The Commonwealth Ombudsman has called on Centrelink to lift its game and make its automatic debt recovery system more user-friendly and transparent. A report released on Monday called on the Department of Human Services to improve the clarity of letters sent to welfare recipients and provide more help to vulnerable people. “We found there were…
When you seek help with debts you should now be getting the same standard of advice wherever you go. Debt advice works. Two-thirds of people (65%) either started repaying debts or had already paid them off in full within six months of getting debt advice. See also: The people who spend more on debts than…
The Sunday Times No debt trouble should be insurmountable, says the FCAALAMY The Financial Conduct Authority (FCA) is proposing new rules to help protect consumers in persistent credit card debt. The FCA estimates about 3.3m people are in persistent debt, more than half of them (1.8m) for two consecutive periods of 18 months. Persistent debt…
When you seek help with debts you should now be getting the same standard of advice wherever you go. Debt advice works. Two-thirds of people (65%) either started repaying debts or had already paid them off in full within six months of getting debt advice. See also: The people who spend more on debts than…
National Debt Relief recently shared in an article published March 22, 2017 some of the benefits of debt consolidation. The article titled “What is a Debt Consolidation Loan? A Guide and Helping Hand” aims to help consumers understand the program in order to be guided in making informed financial decisions. Philadelphia, PA (PRWEB) April 09,…
NationalDebtRelief.com manage multiple debts with ease Past News Releases RSS Philadelphia, PA (PRWEB) April 09, 2017 National Debt Relief recently shared in an article published March 22, 2017 some of the benefits of debt consolidation. The article titled What is a Debt Consolidation Loan? A Guide and Helping Hand aims to help consumers understand…
Legal Aid’s Julie Maron, Tahlena Galvin-Moule and Nicole Dwyer. Riverina residents worried about Centrelink debt notices can now have legal queries fast-tracked. Legal Aid has joined forces with community legal centres to give timely and independent legal advice for these people, including those who have received a so-called robo-debt or automated debt notice. Anyone calling LawAccess in relation to a Centrelink debt…
When you consider how many people worry about the federal government’s debt, it’s surprising how rarely we hear about the nation’s much bigger foreign debt. When it reached $1 trillion more than a year ago, no one noticed. That’s equivalent to 60 per cent of the nation’s annual income (gross domestic product), whereas the federal net…
When Australia’s prudential regulator this week revealed plans to impose higher capital charges on housing loans it was seen in some circles as a gift for the “two stumps”. The two stumps refers to the Melbourne headquartered banks, ANZ Banking Group and National Australia Bank. They are part of the four pillars policy that stops…
Most Americans have multiple credit cards open with outstanding balances and sometimes juggling accounts can be real challenge. However, there are options to bring your monthly debt burden down to more managable levels. National Debt Relief Following offered some very common questions about debt consolidation and debt settlement. Q: Can Credit Card Consolidation Cut My…