In his new position, Pack will be responsible for customer service, payment operations, settlement negotiations and underwriting. Based in FDR’s Tempe, Arizona, office, he will manage the company’s fast-growing operations. FDR recently became the first company in its industry to surpass the $7 billion mark in total consumer debt resolved, and continues to grow at…
MOSCOW (Reuters) – Venezuela has not requested any help from Russia beyond a debt restructuring deal that has already been agreed between the two countries, Kremlin spokesman Dmitry Peskov told reporters on Wednesday. Russia and Venezuela are to sign an agreement on Wednesday restructuring around $3 billion in debts to Russia, a source familiar with…
MOSCOW, Nov 15 (Reuters) – Venezuela has not requested any help from Russia beyond a debt restructuring deal that has already been agreed between the two countries, Kremlin spokesman Dmitry Peskov told reporters on Wednesday. Russia and Venezuela are to sign an agreement on Wednesday restructuring around $3 billion in debts to Russia, a source…
Senate Democrats are urging Education Secretary Betsy DeVos to process the debt relief claims of 87,000 federal student loan borrowers. (AP) Senate Democrats are urging Education Secretary Betsy DeVos to forgive the federal student loans of borrowers who were defrauded by their colleges, as the number of debt relief claims at the Education Department grows. The Washington Post reported…
Last week, the Consumer Financial Protection Bureau sued Freedom Debt Relief, the nations largest debt settlement services provider, claiming that the company repeatedly lied to its customers about the companys ability to negotiate debt settlements. According to the CFPB, Freedom Debt Relief collects fees from customers without settling their debts as promised, makes customers negotiate…
As of September, U.S. consumers owe $3.79 trillion in consumer debt. The average household with credit card debt owes nearly $17,000 on cards. In October, sources reported that credit card delinquencies increased for the third consecutive month, meaning that more people are unable to pay on time. “Many people struggle with debt, but they may…
Bailiffs were brought in by local authorities to collect debts more than two million times in a year, a charity has said. The report by the Money Advice Trust found that nearly six in 10 of the 2.14 million debts referred to enforcement agents in 2014/15 were for council tax, with more than 700,000 relating…
The National Village and Urban Community Fund Office will start 200 pilot projects nationwide to help tackle informal debts. Secretary-general Natee Klibthong said the project, which will collaborate with the Finance Ministry, the Bank for Agriculture and Agricultural Cooperatives and the Government Savings Bank, will start transferring informal debts to the fund — commonly known…
YOU might not realise it, but any unsecured debt you have can reduce your ability to borrow for a home loan. Unsecured debt refers to any type of debt that doesn’t need any form of security to back the loan. Credit cards are a popular example, with Australians currently owing about $32billion on credit cards…
SAN MATEO, Calif., Nov. 13, 2017 /PRNewswire/ — As revolving debt such as credit cards continues to increase, Andrew Housser, co-founder and CEO of Freedom Debt Relief (FDR), offers four signs to spot debt that’s becoming unmanageable. U.S. consumers owe $3.79 trillion in consumer debt. The average household with credit card debt owes nearly $17,000 on…