R2.6 million debt haunts online gambler in credit limit dispute – IOL
R2.6 million debt haunts online gambler in credit limit dispute IOL Read the original article here
Investec wins sequestration case after R2.6 million gambling debt dispute
A six-day gambling spree.A banking system glitch.A R2.6 million debt. And now, a provisional sequestration order. The Cape Town High Court has ruled in favour of Investec Bank Ltd, placing the estate of Western Cape resident Izak Petrus van Zyl under provisional sequestration after finding him factually insolvent. Van Zyl had argued that the debt…
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Sequestration order: Man blames Investec after losing R2.6 million in a six-day gambling spree – IOL
Sequestration order: Man blames Investec after losing R2.6 million in a six-day gambling spree IOL Read the original article here
BBB warns of credit repair, debt relief scams as tax season approaches
SPRINGFIELD, Mo. (KY3) – With tax season underway, the Better Business Bureau is urging consumers to research credit repair and debt relief services before hiring anyone. Debt-related services come in several forms. Credit counseling firms offer educational programs to help resolve financial issues. Debt consolidation businesses offer loans to pay off debts in one lump…
Advice gap leaves older Australians retiring with debt exposed
Financial advisers are well aware that their numbers have dropped from a pre-royal commission high of around 29,000 to their current levels of just over 15,000, along with the cost of comprehensive advice continuing to grow. Homesafe argued that the combination is placing professional guidance beyond the reach of many retirees at a time when financial decisions are becoming more…
Mayor Horhn announces help with water system debt
Mayor John A. Horhn announced today that the City of Jackson is preparing to make upcoming debt service payments tied to the city’s water system while pressing JXN Water and federal partners for stronger accountability, better collections, and clearer communication with residents. In a February 19 letter to Mayor Horhn, the Interim Third-Party Manager for…
More Americans turning to AI for financial advice
(InvestigateTV) — Thirty percent of all online counseling sessions at Money Management International (MMI) last October came from referrals through artificial intelligence platforms, according to the nonprofit. MMI provides free credit counseling. Certified credit counselor Marla Puckett said more people are turning to AI for money help, and in the last month alone, about 1,000…
More Americans turning to AI for financial advice
(InvestigateTV) — Thirty percent of all online counseling sessions at Money Management International (MMI) last October came from referrals through artificial intelligence platforms, according to the nonprofit. MMI provides free credit counseling. Certified credit counselor Marla Puckett said more people are turning to AI for money help, and in the last month alone, about 1,000…
How a bank error turned a gambler's six-day spree into R2.6 million in debt – IOL
How a bank error turned a gambler’s six-day spree into R2.6 million in debt IOL Read the original article here