President Joe Biden promised to forgive up to US$10,000 in student loan debt during his 2020 campaign. Now, a few months into his presidency, over 415 organizations have urged him to use his executive authority to cancel all federal student loan debt. We assembled a panel of academics to talk about the effects student loans…
San Diego, CA, April 19, 2021 (GLOBE NEWSWIRE) — MagnoliaMediaNetwork announces the release of the review “Best Debt Relief Programs 2021” Climbing out of debt can feel like a nearly-impossible task with all the late fees and interest rates. The best debt relief programs can lighten your load. Our in-depth research led us to the…
When Debbie (not her real name) lost her main client and was left without a reliable income, the sole trader sold her home and adjoining investment unit to pay off her debts and ensure she had the means to support her daughter and herself. But things didnt work out as she had hoped. A year…
Paying off debt doesn’t have to be hard; there are a few simple tricks that can make it easier. Understanding how you got into debt, writing it down, and taking a bird’s-eye view can help. Doing these things will not only keep you on track but encourage you to pay it down faster. Visit Personal…
Ariel Skelley/Getty Images Recently, my friend and fellow AARP expert Amy Goyer confided to me that she had filed for bankruptcy. The last time we were together, pre-COVID, she had shared how damaging caregiving had been to her finances. Since the bankruptcy has become final (a process that took two years), she said she felt…
Between credit cards, student loans and auto loans, it can be difficult to keep track of payments and balances on outstanding debts. Consolidating these debts into a single loan may streamline your finances, but the strategy likely wont fix underlying financial challenges. For that reason, its important to understand the pros and cons of debt…
When Debbie (not her real name) lost her main client and was left without a reliable income, the sole trader sold her home and adjoining investment unit to pay off her debts and ensure she had the means to support her daughter and herself. But things didnt work out as she had hoped. A year…
San Diego, CA, April 19, 2021 (GLOBE NEWSWIRE) — MagnoliaMediaNetwork announces the release of the review “Best Debt Relief Programs 2021” Climbing out of debt can feel like a nearly-impossible task with all the late fees and interest rates. The best debt relief programs can lighten your load. Our in-depth research led us to the…
19th April 2021 By Vicky ShawDebt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past year. A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up 2,673-worth of debt since the pandemic lockdowns started. Rachel Springall, a finance expert at…
ACCC chair Rod Sims. Debt collectors misleading or harassing small businesses will be closely monitored by the consumer watchdog, amid growing concern of a spike in unfair debt collection practices now that COVID-19 support measures have ended. The Australian Competition and Consumer Commission (ACCC) is concerned that the end of both JobKeeper in March and…