Historically, personal loans have not been a big draw for brokers. Theyve often been viewed as short-lived small fry, and something easy enough for consumers to take charge of themselves. But are brokers missing out? Annie Kane takes a look at what the personal loan space could offer the third-party channel. If someone came to…
More than 180,000 people across the UK could take out personal loans for debt consolidation in the first three months of 2017, according to Sainsburys Bank. New research from Sainsburys Bank Loans has estimated that this figure equates to 31% of all personal loans taken out during the first three months of the new year.…
According to a study published by Fidelity Investments, more than 70 percent of parents are putting away money to fund their kids college education. Despite that, almost the same percentage of students will graduate college carrying an average of $28,000 in student loan debt. Clearly, there is a gap that needs to be filled. Below,…
(Adds Cemig securities filing on 9th paragraph) By Guillermo Parra-Bernal Jan 31 The Brazilian state of Minas Gerais has no plans to sell the controlling stake it has in power utility Cia Energética de Minas Gerais SA as a condition to join a federal government-backed debt relief plan, a person with direct knowledge of the…
Do you think there were people who helped you in the past? Definitely yes! What exactly did you do to pay them back or have you still not returned their favor? Or are you someone who just let that moment pass as you failed to think of any step or measure that can match their…
A new partnership has been launched between Daventry Town Council and Citizens Advice Daventry in response to the introduction of Universal Credit and the subsequent rise in the number of people with personal debt. The Town Council is providing a grant to Citizens Advice to recruit volunteers to become specialist advisors within the field…
I have always been a good banking customer, with a clear payment history on my debts. But recently my father became really sick and I have been unable to make my payments on time. I initially borrowed the money because I tried to help someone, but unfortunately that person lost their job and had to…
Finance Collective Jan 30th 2017 4:27PM Managing your finances can be difficult, but a few quality tips and tricks can go a long way. Each week we’ll be featuring a new tip on anything from daily spending to retirement planning from a member of the Finance Collective. This week’s tip comes from Financially Fit &…
Lawyers Revived an Illegal Debt Relief Scheme that the CFPB Previously Shut Down Washington, D.C. (ENEWSPF)January 30, 2017. The Consumer Financial Protection Bureau today took action against a ring of law firms and attorneys who collaborated to charge illegal fees to consumers seeking debt relief. In a complaint filed in federal court, the CFPB alleges…
Last updated: 30 January 2017 From low income earners to farmers and small business owners, thousands of Aussies stand to benefit from wide-reaching banking changes introduced by the Australian Bankers Association (ABA). The new changes add to last year’s reforms under the Better Banking program, which pushed for a system to shame unethical financial advisors…