The Office of the Australian Information Commissioner (OAIC) has kicked off its audit of the Department of Human Services’ controversial Centrelink automated debt recovery scheme. The OAIC revealed in a legal and constitutional affairs senate committee hearing on Friday morning that it had recently sent a letter to DHS outlining its assessment program, the first…
The student loan debt crisis has become one of the big moral and political quandaries of our age. 44 million Americans owe over $1.4 trillion in total debt, which is almost double that of total U.S. credit card debt. Even worse, those in debt are young, productive Americans who have to deal with this burden…
Aequitas Capital managed private loans for Corinthian College students OLYMPIA Attorney General Bob Ferguson announced today that Lake Oswego, Ore.-based Aequitas Capital Management must provide nearly 2,000 Washington student loan borrowers more than $7 million in debt relief. A motion was filed in federal court today that, when approved, will allow Ferguson to file an…
The student loan debt crisis has become one of the big moral and political quandaries of our age. 44 million Americans owe over $1.4 trillion in total debt, which is almost double that of total U.S. credit card debt. Even worse, those in debt are young, productive Americans who have to deal with this burden…
Debt consolidation and debt restructuring are two separate debt repayment programs and National Debt Relief shares the difference between the two. The article titled “Debt Consolidation Vs. Debt Restructuring” and released August 14, 2017 takes a look at the distinct differences between the two to help consumers make better and informed decisions. New York, NY…
by Gabriel Wildau One of the most influential analysts of China’s financial system believes that bad debt is $US6.8trn above official figures and warns that the government’s ability to enforce stability has allowed underlying problems to go unchecked. Charlene Chu built her reputation as China banking analyst at credit rating agency Fitch, where she was…
David Watts, Mary Scoutas, State Families and Children Minister Jenny Mikakos, Adam Mooney and Corrine Proske at the opening of Good Money Morwell. photo hayley mills Those under financial pressure in the Latrobe Valley and surrounds will now have access to a safe and affordable alternative payday lender with the official opening of Good Money…
Taking microfinance to the streets Last updated: 15 August 2017 A microfinance group is taking the fight for the financially vulnerable to the high streets. No interest loans allow people on low incomes to buy essential goods without getting into a debt spiral. Financial conversations allow money experts to give those in need…
The recent revelations of sexual harassment in tech and venture capital are shocking. Theres rightly been a lot of discussion in our industry about how to react to these stories and how to deal with the perpetrators. However, theres also a broader issue that seems to have received less attention the fact that many of…
* Graphic: Italy-Germany bond yield spread narrows to 159 bps * Expectations for Italy to grow 0.4 pct over previous quarter * Euro zone yields rise as U.S. Fed minutes loom * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds Italian growth data, graphic) By Abhinav Ramnarayan LONDON, Aug 16 (Reuters) – Italy’s bond yield…