By Kevin PeacheyPersonal finance correspondent, BBC News image copyrightMoney Advice and Educationimage captionLeonie has managed to bring her debts under control Leonie’s financial plight was precarious. She had 3,000 in rent arrears and was struggling to keep up with bills. Her physical health was poor, which meant she was unable to work, and her mental…
The worlds largest airlines have built up a mountain of more than $300bn in net debt, a sign the pandemic will hamper recovery for years as carriers face paying back huge bills from rescue financing and state support. With hopes of a limited restart to travel in the summer, attention is turning to how quickly…
Many Americans carry some form of debt. Debt consolidation can help you break free of high-interest debt before trouble arrives. Here, we’ll help you compare online debt consolidation lenders and find out who offers the best terms for your situation. If you’re asking yourself, “What is debt consolidation?” you’ve come to the right place. We’ll…
Defrauded students who received only partial relief from their federal student loan obligations could now see that entire debt wiped out, after the Biden administration rolled back a Trump-era formula. Students who were defrauded by their colleges and received only partial relief from their federal loans could now see them fully cancelled, the administration of…
When flight paramedic Rita Krenz boards a helicopter, she knows her patients are about to face problems she can’t fix a healthcare system that buries people in debt after a car accident or stroke. So she decided to do something about it. She turned for help to RIP Medical Debt, a nonprofit that buys and…
When flight paramedic Rita Krenz boards a helicopter, she knows her patients are about to face problems she cant fix By TOM MURPHY AP Health Writer March 18, 2021, 2:03 PM 4 min read When flight paramedic Rita Krenz boards a helicopter, she knows her patients are about to face problems she cant fix a…
CONCORD (KPIX) Contra Costa County is throwing a $75 million lifeline to renters and landlords with a new relief program funded by federal funds provided to the state. Californias $2.6 billion in federal COVID-19 rent relief money is finally going to begin helping ease the crisis facing both renters and landlords. Its a chance for…
How to make money off your debt You were probably taught by your parents to get a good education, a good job, buy a home, work really hard and pay off your debt. But, in my mind, thats not productive use of the equity in your home. Instead, you should recycle the equity in your…
The enormity of the student debt crisis is staggering. The Federal Reserve has reported a record-breaking $1.7 trillion in federal and private student loan debt,which is currently held by more than 44 million Americans. This burden has enormous repercussions. Recent graduates may experience a narrowed sense of possibility; decisions like when to start a family…
In war, as the saying goes, truth is often the first casualty. During the pandemic and its economic shocks, however, truth has become a blessing for some. Take the African country of Chad. When its debt levels grew too onerous late last year, it was forthcoming with creditors about its finances. By February, the International…