Hi Nicole, I need advice on my bank credit card debt of over $20,000. My debts were incurred through medical expenses and providing for my partner, who does not work. I am 49 years of age and we recently separated so I pay maintenance for my three young children. I have relatively low-rent accommodation but earn…
THE ISSUE: More Americans are getting buried by student debt causing delays in home ownership, limiting how much people can save and leaving taxpayers at risk as many loans go unpaid. The statistics look daunting. Student debt now totals around $1.26 trillion. This amounts to a stunning 350 percent increase since 2005, according to the…
RELATED: Rock Dogs plea to the premier The closure of a Bendigo disability service has left more than 100 supported workers no choice but to make ends meet without their weekly wage. Radius Disability Services entered voluntary administration on Monday after a budget audit predicted it could lose as much as $500,000 over the next financial year. California Gully woman Madeline…
Portugal kept its much-needed access to EU financial help Friday after a European Central Bank-approved credit agency maintained its rating of Portuguese debt at investment grade level. Toronto-based DBRS announced it had kept Portugal’s rating at “BBB” level, with a “stable” perspective. “The rating reflects Portugal’s eurozone membership and its adherence to the EU economic…
National Debt Relief recently shared in an article published October 11, 2016 some key points about forcing retirement savings on consumers. The article titled “Is it Right To Make Saving For Retirement Mandatory?” looks at how a mandatory retirement savings policy would affect consumers both with their immediate needs and future financial plans. New York,…
Related Story: Alleged drug trafficker ‘made to feel like a goose’ over cocaine deal gone wrong Victoria Police used taxpayers’ money to help pay off a drug dealer’s “massive” debts in return for giving evidence at an extortion trial, the County Court has heard. Key points: Lawyer says Arthus Vouthas’s evidence…
Government set to change laws to help claim back welfare overpayments Published: 21 October 2016 People rorting the welfare system have been getting off scot free with the Government claiming it would cost more to chase the welfare debt rather than to simply waive it. So, theyve instead written off the staggering $76 Million in…
AN Inverclyde church is offering free debt advice for local people after partnering with the award-winning national debt counselling charity, Christians Against Poverty. The Debt Centre will act as an extension to the i58 Project, which is the social action ministry of Greenock Elim Church. The i58 project is best known for founding and operating…
10/20/2016 Photo courtesy of SIR. (Reuters) Ivory Coast will organize debt relief for the state oil refinery using public and private funds, a government spokesman said on Wednesday. The Societe Ivoirienne de Rafinage (SIR) is the biggest refinery in French-speaking West Africa and has accumulated debts worth hundreds of billions of CFA francs (hundreds…
It finds that Britains household debt problem has a local dimension with communities with high concentrations of lower income, younger and households living in rented housing more likely to experience problem debt. This concentration of household debt reduces household consumption and so constrains local economic growth. Over-indebtedness is also associated with poor health and negatively…