Mohegan Gaming faces a liquidity crunch that could threaten its future as a “going concern”. The crisis is related to its new Inspire resort in South Korea. In its fourth-quarter and fiscal 2024 report, released on New Year’s Eve, Mohegan Gaming had good news and bad news. First, the good news. Company-wide, the Uncasville, Connecticut…
I remember Jason Clare defending the 7.1% indexation to Hecs debts in 2023 because a tertiary degree “makes you money”. I also recall the education minister’s praise of Australia’s student loan system at question time in February, lauding it for blowing “open the doors of university for more young Australians”, including those from disadvantaged backgrounds.…
Vice President Kamala Harris is turning her long-standing passion for consumer protection into policy. On Tuesday, Harris announced a new federal rule that will block credit agencies from including medical debt on credit reports—a move she said will “be life-changing for millions of families.” The rule marks a major step in President Joe Biden’s administration’s…
(InvestigateTV) — Bankrate found the average credit card interest rate today is 20.27%, making it very expensive to carry credit card debt. Sara Rathner with NerdWallet said those carrying a lot of credit card debt may want to consider debt consolidation. She said those with good credit could qualify for a balance transfer card. This…
NEW YORK (AP) — Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans, according to a rule the Consumer Financial Protection Bureau finalized Tuesday. Removing medical debts from consumer credit reports is expected…
LOWVILLE, New York (WWNY) – Lewis County is about to have millions of dollars of debt disappear. It comes as the county and Lewis County Health come to an agreement after the hospital loaned the county money in 2018. The county and its hospital share a unique relationship – one of only two of its…
One Wakulla High School Alumus is selling tags to pay for remaining student lunch balances at Wakulla High School Proceeds from tag sales are helping pay off $6,000 in unpaid lunch debt at Wakulla High School. Watch the video to see why he’s doing it and how the community has responded BROADCAST TRANSCRIPT: After hearing…
Contact 2: A helping hand for your holiday debt KTVI Fox 2 St. Louis Read the original article here
All Australians will have their student debt cut by 20% next financial year, as part of a major federal government overhaul designed to boost access to education and address “intergenerational unfairness”. The change, which will be outlined by the prime minister at a campaign rally in Adelaide on Sunday, will wipe about $16bn worth of…
My mom died and left me the house — I’m selling it for $529,000 and will use it for a big vacation, retirement. My adult kids are angry I’m not helping pay off their student debt. Am I wrong? MSN Read the original article here