Jenni Woods has had a tough life, but hoped a veterinary nursing course would set her up for a bright future. The 58-year-old has severe epilepsy and when her symptoms subsided in May 2014 she enrolled in a course at Open Colleges. Jenni was slugged $5487 for a course at a private college that she never started,…
San Juan’s mayor urged the United States to prioritise “people above debt” as it helps rebuild from the devastation of Hurricane Maria, after President Donald Trump said that the island’s crippling debt “must be dealt with.” Maria slammed into the US territory of 3.4 million people last week as the most powerful hurricane to Puerto…
US PRESIDENT Donald Trump is finally tweeting about hurricane-ravaged Puerto Rico but his message has sparked outrage among residents struggling with the devastation. Hurricane Maria slammed into the US territory of 3.4 million people last week, the most powerful hurricane to hit Puerto Rico in almost 90 years, destroying homes and knocking out power. Amid…
Formal debt resolution tools Get Our Free Money Tips Email! For all the latest deals, guides and loopholes – join the 12m who get it. Don’t miss out Amy | Edited by Johanna Updated August 2017 “); } var overlay = $(“.popupOverlay”); function popUpDiv(popID) { if(openDiv){ if(openDiv!=popID){ closePopupDiv(openDiv); } } var scrollTop = getScrollY(); var…
Only a few days after heaving a collective sigh of relief when Hurricane Irma narrowly skirted Puerto Rico, the U.S. territory has suffered its worst storm in a century. The passage of Hurricane Maria over the islands that comprise Puerto Rico has led to a massive breakdown in infrastructure of all sorts. From electricity to…
A petition to all creditors, including the IMF IMFInternational Monetary Fund Along with the World Bank, the IMF was founded on the day the Bretton Woods Agreements were signed. Its first mission was to support the new system of standard exchange rates. When the Bretton Wood fixed rates system came to an end in 1971,…
The Bank of England has issued its strongest warning yet about the UKs ballooning consumer debt, saying Britains banks could incur £30bn of losses on their lending on credit cards, personal loans and for car finance if interest rates and unemployment rose sharply. After assessing the fast growth in the consumer credit market, Threadneedle Street…
BANKS have been asked to set aside an extra £10 billion to cover losses from people who can’t pay debts on car loans and credit cards. This morning the Bank of England warned that rising interest rates and high unemployment levels could mean that one in five consumer credit loans might have to be written…
People trapped in a spiral of credit card debt would be protected by a cap on their interest payments under a Labour government, John McDonnell, the shadow chancellor, will say on Monday. Speaking at the partys annual conference in Brighton, McDonnell will announce plans to help the more than 3 million people in Britain who…
Q: I am trying to get my finances in order and, like many, I am struggling. The majority of my debt comes from student loans, but I also have unsecured debt that is weighing me down. I work for a nonprofit and know I need to contact my lenders to try to enroll in the Public…