NSW Department of Customer Service The NSW Government is partnering with local communities to help drive down fines and reduce the social impact of debt on vulnerable youth and First Nations people. Revenue NSW Deputy Secretary Scott Johnston said the new initiative would bring communities together with Government to develop plans that address social issues…
Instagram posts promoting a debt advice company have been banned after the influencers failed to make risks and fees clear or to mark them as ads. Influencers Helen Briggs, Myles Barnett and Chloe Ferry all posted Instagram stories for Debt Slayers, seen in December and January, featuring a link to the website. Barnetts post read:…
Editors note: This weeks Future View asks whether President Biden should make student debt relief a priority. Next well ask: What do you think of companies embrace of Pride Month? Students can click here to submit opinions of fewer than 250 words before June 15. The best responses will be published that night. Canceling student…
This story about debt collection was produced by The Hechinger Report, a nonprofit, independent news organization focused on inequality and innovation in education. Richard Fishburn never imagined hed one day be facing down debt collectors all because he decided to return to college. An Army veteran who had worked all his life, Fishburn enrolled at…
Heres todays ranking of the top 10 most-read international stories among Chinese people. We want to help you get a sense of whats trending in the Chinese language sphere. 1. Malaysia begins nationwide lockdown Tuesday 2. The WHO says the search for Covid-19 origins has been poisoned by politics 3. China gives the most debt…
Owing money and missing repayments can be stressful, so the last thing many people in financial difficulty need is to be charged more money for help getting their debt under control. Thats why Consumer Protection urges consumers to choose free debt management advice where possible over other high-cost options. While debt management service companies may…
Around 43 million Americans owe $1.5 trillion in federal student loan debt, an enormous number with broad economic implications. Student debt has been shown to hamper small-business growth, prevent young families from buying homes, delay marriages and inhibit people from saving for retirement. Emotionally, too, the effects are wide-ranging. A 2017 study showed students with…
WASHINGTON At the beginning of April, White House chief of staff Ron Klain gave proponents of student debt cancellation a glimmer of hope when he announced President Joe Biden had asked the Education Department to prepare a memo examining his legal authority to wipe out debt through executive action. “Hopefully well see that in the…
Editorial Independence We want to help you make more informed decisions. Some links on this page clearly marked may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. American consumers had a total of $820 billion in credit card debt at…
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Feeling overwhelmed by credit card bills, student loan payments or other debts? Seeking out debt relief can help you get your financial obligations under control. Debt relief can take…