For almost 15 years, Trygve “Spike” Magelssen says he faithfully paid down his student loans each month, slowly chipping away at the original debt of $53,000, even as medical bills, a home improvement loan and other costs left him “financially up against a wall.” Then in late 2018, Magelssen, an associate professor of electrical technology…
(Bloomberg) — Stronger African economies dont need debt relief from bondholders, whose money will be crucial to help finance the recovery of the continent, according to Senegal Economy and Planning Minister Amadou Hott. Senegal is one of 46 low-income nations that got a waiver on bilateral debt payments until the first half of 2021 under…
Speech Analytics and Contact Center AI Improve Experiences for Both Clients and Agents Observe.AI, a leader in Contact Center AI, announced that its platform has enabled National Debt Relief (NDR) to improvecustomer experience, automate quality assurance, and provide better coaching to its front-line agents. NDR, one of the countrys largest and most reputable debt relief…
Consolidating your credit card debt can be a good option to help you eliminate your debt more quickly in certain scenarios. But its important to understand the methods of how to consolidate your credit card debt, as well as when credit card debt consolidation makes sense and when it doesnt. When credit card debt consolidation…
President-elect Joe Biden and Vice President-elect Kamala Harris at transition Covid-19 advisory board briefing on Nov. 9, 2020 in Wilmington, Delaware. Photo by Joe Raedle | Getty Images Student loan forgiveness is looking more like a possibility under President-elect Joe Biden, but an unintended consequence may emerge unless Washington intervenes: a tax on loan forgiveness.…
Speech Analytics and Contact Center AI Improve Experiences for Both Clients and Agents Observe.AI, a leader in Contact Center AI, announced that its platform has enabled National Debt Relief (NDR) to improve customer experience, automate quality assurance, and provide better coaching to its front-line agents. NDR, one of the countrys largest and most reputable debt…
President-elect Joe Biden expressed support for student debt forgiveness up to $10,000 at a press conference on Nov. 16 in Wilmington, Delaware. Joe Raedle/Getty Images About 42 million Americans hold a total of $1.6 trillion in student loan debt. The hot-button issue of student loan cancelation, or forgiveness, has once again been top of mind…
By Reuters Staff 1 Min Read FILE PHOTO: IMF Managing Director Kristalina Georgieva arrives for a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. REUTERS/Remo Casilli WASHINGTON (Reuters) – The head of the International Monetary Fund on Sunday called for prompt and effective implementation of a new G20 framework…
The G20 has struck a deal on a common framework for extending more generous debt relief to the countries struggling most with Covid-19. Following a summit on November 22, leaders endorsed the Common Framework for Debt Treatments beyond the DSSI, which will allow bilateral debt relief that goes beyond the Debt Service Suspension Initiative. International…
In this round-up, Beijing says it has suspended $2.1bn in debt payments from two dozen nations under the G20 framework, and the top Chinese financial regulators send strong signals to the onshore market in the wake of a string of domestic bond defaults. China has extended $2.1bn of debt relief to developing nations, part of…