Scott MacDonald, Opinion contributor Published 5:00 a.m. ET Feb. 1, 2021 Forgiving student debt to help the economy is a hard sell. And how do you decide whose loan to forgive? There are complex fairness issues to weigh. What should be done aboutAmerica’s$1.6 trillion in outstanding student debt?There is more student debt than credit card…
Ditching debt might seem like an impossible task amid ever-rising household costs, but Effie Zahos says there are simple strategies to get the job done. The financial commentator and author’s third book, which launches on February 2, aims to take a positive approach to help people move forward by repaying debt and then building wealth…
Italy, this years president of the Group of 20 rich and emerging nations, will push its members to extend debt relief to poor countries struggling to deal with the coronavirus pandemic, a top official from Romes G20 financial team told Reuters. Italy was also confident the Biden presidency would herald a more cooperative stance from…
Ethiopia has asked for debt relief under a G20 programme to help poor countries reeling under the economic impact of coronavirus, making it the second African country to do so in the past week. Ethiopia has long been seen as one of Africas most promising economies but the pressure the pandemic has placed on healthcare…
Ditching debt might seem like an impossible task amid ever-rising household costs, but Effie Zahos says there are simple strategies to get the job done. The financial commentator and author’s third book, which launches on February 2, aims to take a positive approach to help people move forward by repaying debt and then building wealth…
Where many of the top debt relief companies help consumers out of debt using a process known as debt settlement, Trinity Debt Management takes a different approach. This company offers credit counseling to consumers, but they also enroll their customers into debt management plans (DMPs). Where debt settlement plans have you stop paying bills so…
By Giuseppe Fonte, Gavin Jones 4 Min Read ROME (Reuters) – Italy, this years president of the Group of 20 rich and emerging nations, will push its members to extend debt relief to poor countries struggling to deal with the coronavirus pandemic, a top official from Romes G20 financial team told Reuters. FILE PHOTO: U.S.…
In a mythical American past, families took out one 30-year mortgage, worked at one company for 30 years while paying off the mortgage and sailed off into retirement free of debt. Today, the reality is that the dream of retiring debt free is fading, and debt among older Americans is soaring. The percentage of households…
Disputes included those arising from vehicle rents and real estate settlements. The Ajman Police helped settle financial disputes worth over Dh10.6 million in 2020. Through their special initiative called Falak Tayeb, the police helped restore the amounts to 724 rightful claimants. Colonel Ali Jabr Al Shamsi, Director of the Comprehensive Police Stations at Ajman Police,…
With the Covid-19 pandemic driving up government debt across many nations, there are growing calls for debt swaps to be used to help developing nations achieve a green recovery. This week, two separate research teams from the US and China have called for China in particular to implement such debt swaps in exchange for efforts…