Alvarez & Marsal calls for beefing up machinery, judicial Bench strength New Delhi, January 17: The Corporate Affairs Ministry (MCA) and the Insolvency and Bankruptcy of India (IBBI) should limit the number of pending bankruptcy and insolvency cases referred to the National Company Law Tribunal, an Alvarez & Marsal report has suggested. NCLT, which was…
SINGAPORE: A new repayment scheme that aims to help over-indebted customers repay unsecured loans from facilities like credit cards, personal loans and overdrafts, will be launched next Monday (Jan 23). A total of 14 financial institutions, all of which offer unsecured credit loans, will be participating in the Debt Consolidation Plan (DCP), the Association of…
Federal Hunter MP Joel Fitzgibbon. Picture: Alex Ellinghausen Two Labor MPs have slammed the Turnbull Government over the Centrelink debt saga, and have repeated calls for the governments cash claw-back to be put on hold until the matter has been cleared up. The federal welfare agency has sent debt notices to thousands of people across Australia…
Debt is one of the great financial white whales almost everyone has some sort of debt, but repayment seems to be increasingly out of reach for many. Student loans are crippling young adults financial wellbeing young, while mortgage rates climb and a wider variety of credit options become available. Debt can be a vicious cycle…
Avoid falling into the trap of using repeated debt consolidation loans to deal with your debts. Instead, create a budget, set financial goals and work step-by-step to get back on track and stick to your goals. Dutko / Getty Images/iStockphoto Q: My husband and I have been looking at options how to deal with what…
Illustration: Luo Xuan/GT For more than 10 years many African countries have borrowed intensely from the international capital market amid the continent’s continued economic growth. However, some African countries’ debt loads are worsening and signs of a debt crisis have emerged, due to a decline in major commodity prices, the sluggish eurozone economy and China’s…
National Debt Relief recently shared in an article published January 1, 2017 some tips to help consumers give their financial health a boost at the start of the year. The article titled “5 Tasks That Will Boost Your Financial Health In 2017” aims to help people get a good start with their finances for the…
National Debt Relief recently discussed in an article published January 1, 2017 some of the ways consumers can save money with their credit card use. The article titled “Credit Card Tricks The 7 You Need to Know to Save Money” looks at tips that would help people use and manage their card activities better. Miami,…
College debt in America is escalating. Most students today are graduating with not only a degree but also a mountain of debt. Nearly 70% of graduates carry student loans when they leave campus, with an average balance of $30,100 per person, according to the nonprofit Institute for College Access & Success. Its not surprising, then,…
Glen McKenzie, President and CEO, DATCU by Glen McKenzie, President and CEO, DATCU Using a personal loan to refinance your existing debt can make your debt more manageable. Youll have one monthly payment at one interest rate instead of many smaller bills due on different days of the month. Will personal loans work for you?…