Credit: Dreamstime The government has moved to extend its debt relief provisions for businesses by 10 months, meaning the scheme will remain open until 31 October next year. The extension to the rules allowing affected businesses to put their debt on hold was made to help assist with the ongoing economic recovery from COVID-19. The…
After a year like no other, the Queensland 2020-21 Budget has been handed down. Treasurer Cameron Dick revealed the state’s finances had been significantly impacted by COVID-19, with debt set to increase to $102 billion and the budget deficit to swell to $8.63 billion. The document also predicts four more years of deficits before a…
To assist with the ongoing economic recovery from COVID-19, rules allowing affected businesses to put their debt on hold have been extended by 10 months. New Zealands economy is recovering better than we expected, but the impacts of the pandemic are far-reaching and some businesses need continued support to keep trading, Finance Minister Grant Robertson…
During the pandemic-created recession, when millions of Americans are strapped for cash, youd think that more of us would turn to credit cards to help tide us over. It appears that just the opposite has happened, though. Before 2020, consumer credit card debt grew for eight consecutive years, hitting a record high of $829 million…
Tuesday, 1 December 2020, 6:22 amPress Release: Business NZ BusinessNZ says a 10-month extension of rules allowing businesses to put their debt on hold will give confidence to companies and their employees. The Government introduced the debt hibernation scheme earlier this year as part of relief measures aimed at cushioning the economic impacts of the…
Getty Images Millions of student loan borrowers have just one month left to figure out how they’re going to resume monthly payments on their education debt while the coronavirus pandemic is still crushing the economy. Monthly payments for most federal student loans have been on pause since March, when the CARES Act gave 42 million…
Post Views: 116 Life is harder when you have a lot of debt. Its even more challenging when you have bad credit. These two things together are going to limit how you live your life. Fortunately, there are options for people in this situation. Heres what to do after debt consolidation with bad credit. Stick…
The Government has today announced the extension of the business debt relief through to October 2021 for those business affected by the Covid-19 pandemic. Your playlist will load after this ad The Government announced the extension this morning. Source: 1 NEWS In April, the Government announced a raft of new measures to provide relief for…
Observe these dos and donts when using a Debt Consolidation Plan (DCP) to manageoverwhelming credit card debt. When debt coming from multiple credit cards becomes too much to handle, a Debt Consolidation Plan (DCP) can help rebuild your financial life. Weve explained how a DCP works in Singapore. In a nutshell, it combines all your…
Do you feel like youre drowning in debt? Dont raise the white flag just yet. Make sure youve considered all available options when it comes to paying your debts. Have you tried debt consolidation? If its your first time hearing about it, this might bring hope to your ailing financial condition. Debt consolidation may sound…