An eccentric tech investor and self-help guru has a wild, controversial idea to solve one of America’s biggest … – Business Insider

Americans owe $US1.5 trillion in student loan debt, and the problem isnt going away as tuition rates climb and the demand for college degrees remains high. James Altucher, a tech investor and self-help guru, says young people should consider letting wealthy individuals or organisations invest in their future for a percentage of their future earnings.…

Global Debt Registry Bolsters Executive Team to Help Transform Structured Credit Market – Payment Week

July 26, 2018         By: Michael Millington New York, NY July 26, 2018 Global Debt Registry (GDR), today announced two new executive hires from the banking industry. Evan Psaropoulos, formerly of Credit Suisse, has joined GDR as CFO, and Patrick Dietz, formerly of BNY Mellon, has joined the organization as Product Director. This follows Charlie…

Families need more debt help and less pressure from bailiffs – the new calls to support struggling households – Mirror.co.uk

The Government must take urgent action to help hard-pressed households deal with debt, MPs have warned. A report from the Commons Treasury Select Committee also calls on ministers to act now to tackle a looming crisis caused by 12million people not saving enough into pensions. It comes after figures from the Money Charity revealed Britains…

Lifetime ISA’s should be scrapped and households given help with mounting debt, say MPs – The Independent

Hard-pressed households need stronger action to help them deal with debts and save for a rainy day and a pension, MPs have urged. The Treasury Committee also called for the Lifetime ISA to be scrapped due to its perverse incentives and complexity. … Read the full article at: https://www.independent.co.uk/news/business/news/household-debt-government-help-scrap-lifetime-isas-says-treasury-committee-a8463766.html