Palm Springs storage business forgives debt to help family in need – KESQ
… Read the full article at: https://www.kesq.com/news/palm-springs-storage-business-forgives-debt-to-help-family-in-need/926333200
Customers of payday lenders are ashamed, broken and suicidal, Senate inquiry told – The Australian Financial Review
“There are some people for whom payday lenders is appropriate,” Ms Guthrie said. However, very few FCA clients would enter into such arrangements after an initial consultation, it was heard. FCA counsellor Sandra Blake, who appeared alongside Ms Guthrie at the hearings, said she had not seen one instance where payday loans had been useful…
MN attorney general sues tax debt relief firm for violating consumer protections – St. Paul Pioneer Press
Minnesota Attorney General Lori Swanson is suing a tax debt relief company for allegedly violating the states consumer protection laws. Swanson filed a lawsuit in Hennepin County District Court Tuesday against Virginia-based Wall and Associates. The complaint alleges that Wall did not register with the state, collected large advance payments and was unresponsive to some…
Alleged student debt relief scam leads to arrest of CEO – MarketWatch
In the summer of 2017, Beverly Sills, a Memphis, Tennessee Veterans Affairs Hospital employee, discovered she hadnt made a payment on her student loans since December 2015, despite sending roughly $3,000 during that period to Ameritech, a company she believed was managing her debt, according to court documents. About a year earlier, Craig Davis, of…
12 tips to help you avoid Christmas debt – Hambleton Today
Citizens Advice Mid North Yorkshire has brought out 12 tips to help people avoid Christmas debt. Picture: Pixabay A charity in Hambleton has brought out a Christmas list of 12 tips to help people protect family finances during the festive season. Citizens Advice Mid North Yorkshire has helped 1,390 people with debit problems in…
Vulture funds and governments seek profit from Sudan debt relief – CADTM.org
Much of Sudans current debt came from loans in the 1970s and early 1980s when the government was supported by western countries during the Cold War. In 1984 following a set of economic shocks, including a huge drought, Sudan defaulted on the debt to western governments and multilateral institutions, as well as private companies. Since…
OECD says student loans scheme should be less generous – The Australian Financial Review
“While the HELP program is not considered a form of welfare and the intent is to get those who benefit from education to make a contribution, the generosity of the HELP program is at odds with otherwise highly targeted and means-tested social policy in Australia.” “Lower generosity of the HELP system would … not necessarily…
FTC Halts Student Loan Debt Relief Schemes – ACA International
The operators of two Florida-based student loan debt relief schemes are banned from the debt relief business as part of agreements settling Federal Trade Commission allegations that they collected illegal upfront fees and falsely promised to help some consumers enroll in government programs that would reduce or forgive their student loan debt, according to a…
FTC Settles With Two Student Loan Debt Relief Companies Over Illegal Upfront Fees and False Promises – insideARM.com
In October 2017, the Federal Trade Commission (FTC) and several states launchedOperation Game of Loansto help fight deceptive student loan debt relief scams. Stemming from this program, the FTC settled with Student Debt Doctor (SDD) and American Student Loan Consolidators (ASLC), two Florida-based student loan debt relief companies, over collecting illegal upfront fees and falsely…
Gift idea for the college graduate: Help pay off student loan debt – NewsOK.com
Advertisement Shopping for a college graduate this holiday season? A new survey suggests helping with their student loan debt. [The Oklahoman archives] Gift-giving for that person on your list who graduated from college with student loan debt could be as easy as helping make a payment. Odds are it would be much appreciated. A new…