Too many people still fall through the cracks when it comes to municipal debt counseling, according to National Ombudsman Reinier van Zutphen in a new report. The municipalities are improving, but the ombudsman still has concerns, ANP reports. “It must be faster and better”, Van Zutphen said in his report. “Several studies show that debts…
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Dawn Wells, AKA Mary Ann on Gilligans Island, says she is broke. CBS Dawn Wells is no longer broke. RadarOnline.com has learned the Gilligans Island star has received more than $188,000 in donations to her GoFundMe page. The happy news comes days after the 79-year-old actress longtime friend and hairdresser Dugg Kirkpatrick broke the news that…
DEBT stalks Africa once again. Over the past six years sub-Saharan governments have issued $81bn in dollar bonds to investors hungry for yield. Piled on top of this are murkier syndicated loans and bilateral debts, many to China and tied to big construction projects. Public debt has climbed above 50% of GDP in half the…
Twitter Facebook Google+ WhatsApp LinkedIn Pinterest Email Is debt consolidation the best plan for you to pay off a debt? Debt consolidation refers to getting a loan to pay off all your other loans. By doing this, you are effectively bringing all your debts into one huge loan. It has to be paid off within…
Westend61/Getty Images After using my credit cards to pay for my extensive medical bills, I was suddenly drowning in debt. Thanks to the high interest rate on my cards, my balance continued to balloon. Desperate for a solution, I thought credit card consolidation would solve my problems, but it backfired terribly. That wasnt the fault…
THE collapse last month of Wonga, a payday lender, was cheered by many Britons. The company, which was the best-known lender in the so-called short-term, high-cost credit market, lent money to people who needed something to tide them over until their next paycheque. It was a notorious firm. A coroners report in 2014 noted that…
CHICAGO, Sept. 12, 2018 (GLOBE NEWSWIRE) — Medical debt is the number one cause of bankruptcy in the U.S. To help consumers faced with mounting medical bills avoid bankruptcy, TransUnion Healthcare announced today that it is supporting the efforts of RIP Medical Debt, a 501(c)(3) nonprofit located in metropolitan New York, but working nationally. RIP,…
New Myer chief executive John King hopes to reverse a long-term slide in earnings as early as this year by cutting back on discounting, closing clearance floors, stocking more exclusive brands and shrinking stores while improving customer service. Unveiling his long awaited turnaround plan, Mr King said his focus was on improving Myer’s bottom line…
Setting financial goals for the short and long-term makes good fiscal sense. Photograph: Natee127/Getty Images/iStockphoto People generally teach themselves how to manage their finances as they become adults, and it seems to work well enough for a while. As you get older, finances become a lot more complex yet there is hesitation to consult anyone…