Category Archives: Debt Help

Nirmala Sitharaman stresses sustainable debt management to protect future generations

Highlighting the growing challenge of inter-generational debt, Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday underscored the need for economies to prioritise “debt management and financial security” in the coming decade. She cautioned against placing an excessive financial burden on future generations, calling for sustainable fiscal policies to address the issue. “Responsible economies can’t…

Bangkok Post – Cabinet approves debt-relief measures

Retail borrowers and small businesses to benefit from interest suspension and reduced principal payments PUBLISHED : 11 Dec 2024 at 15:03   Small   Medium   Large A visitor walks… Read the original article here

Millions of Australians enjoy debt relief as cuts to HECS loans start rolling in

The federal government has wiped $3 billion in HECS-HELP debt from Australian student debt loans after announcing changes to how indexation is applied. It means former students with an average HECS debt of $27,000 will have about $1200 added as a credit to their outstanding loan. Millions of Australians have had their HECS loans reduced…

Millions of Australian students closer to having $3 billion of debt wiped

Three million Australians are a step closer to seeing their student loans slashed after Labor’s debt relief bill passed through the House of Representatives. If the bill passes through the Senate, the ATO will apply an automatic credit for the difference between the current indexation rate and new indexation rate, backdated to June 1 last…

Consumers in These 10 States Seek the Most Debt Help — What Programs Are They Using?

SrdjanPav / iStock.com Following a brief pause during the COVID-19 pandemic when consumers reined in credit card spending, Americans are once again piling up the debt. Many are also looking for ways to manage that debt — especially in states like Nevada, Virginia and Delaware. Consider This: 3 Signs You’ve ‘Made It’ Financially, According to…

South Korea sees spike in online gambling

From 2019 through 2023, illegal online gambling in South Korea increased threefold. Online gambling accounted for 80% of all illegal wagers, with young people at increasing risk. Between 2019 and 2023 in South Korea, known cases of online gambling almost tripled. The National Gambling Control Commission (NGCC) The National Gambling Control Commission (ngcc.go.kr), reports that…

Is Sports Betting Contributing to Higher Debt?

Research conducted in July has found a link between legalized gambling and poor financial health. Dec 10, 2024 • 13:45 ET • 4 min read Photo By – Imagn Images. A recent article from the Oklahoma Voice draws on various studies to examine the link between the growing legal sports betting industry in the U.S.…

Aussie SMEs in critical need of debt support, data reveals

AVA Advisory revealed a significant portion of Australian small businesses needed assistance when managing and dealing with their business debt. Research from the debt restructuring business highlighted that 38 per cent of SMEs acknowledged their need for financial or business advice against the backdrop of rising inflation and economic challenges. Along with the acknowledgement that…