Independent MP Andrew Wilkie has called for an overhaul of Centrelink’s new automated data recovery system. Catherine Hehir was wrongly told she owed more than $4000, and should start paying it back to avoid debt collectors. Picture: Supplied DEMANDS for Centrelink payments are putting Aussies under intense pressure, with the Government agency even tweeting the…
The top three 0% balance transfer credit cards to consolidate your post-Christmas debts with as the new year begins. As youd expect, credit card use generally skyrockets over Christmas. As such, levels of debt also balloon at this time of year. So its not surprising that a number of banks ramp up their 0% balance…
The holiday season is officially over, and youve probably started assessing the damage done to your credit card balance. While no official numbers have been released, most were expecting retail sales to increase compared to 2015. Continue Reading Below If you ended up spending more than you had originally planned, dont let it ruin the…
Its fairly common for people to make resolutions at the beginning of the year. Among the most common resolutions are those that have to do with money. Even if you dont have a specific resolution related to money for this new year, you can still improve your finances. One way to do that is with…
Like Caesars Gaul, the U.S. Department of Educations debt cancellation can be divided into three parts. The first allows the Education Department to discharge debt for a narrow group of student debtors in extreme situations: students with permanent and total disabilities and families of those who perished during the 9/11 terror attacks. Another set of…
Amid growing controversy about Centrelink’s new automated debt recovery methods, the agency is using Twitter to refer welfare recipients to a crisis support hotline and offer assistance from trained social workers. Centrelink has been sending out 20,000 debt-compliance letters a week since the Turnbull government introduced a new computer-based compliance system in July, up from…
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BENGALURU: Funding winters and the investor sentiment in 2016 saw multiple growth-stage companies turning to venture debt to tide over the hard times. The absence of a traditional credit line from institutional investors like banks has seen these smaller companies diluting precious equity for working capital and other needs. In order to streamline the process…
Related Story: Porter defends Centrelink amid debt recovery row Related Story: Centrelink staff to get ‘customer aggression’ training amid debt row Independent MP Andrew Wilkie has criticised the Federal Government over Centrelink’s new debt recovery system, saying it was designed by a “dunderhead”. The Tasmanian politician’s comments come amid…
Imagine you get a letter from Centrelink saying you have an outstanding debt of more than half your yearly salary. Oh, and it’s due in just over a fortnight. Brisbane-based single mum Joy got a letter like that before Christmas. (Joy isn’t her real name; she’s asked Hack not to identify her as her debt…