Saudi Arabia plans to follow its record-breaking debut on global debt markets with an Islamic bond issue in a sale that could come as early as February. The sharia-compliant sukuk will form part of a pipeline of bond sales to finance the kingdoms budget deficit and invest in economic diversification away from oil and is…
RELATED COVERAGE: Ballarat Centrelink staff saw the debt debacle looming months ago but were ignored by their managers, their union has said. More than one in 10 customers to Ballarat Centrelink are coming in to query a debt notice but centre staff are unable to help and instead have to refer people to a debt notice hotline, Community…
ANNAPOLIS, Md. – Maryland Governor Larry Hogan says wants to help residents who are struggling with student loan debt and the high cost of college tuition, and he’s pledging millions of dollars in relief to get it done. At a news conference Tuesday, Hogan announced he is proposing legislation that would make student debt interest…
Today, most parents are saving money for their childrens college education 72 percent of them, according to a study by Fidelity Investments. But some 68 percent of students still graduate school with student loan debt, at an average of $30,000. Here are three ways you can elevate your savings strategy to help your kid graduate without debt. Squeeze the…
I am going through a challenging situation with my technology business. I have many loans and credit cards and am paying almost Dh70,000 every month in repayments. My operation is small with only five staff and our revenue is Dh250,000 per month. However, I am struggling to keep up with the repayments as well as…
The information watchdog is assessing Centrelink’s data matching system. Long queues at a branch of Centrelink in Sydneys inner west. CENTRELINK is letting me die, reads graffiti scrawled on the wall of the disabled toilet at a branch in Sydneys inner west. Thats the perception of some Australians trying to negotiate a benefits system that…
Tue, 10 Jan 2017 The Island’s Office of Fair Trading is urging those struggling with debt to use its consumer advice and counselling services. The OFT is based in St Johns but still offers appointments in Douglas, where consumers can discuss a range of topics from dealing with a landlord to knowing your rights when…
When the financial pressure of Christmas arrives, it can be tempting to turn to the credit card for help. The holiday period is often a time when expenses mount with presents to buy and social gatherings to attend, and the Hunter is no exception. But what happens when the festive season ends and you find yourself…
Labor is urging the government to suspend Centrelink controversial debt recovery services. The Government is trying to claw back $4 billion in welfare overpayments, and sending out 20,000 letters a month to people it claims owe money back. CENTRELINK has been slamming thousands of Australians with inaccurate debt letters for months now, so heres what…
RICHMOND, Va. (WVIR) - Virginia Democrats are rolling out a plan to tackle the heavy burden of student loan debt. Lawmakers are introducing bills aimed at lowering interest rates, and having the commonwealth play a role in issuing new loans. Democrats argue Virginia’s economy is being held back because graduates are unable to invest much…