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Category Archives: Debt Help

Elifinty and Fair Money Advice partner to disrupt debt advice space – Finextra

Debt HelpBy Insolvency GuardianFebruary 23, 2021

Elifinty, a London-based fintech tech start-up, and Fair Money Advice, a London-based debt advice charity, announce a game changing partnership to help deliver better financial services and debt advice for people in the UK. The collaboration comes on the back of Elifintys recent participation in the FCA & City of London Sandbox where they are…

The Right Way To Do Student Debt Relief – Forbes

Debt HelpBy Insolvency GuardianFebruary 22, 2021

WASHINGTON, DC – FEBRUARY 4: Senate Majority Leader Chuck Schumer (D-NY) speaks during a press … [+] conference about student debt outside the U.S. Capitol on February 4, 2021 in Washington, DC. Also pictured, L-R, Rep. Mondaire Jones (D-NY), Rep. Alma Adams (D-NC), Rep. Ilhan Omar (D-MN), Sen. Elizabeth Warren (D-MA) and Rep. Ayanna Pressley…

Student Loan Debt Relief: Recent Changes Advisors Should Know – ThinkAdvisor

Debt HelpBy Insolvency GuardianFebruary 22, 2021

It is important to remember that borrowers can refinance a federal loan to a private loan, but they cannot go the other way or revert back once this occurs. The decision may be simpler for prospective borrowers since federal loan rates change each year and are based on the high yield of the last 10-year…

Sudan devalues currency in effort to access debt relief – Al Jazeera English

Debt HelpBy Insolvency GuardianFebruary 21, 2021

The move meets key demand by international financial institutions to help Sudans transitional authorities overhaul its battered economy. The Central Bank of Sudan has sharply devalued the currency, announcing a new regime to unify official and black-market exchange rates in an effort to overcome a crippling economic crisis and access debt relief. The change on…

UK urged to take lead in easing debt crisis in developing countries – The Guardian

Debt HelpBy Insolvency GuardianFebruary 21, 2021

Boris Johnson should use his presidency of the G7 this year to insist that UK banks take part in the global push to alleviate a new developing country debt crisis, a campaign group has urged. The Jubilee Debt Campaign (JDC) said there was a special responsibility on Britain to act, as it released new figures…

Sudan devalues currency to meet key condition for debt relief – Reuters

Debt HelpBy Insolvency GuardianFebruary 21, 2021

By Khalid Abdelaziz 4 Min Read KHARTOUM (Reuters) – Sudans central bank sharply devalued the currency on Sunday, announcing a new regime to unify official and black-market exchange rates in an effort to overcome a crippling economic crisis and access debt relief. The change is a key reform demanded by foreign donors and the International…

The pros and cons of debt consolidation – cleveland.com

Debt HelpBy Insolvency GuardianFebruary 20, 2021

If you have multiple streams of debt, like high-interest credit cards, medical bills or personal loans, debt consolidation can combine them into one fixed monthly payment. Getting a debt consolidation loan or using a balance transfer credit card can make sense if it lowers your annual percentage rate. But refinancing debt has pros and cons…

How to make good on your resolution to pay off debt in 2021 – WSPA 7News

Debt HelpBy Insolvency GuardianFebruary 20, 2021

(NerdWallet) If you have high-interest consumer debt, getting control of your money in the new year might sound overwhelming. Most Americans say the COVID-19 outbreak has caused financial stress, according to a survey released in October by the National Endowment for Financial Education, with 30% listing debt as their top stressor. Despite the pandemic, you…

World Bank, IMF to consider climate change in debt reduction talks – Reuters

Debt HelpBy Insolvency GuardianFebruary 20, 2021

By Andrea Shalal 4 Min Read WASHINGTON (Reuters) – The World Bank is working with the International Monetary Fund (IMF) on ways to factor climate change into the negotiations about reducing the debt burdens of some poor countries, World Bank President David Malpass told Reuters in a Friday interview. FILE PHOTO: World Bank President David…

First Choice Debt Relief Review – Investopedia

Debt HelpBy Insolvency GuardianFebruary 19, 2021

First Choice Debt Relief is not one of our top-rated life debt relief companies. You can review our list of the best debt relief companies for what we think are better options. Like many other debt relief companies, First Choice Debt Relief helps clients get out of debt using a strategy known as debt settlement.…

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