Judge blocks rule to strip public service workers of student loan forgiveness | Trump administration

A federal judge on Tuesday blocked the Trump administration from implementing a new rule ⁠stripping public service workers of eligibility for federal student loan forgiveness if it deems their employers to have a “substantial illegal purpose”. US district judge ⁠Myong Joun in ⁠Boston sided ​with Democratic-led states, cities and non-profits that argued the US Department…

What makes a debt relief company reputable and safe?

A reputable debt relief provider won’t promise miracles, but it should offer clear guidance and realistic expectations. Wongsakorn Napaeng/Getty Images Americans have spent the last few years adapting to a financial landscape that’s constantly shifting, and those moves are generally not headed in a favorable direction. Not only is inflation high and climbing, but the…

Does credit card debt forgiveness make sense this July?

Credit card debt forgiveness could make a lot of sense for borrowers to pursue this July. Rob Hyrons/roberthyrons/Getty Images Credit card debt forgiveness sounds like something too good to be true for borrowers, especially in today’s economic climate. Having a portion of your outstanding debt forgiven, however, is exactly what debt relief companies can help…

BRICS bank issues debt in Macau to support projects in Brazil

The US$50 million bond issuance marks the first time the multilateral financial institution has used Macau’s financial infrastructure The debt was entirely backed by a specialized fund dedicated to boosting trade between China and Portuguese-speaking nations The New Development Bank (NDB) has issued debt in Macau for the first time, with the funds earmarked to…