Debt management could help ease the burden caused by your high-rate debt, but you’ll need to qualify first. Getty Images Financial challenges can strike anyone, regardless of income level, and that’s especially true in the current high-rate landscape. After all, today’s average credit card interest rates are hovering around 22% but are even higher for…
Pope’s death, US aid cuts complicate Vatican’s debt relief push The Financial Express | First Financial Daily of Bangladesh Read the original article here
Getty Image/Zooey Liao/CNET All of the confusion surrounding higher student loan payments and wage garnishment has experts warning borrowers to beware of scammers preying on your desperation. Elaine Rubin, a student loan policy expert, says borrowers should be on high alert for student loan scams offering to lower their payments, get their debt canceled or make sure their wages…
STATEN ISLAND, N.Y. — New York City is launching a new initiative to help city employees wipe out their existing student loans. On Monday, Mayor Eric Adams unveiled a new plan to help more than 100,000 city employees enroll in the federal government’s Public Service Loan Forgiveness (PSLF) program and Income Driven Repayment (IDR) plans…
New York City Mayor Eric Adams, New York City Department of Consumer and Worker Protection (DCWP) Commissioner Vilda Vera Mayuga. Including New York City Department of Citywide Administrative Services (DCAS) Commissioner Louis Molina today announced a new effort to help more than 100,000 city employees enroll in the federal government’s Public Service Loan Forgiveness (PSLF) program and Income…
The five-year relief period is over, and defaulted student loan borrowers are left with two options: Pay up or face the consequences. On Monday, President Donald Trump’s administration officially restarted the process of collecting defaulted student loan payments. This marks the end of a yearslong pause that started under Trump in 2020 and continued under…
The thing about witnessing a 7-year-old having their hot lunch tray yanked away and replaced with a cold sandwich — what cafeteria workers in the biz euphemistically call an “alternative meal” — is not just the obvious cruelty of the public spectacle, though there’s plenty of that. It’s the bizarre normalization of the whole affair,…
‘I am struggling to manage.’ I’m 59, earn $90K a year but have $60K in credit card debt — and I want to retire at 63. Is this possible? MSN Read the original article here
Given the recent spate of aid cuts for developing countries and rising tariffs, IMF downgraded its global growth forecast from 3.3 per cent (that was announced in January 2025) to 2.8 per cent for 2025. IMF also projected that global public debt will increase by 2.8 per cent, reaching 95.1 per cent of global gross…
Today’s global economic turmoil is not just about trade. International Monetary Fund (IMF) managing director Kristalina Georgieva has warned that growing economic uncertainty and financial market stress pose serious threats to developing countries. The danger is particularly acute for highly indebted economies, which are now facing weaker growth prospects and reduced financial support from the United States and…