Comments (0) Cheadle Citizens Advice Bureau (CAB) is bolstering its debt advice support as families struggle to balance their finances juggling Christmas debts with rising heating bills and other expenses. An online poll, conducted for the Money Advice Trust by YouGov, suggested that 11 per cent of consumers expect to fall behind with their finances in…
Public servants at Centrelink have been threatened with disciplinary action or even criminal prosecution as their bosses at the welfare agency try to stem the flow of internal leaks about the agency’s “robo-debt” campaign. Several workers have gone public about the debt recovery debacle since the controversy emerged last month and now Centrelink’s parent department,…
Public servants at Centrelink have been threatened with disciplinary action or even criminal prosecution as their bosses at the welfare agency try to stem the flow of internal leaks about the agency’s “robo-debt” campaign. Several workers have gone public about the debt recovery debacle since the controversy emerged last month and now Centrelink’s parent department,…
DEBT ADVICE Creditfix will talk through the position people are currently in and what route they can take to deal with their debts DEBT after the festive period is something weve all worried about.After the tree comes down and the decorations are packed away, many are left worrying how to manage the dent in their…
A new scheme to help borrowers reduce their debt burden starts next Monday. The debt consolidation plan, as it is called, targets people who will be affected by upcoming changes in borrowing limits. Under these rules, starting in June, unsecured debts cannot exceed 18 times a borrower’s monthly pay. In June 2019, that drops to…
The organisation, Council Tax Advisors (CTA), will operate on a UK-wide basis and provide free help and advice to people struggling with tax arrears. Carrington Dean said this meets a growing need for help as an estimated one in 10 UK households are struggling with council tax debts. The service will help individuals by assisting…
Alvarez & Marsal calls for beefing up machinery, judicial Bench strength New Delhi, January 17: The Corporate Affairs Ministry (MCA) and the Insolvency and Bankruptcy of India (IBBI) should limit the number of pending bankruptcy and insolvency cases referred to the National Company Law Tribunal, an Alvarez & Marsal report has suggested. NCLT, which was…
SINGAPORE: A new repayment scheme that aims to help over-indebted customers repay unsecured loans from facilities like credit cards, personal loans and overdrafts, will be launched next Monday (Jan 23). A total of 14 financial institutions, all of which offer unsecured credit loans, will be participating in the Debt Consolidation Plan (DCP), the Association of…
Federal Hunter MP Joel Fitzgibbon. Picture: Alex Ellinghausen Two Labor MPs have slammed the Turnbull Government over the Centrelink debt saga, and have repeated calls for the governments cash claw-back to be put on hold until the matter has been cleared up. The federal welfare agency has sent debt notices to thousands of people across Australia…
Debt is one of the great financial white whales almost everyone has some sort of debt, but repayment seems to be increasingly out of reach for many. Student loans are crippling young adults financial wellbeing young, while mortgage rates climb and a wider variety of credit options become available. Debt can be a vicious cycle…