Chicagoans with student debt stressed as Trump, GOP cut back relief

Chicagoans with student debt are feeling whiplash and confusion under the Trump administration. While President Donald Trump’s predecessor canceled $183 billion in student loans for more than 5 million Americans, Trump has called those actions illegal and is removing pathways to affordable monthly payments and loan forgiveness. Earlier this month Trump’s Department of Education restarted…

Michael Sheen buys £1m worth of people’s debts

Getty Images As part of a new Channel 4 documentary, Michael Sheen has used £100,000 of his own money to write off £1m of people from South Wales’ debts Sheen said he did not have £100,000 to “throw around” and therefore wanted the project to be “effective”. Despite initial doubts, an encounter with a woman…

Debt aid for tobacco farmers – DailyNews

THE Tobacco Industry and Marketing Board (TIMB) yesterday launched a debt relief programme under the Tobacco Inputs Credit Scheme (TICS), offering renewed… To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions Read the original article here

3 debt relief features that may surprise you

Getting out of debt may require you to take steps that feel counterintuitive on the surface. Getty Images Credit card interest rates are high. Credit card debt balances are high. And the chances of either being reduced materially anytime soon look unlikely. Even with news last week that credit card balances fell in the first…