Debt consolidator FSA benefits for rising demand for debt arrangements – TheBull.com.au

I met a young entrepreneur who runs a debt-solutions business that helps people who cannot get out of their financial mess. Like others in its industry, this business provides budgeting advice, assists clients with payment arrangement with creditors and lends money. Sadly, business is booming. I say sadly because nobody likes to see people wreck…

Government reverses decision to cut funding from national debt helpline – The Guardian

A decision to cease federal funding to two key groups operating Australias national debt helpline could have put the entire service in jeopardy, consumer advocates say. But questions to the social services minister, Paul Fletcher, appear to have prompted an intervention his second such intervention in recent days that has given advocates confidence the looming…

How We Help Employees Pay Down Student Loans and Save for Retirement at the Same Time – Harvard Business Review

Executive Summary A small percentage of U.S. companies including PwC, Fidelity, and Aetna have stepped up to help their employees cope with the education loans weighing them down by offering them cash to help them reduce their debts. One downside of their approach is simply giving their workers cash raises their income taxes, diminishing the…