In light of several systemic challenges affecting Ghana’s loans and debt management, the Economic Governance Platform (EGP), with support from Open Society Africa, has commissioned a comprehensive research initiative to diagnose the root causes of the country’s debt distress. The initiative involved three focused studies aimed at evaluating the institutional, legal, and policy dimensions of…
Debt forgiveness can offer significant relief from high-rate credit card debt, but only in the right situations. Getty Images/iStockphoto Credit cards have always been an expensive way to borrow thanks to the high rates, compounding interest charges and extra fees they come with — and this type of debt is only getting pricier. With credit…
The Fairness Group The government established the Fairness Group in 2016, bringing central and local government, the debt advice sector, and the debt collection industry together. The Fairness Group is responsible for examining fairness in government debt management practices and making evidence-based recommendations for change. This includes fairness in relation to the treatment of vulnerable…
What collection debt looks like in America: A mid-year look Modesto Bee Read the original article here
National nonprofit credit counseling agency Take Charge America reveals the critical components and benefits of this effective, yet underutilized debt relief option. PHOENIX, July 09, 2025–(BUSINESS WIRE)–When faced with mounting credit card debt, many Americans assume their only options are drastic: debt settlement, bankruptcy or simply ignoring the problem. But there’s another path that’s often…
From Wealth Management to AI Debt Relief: Inside Midas Labs’ Reinvention Fintech.ca | Read the original article here
Drake is getting candid about his recent gambling misfortunes. On Wednesday (June 18), the 38-year-old rap superstar took to social media to reveal the millions he’s lost through sports betting over the past month. “Gotta share the other side of gambling…,” Drake wrote on his Instagram Story alongside a screenshot of his hefty losses. “Losses…
Credit: Mohammed Louati/Unsplash The streamer Trainwreck has announced he will take a break from gambling after losing $19.5 million in a livestream at online casino Stake. In other broadcast news, political commentator Tucker Carlson has urged young men not to pay their gambling debts. In a stream posted on Kick two days ago titled “Max…
This toolkit has been developed by the Fairness Group, led by the Government Debt Management Function (GDMF), with representatives from government organisations, the debt advice sector and other support organisations. This toolkit is intended to enable frontline staff to identify and help customers who may need additional support (sometimes called ‘vulnerable customers’) in a debt…
Money that could help address the teacher shortage is often the first to get cut in pursuit of keeping up with government pension debt. Supporting Illinois teachers will require constitutional pension reform and protecting Tier 2 cost savings. Teachers unions claim Illinois needs to improve teacher pensions to attract more educators, but new survey…