The Financial Conduct Authority is to crack down on the high cost of overdrafts and review the booming car loan market in the latest attempt by regulators to tackle mounting consumer debt. Andrew Bailey, chief executive of the financial regulator, said charges imposed on customers falling into unauthorised overdrafts would be overhauled. Research by the…
BATHINDA: The Punjab government would come up with an agriculture policy soon to ensure the welfare of farming community, said Punjab finance minister Manpreet Singh Badal. “We will not restrict waiving the debt of small and marginal farmers up to Rs 2 lakh, but will go beyond that to support farmers in many ways through…
When you’ve been carrying around a load of debt for a while, getting rid of it starts to feel impossible — like cleaning out the Aegean stables. For those unacquainted with Greek myth, the Aegean stables were full of horses with disgusting personal habits who produced so much manure that the stable was considered impossible…
When you’ve been carrying around a load of debt for a while, getting rid of it starts to feel impossible — like cleaning out the Aegean stables. For those unacquainted with Greek myth, the Aegean stables were full of horses with disgusting personal habits who produced so much manure that the stable was considered impossible…
Connecticut Better Business Bureau has issued a warning for students who are over their heads in debt because of school loans. Fake debt collectors reach out to students by telephone and email, offering a variety of ways to reduce or eliminate their debt, but there is a catch. The scammers want to be paid…
Corby in Northamptonshire has taken on a few notable titles over the years. It has been dubbed Little Scotland to reflect the Scottish workers who flooded in during the last century for jobs in its now defunct steelworks. More recently, Corby emerged as the fastest-growing borough outside London, its population now swelled by EU migrants…
Those working in the education profession, or associated with it, know that teachers have always had to wear many hats. Its not uncommon for us to be surrogate parents, social workers, counsellors and advisers to those we teach. But these days its not just the children who look to me for this type of support.…
KINGPIN: Kirk Lawton in handcuffs after his arrest in July, 2015. He told Newcastle District Court on Friday that he started selling drugs to help his son, Beau, who is also a drug dealer, clear a $50,000 drug debt. FORMER Newcastle boxer and rugby league player Kirk Lawton says his motivation for supplying large amounts…
Costs for many homebuyers have jumped by up to 150 basis points over the past 12 months and are expected to continue rising even if low inflation means an official rate hike from the Reserve Bank of Australia is unlikely in the near term. Owner-occupier borrowers are paying between 30 and 40 basis points more…
With nearly half of SMEs having more than $20,000 in overdue invoices tying up their cash flow, business owners must be more proactive in mitigating the risk of late payments and bad debts, writes Damian Arena and Kirk Cheesman. Its not surprising cash flow and bad debt keep many business owners awake at night. After all, unpaid…