It’s rare to see much positive news about retail banking these days, but for all their faults most big banks have recently taken action in an area where they have long been slammed: credit cards. No doubt in response to community and political pressure, Westpac and Commonwealth Bank have this year started offering cards with…
Trying to answer this raises questions about just how pro-customer or paternalistic, depending on your perspective we should expect banks to be. In a market where consumers often behave irrationally, should banks be trying to help us out, or waiting for us to slip up so they can maximise profits? The humble credit card has…
Chronic debt can only be solved with new legislation, says advice site founder – The National x Abu Dhabi, UAESunday 29 October 2017 Read the full article at: https://www.thenational.ae/business/money/chronic-debt-can-only-be-solved-with-new-legislation-says-advice-site-founder-1.671144
The phone rings. You dont recognize the number, but you answer anyway. Its a debt collector demanding immediate payment on a debt that doesnt belong to you, or one youve already paid. Suddenly youre facing a phantom a phantom debt, that is. That debt might not belong to you, but telling that to the collector…
ST. JOHNS, Antigua After Hurricane Irma decimated the Caribbean island of Barbuda, Bishop Gabriel Malzaire, president of the Antilles bishops conference, said the country should be given a break from paying its debts while it rebuilds after the storm. This is not the first disaster of this kind and nor is it likely to be…
UAE Helping Hands: emergency surgery leaves uninsured woman with mountain of debt – The National x Abu Dhabi, UAESaturday 28 October 2017 Read the full article at: https://www.thenational.ae/uae/uae-helping-hands-emergency-surgery-leaves-uninsured-woman-with-mountain-of-debt-1.670899
MIAMI, Oct 28 (Thomson Reuters Foundation) – A plan by British billionaire Richard Branson to lead a post-hurricane rebuilding effort in the Caribbean, with a focus on clean energy projects, may include debt relief negotiations mediated by the International Monetary Fund. Branson is spearheading a plan to help Caribbean nations recover after Hurricanes Irma and…
MIAMI, Oct 28 (Thomson Reuters Foundation) – A plan by British billionaire Richard Branson to lead a post-hurricane rebuilding effort in the Caribbean, with a focus on clean energy projects, may include debt relief negotiations mediated by the International Monetary Fund. Branson is spearheading a plan to help Caribbean nations recover after Hurricanes Irma and…
By Reuters Published: 13:25 AEDT, 28 October 2017 | Updated: 13:25 AEDT, 28 October 2017 e-mail By Adriana Brasileiro MIAMI, Oct 28 (Thomson Reuters Foundation) – A plan by British billionaire Richard Branson to lead a post-hurricane rebuilding effort in the Caribbean, with a focus on clean energy projects, may include debt relief negotiations mediated…
The Trump administration and Congress have been mulling a reduction in the 401(k) tax-free contribution limits as they work on a tax plan. Currently, the employer-based plans allow most employees to put away up to $18,000, deferring taxes until a withdrawal is made upon retirement. The 401(k) may be changed because the Trump administration is…