Adelaide Tuesday June 18, 2019 Economic growth to remain slow despite stimulus State Budget at a glance 40 Under 40 winner of the day: Anton Andreacchio AI, automation to drive $1b Coles savings target Number of mortgages behind on payments highest since 2010: RBA South Australians will pay more than $100 milli… Read the full…
Bruce McClary of the National Foundation for Credit Counseling discusses debt elimination scams, credit scores, and ways consumers can find help to deal with financial problems. Copyright 2019 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area. Read the full article at: https://federalnewsnetwork.com/of-consuming-interest/2019/06/avoiding-scams-when-seeking-debt-relief/
General Electric Co. is looking to sell off its venture capital investment business, GE Ventures, which has a portfolio of more than 100 startups under its wing. GE is selling the business in order to help stave off its mounting debts, CNBC reported. The company is said to be in a difficult financial position, with…
(iStock/iStock) By Harry Williams June 13 at 4:53 PM Harry L. Williams is the president & CEO of the Thurgood Marshall College Fund and is a past president of Delaware State University. Our student loan debt crisis is preventing millions of young Americans from purchasing homes, starting families, saving for retirement and creating wealth. No…
A plan to recover the student debts of people who have died was under consideration by the Federal Government, documents obtained by the ABC under Freedom of Information reveal. The Federal Education Department estimated the move could save taxpayers $46 million over a decade, but it acknowledged it would be controversial. The Government eventually…
With student debt higher than ever in America, companies are finding unique ways to help their employees out of the student-loan hole. As of June 2019, the national student debt is at an all-time high of nearly $US1.6 billion, second only to national mortgage debt. According to the Society for Human Resource Management (SHRM), around…
Share to facebook Share to twitter Share to linkedin Democratic presidential candidate Bernie Sanders. ASSOCIATED PRESS This is the latest in Adam Minskys series on the 2020 presidential candidates positions on student loan debt. Check out the prior articles on Joe Biden, Pete Buttigieg, and Kamala Harris. Senator Bernie Sanders is one of the frontrunners…
The number of mature age Australians carrying mortgage debt into retirement is soaring. And on average each mature age Australian with a mortgage debt owes much more relative to their income than 25 years ago. Microdata from the Bureau of Statistics survey of income and housing shows an increase in the proportion of homeowners owing…
Loading A loan taken out 2-3 years ago was based upon different metrics and lender requirements, he says. Following changes in requirements, many people can no longer refinance or increase their borrowing capacity even though their financial position might not have changed. For many, this means they cannot switch to another lender at a reduced…
Steve Nicastro, Nerdwallet Published 8:00 a.m. ET June 11, 2019 CLOSE If debt is affecting your finances, you may have a share of the $4 trillion in non-housing debt tallied in the first quarter of 2019 by the Federal Reserve Bank of New York. Of all household debt, $623 billion is late or overdue, the…