Inflation pushes student debts up despite repayments

Analysis of taxpayer data sheds light on who actually benefits from the government’s new HELP policy. Education Minister Jason Clare (Image: AAP/Lukas Coch) Lower repayment thresholds and higher inflation has created a new class of hundreds of thousands of Australians with HELP debts that go backwards even as taxpayers are charged for them, 360info analysis…

Navicore Solutions review: Affordable and effective credit counseling services

Navicore Solutions is a nonprofit debt relief counseling organization that offers services for debt management plans, credit card payoffs, bankruptcy and foreclosure counseling, student loan advice, and disaster recovery. With 30 years of experience, Navicore Solutions has helped thousands of consumers eliminate debt and become better at financial management. This Navicore Solutions review will assess…

More than 5 million Australians are in financial strife, but they’d rather sell belongings than ask their bank for help

In short: Millions of Australians are struggling to meet debt repayments due to the rising cost of living. An ASIC survey has found Australians facing financial hardship would prefer to sell their assets before they seek help from their lender. Lenders are legally required to offer assistance to customers struggling to meet their repayments. What’s…