratorium of payments and a wider window to restructure dues.Private bank chief executives requested that the…
GRIFFIN, Ga. (CBS46) — A report by creditcard.com says more than half of America got itself deep into debt during last year’s pandemic. Abasi Kitt did his best to work out a payment plan. Kitt is a Marta Bus driver who accrued over 35,000 dollars in debt. He searched for a debt relief company that…