Much has been said about the benefits SMEs will see from new draft legislation recently proposed by the Federal Minister for Revenue and Financial Services authorising the Australian Taxation Office to disclose business tax debts to credit reporting bureaus. While the stated aim is to help the SME sector, in reality SMEs will be largely…
Proposed legislation to help over-indebted consumers might prove to be a double-edged sword, discouraging consumers from managing their credit responsibly, the Banking Association South Africa (Basa) warns. The organisation was referring to the draft National Credit Amendment Bill, which was published by Parliaments portfolio committee on trade and industry last year. Public hearings on the…
RJ Frometa 6 hours ago Entertainment 13 Views If you have many unsecured debts to consolidate, there are a lot of debt consolidation loan providers out there with plenty of options on offer. Go to their website or talk to the consultant…
PUBLISHED: 12:29 29 January 2018 Ben Jolley Citizens Advice Rural Cambs expects January 31 to be busiest day for debt advice Archant The last day of January is expected to be the busiest day of the year for people seeking help with their debts, according to Citizens Advice Rural Cambs. Analysis of national data from…
“In 2016, I sat on my couch crying heavy tears. I’d gone from 55kg to 76kg, racked up thousands of dollars of debt and didn’t know how to fix my life.” Photos: Supplied We all go through hard times in life, but with every difficulty we face there is hidden opportunity. 16 months ago, I…
BRYAN and Amanda Kelly say they have always been “successful” in everything they’ve done in life, but “four years of hell” owning a franchise through Retail Food Group has left them picking up the tatters of their old life. A lack of support, exorbitant compulsory refurbishments, un-competitive pricing and a slew of fees ran their…
If Greece wants to see its debt burden lightened further it must ensure that it enacts agreed-to reforms and be prepared for the supervision of its foreign creditors to continue, European Stability Mechanism (ESM) Managing Director Klaus Regling told Sundays Kathimerini in an interview in which he also stressed that markets would like to see…
THERE is expected to be a surge in the number of people seeking help over debt next week. Bridport and District Citizens Advice is expecting more people next week seeking help with debt problems and the last day of January is expected to be its busiest day of the year. It regularly provides assistance to…
The Banking Association SA has voiced frank criticism of a bill proposing debt-relief measures, that is to be debated in Parliament next week, saying it could accelerate irresponsible borrowing and increase the cost of credit for all consumers. The association was not in favour of a “legislated change” in debt obligations for low-income consumers, as…
If you overspent at Christmas (and the months before then) this is a step-by-step guide to getting back on top of your finances in 2018, according to an expert. Photo: iStock Welcome to Hit Refresh. This month, we’ll be bringing you articles created by experts that will help you live your best life in 2018.…