Shiv Kumar Tribune News Service Mumbai, June 24 The Maharashtra government has announced a farm loan waiver amounting to Rs 34,000 crore. Called the Chatrapati Shivaji Maharaj Krishi Samman Yojana, loans up to Rs 1.5 lakh rupees of individual farmers that were taken before July 2016 will be waived, Chief Minister Devendra…
Two weeks after a loan waiver was announced, Maharashtra chief minister Devendra Fadnavis on Saturday launched another scheme to provide Rs 34,000 crore debt relief to the financially distressed farmers in the state. The newly announced scheme by the BJP-led government will see debt of up to Rs 1.5 lakh per farmer being written off.…
Members of the armed forces are at risk of financial problems when they the leave, in part because they struggle to find new employment, according to advice provider PayPlan. The average debt held by former military personal entering an Individual Voluntary Arrangement stands at £51,435, internal figures from the company showed, compared to an overall…
You thought you did everything right: got into a good college, netted that degree, and joined the working world. To put the cherry on top of your adulting sundae, you decided to streamline your student debt with some professional help thinking that, for only a couple hundred bucks, a reputable company would get your loans…
Leslie Tayne, Credit.com 1:00 p.m. ET June 22, 2017 Debt can help a business thrive. It can be used to your advantage if you know how to manage it. Here are four tips for using debt to help grow your business.(Photo: Getty Images/iStockphoto) Many business owners run in the other direction when they hear the…
Australians will be protected from running up excessive debt with multiple credit cards under a new federal government plan. Their ability to repay credit limits within a reasonable period will require assessment in a suite of measures to be introduced before the end of 2017. Unsolicited offers of credit limit increases will be banned, how…
Its been a long and winding road toward the resolution of the Puerto Rico Electric Power Authority bonded debt. It totals $9 billion, the largest single component of Puerto Ricos overall debt of about $70 billion. The commonwealths top officials, the power authority and the bondholders recognize that the power authority cannot service this debt…
New York Democratic Congresswoman Nydia M. Velázquez has introduced a bill that would assist arts workers nationwide in paying down their student debt, for as much as $10,000. If you work in art education or other professional fields within the arts and your work benefits seniors, children, or adolescents, the American Arts Revival Act could…
Problem debt could affect one in six adults BelfastTelegraph.co.uk One in six adults is at risk of being tipped into a debt crisis, according to the Money Advice Service (MAS). http://www.belfasttelegraph.co.uk/business/news/problem-debt-could-affect-one-in-six-adults-35850033.html http://www.belfasttelegraph.co.uk/business/news/article35850032.ece/832c6/AUTOCROP/h342/PANews%20BT_P-7c7b865f-1bae-4882-9005-cc614a9eac45_I1.jpg Email One in six adults is at risk of being tipped into a debt crisis, according to the Money Advice Service (MAS). Research…
By Richard Read and Teddy Nykiel NerdWallet Fraudulent debt relief companies are preying on the most vulnerable of the 44 million people with student loans, as federal officials dispute whos to blame and what to do, a NerdWallet investigation has found. U.S. enforcement agencies the Consumer Financial Protection Bureau and the Federal Trade Commission in…