Family cuts ties with son over RM180,000 gambling debt – New Straits Times
Family cuts ties with son over RM180,000 gambling debt New Straits Times Read the original article here
Canada’s Gateway Casinos Seeks $1.3 Billion in Private Debt
One of Canada’s biggest gaming companies is seeking as much as C$1.8 billion ($1.3 billion) of private debt to refinance loans and pay owners a dividend, in what would be one of the country’s biggest such deals this year. Gateway Casinos & Entertainment Ltd. is working with Morgan Stanley on the outreach to lenders, according…
My Son Has a Gambling Problem. Do I Tell His Partner? – The New York Times
My Son Has a Gambling Problem. Do I Tell His Partner? The New York Times Read the original article here
Her Husband Landed Them In $24,000 Of Debt Due To Gambling Apps – Chip Chick
ARAMYAN – stock.adobe.com – illustrative purposes only, not the actual person This woman’s 34-year-old husband has taken an interest in gambling apps, thinking it would be a fast way to make some cash. His habit started at the beginning of the year, and when he took his first big loss of $1,000, he promised he…
Medical debt
Worried that President-elect Donald Trump will curtail federal efforts to take on the nation’s medical debt problem, patient and consumer advocates are looking to states to help people who can’t afford their medical bills or pay down their debts. “The election simply shifts our focus,” said Eva Stahl, who oversees public policy at Undue Medical…
New report on the status of USDA debt assistance for distressed borrowers | National
(The Center Square) – The U.S. Department of Agriculture provided $2.3 billion in debt assistance to distressed farmers, a new report shows. The debt relief was part of the $3.1 billion appropriated under the Inflation Reduction Act of 2022. Farm Service Agency officials say they are using $250 million of the remaining funds to assist…
World Bank Calls for Debt Relief as Funds Flee Poor Countries – BNN Bloomberg
(Bloomberg) — The World Bank’s top economist called on private lenders to shoulder some of the cost of debt forgiveness for the poorest countries, as record high repayments drain budgets that should be focused on health, education and infrastructure. Interest payments alone by the lowest-income nations ballooned to a record $34.6 billion in 2023, quadrupling…
World Bank Calls for Debt Relief as Funds Flee Poor Countries
The World Bank’s top economist called on private lenders to shoulder some of the cost of debt forgiveness for the poorest countries, as record high repayments drain budgets that should be focused on health, education and infrastructure. Interest payments alone by the lowest-income nations ballooned to a record $34.6 billion in 2023, quadrupling over the…
3 ways seniors can lower their credit card debt in 2025
Seniors saddled with high-rate credit card debt should start exploring their debt relief options now. Getty Images The end of a calendar year is always a smart time to reconsider your financial health. Unfortunately, for many Americans, the last few years have been a time of economic burden. And the numbers support this reality: Credit…
Student Loan Forgiveness Stalls For 145,000 Borrowers As Biden Administration Winds Down
US President Joe Biden on December 3, 2024. Borrower advocates are urging the Biden administration … [+] to finish implementing, and expand, student loan forgiveness for defrauded borrowers. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) AFP via Getty Images Student loan forgiveness processing appears to have stalled for tens…