A group of Democratic lawmakers wants answers from a major student-loan company on its debt relief process for the borrowers it services. On Thursday, Sen. Elizabeth Warren and Rep. Madeleine Dean led 33 of their Democratic colleagues — including Sen. Bernie Sanders and Rep. Ayanna Pressley — in requesting more information from Navient on how…
If you’re not sure about debt settlement, there are other ways you can handle your debt that might have less of an impact on your credit score. As you decide what to do about your debt, make sure you’re choosing an affordable solution. For example, don’t pay off your debt with a loan secured by…
The shocking death of a father-of-three who fell from a cruise liner after racking up debts in the ship’s casino has sparked calls for government intervention into gambling practices in international waters. Shane Dixon, 50, plunged to his death from the P&O cruise ship Pacific Adventure just after 4am on May 6 as it approached…
All qualifying North Carolina hospitals have agreed to participate in a first-of-its-kind initiative that could help low- and middle-income patients get rid of billions of dollars in debt. The initiative will give the hospitals higher Medicaid payments if the medical debt of low- and middle-income patients is relieved and they carry out ways for future…
The family has raised questions after a father of three went overboard from a cruise ship after losing $9,000 over two nights on the P&O Pacific Adventure. Shane Dixon, 50, first lost $5,000, then borrowed money off his mother and lost another $4,000. Dixon’s family maintained he was lured by high-roller incentives into losing the…
All qualifying North Carolina hospitals, including Alamance Regional Medical Center and others in the Cone Health network, have agreed to participate in a first-of-its-kind initiative that could help low- and middle-income patients get rid of billions of dollars in debt. The initiative will give the hospitals higher Medicaid payments if the medical debt of low-…
AP couple dies by suicide unable to repay son’s online gambling debts Abdullapuram (Andhra Pradesh): A married couple died by suicide due to their inability to repay debts incurred by their 22-year-old son through online gambling, police said on Wednesday. U Maheshwar Reddy (45) and his wife ended their lives on Tuesday…
The Coca-Cola Co. is set to sell €1bn ($1.09bn) in new debt and use part of the proceeds for potential payments to its ongoing tax litigation case with the US Internal Revenue Service (IRS). In an SEC filing yesterday (8 August), the Sprite and Fanta brands owner said it planned to issue two €500m bonds…
Barrett Purvis, 54, was sentenced to 33 months in federal prison and must pay $499,000 in restitution to the U.S. Small Business Administration. TAMPA, Fla. — A Tampa man was sentenced to 33 months in federal prison for wire fraud and money laundering involving a $500,000 COVID-19 Small Business Loan, the Internal Revenue Service (IRS)…
