On March 13, the CFPB filed a brief in an Illinois federal court, reinforcing its arguments for a $43 million judgment against the founder of a now-defunct debt relief company. The CFPB contends that the company’s founder controlled its deceptive telemarking operations and should be held personally liable under the Telemarketing Sales Rule (TSR) and the Consumer Financial…
Debt is an increasing issue with the cost-of-living crisis and other pressures seeing increasing numbers of people struggling to make ends meet. Next week marks the annual Debt Awareness Week an annual campaign organised by charity StepChange to raise awareness of the issue and signpost people to the support and advice they need. Just this…
Pursuing debt forgiveness this March could help you save hefty amounts on your credit card debt. Getty Images Over the past few years, high inflation and the elevated cost of living that comes with it have made it increasingly difficult for many Americans to stay on top of their finances. With everyday essentials like groceries…
Buenos Aires, Argentina – It is December in the capital of Buenos Aires, and the summertime temperatures have soared to 35 degrees Celsius (95 Fahrenheit). The sun beats relentlessly on the corrugated metal roofs of Villa Fiorito, a working-class neighbourhood south of Argentina’s capital city. Teenagers in flip-flops ride their motorbikes through the dirt streets.…
Does College Basketball Have a Gambling Problem? The Wall Street Journal Read the original article here
VIRGINIA BEACH — A former prosecutor pleaded guilty Friday to stealing thousands of dollars from a fund meant for crime victims in order to cover his extensive online gambling debts. James Spero Panagis Jr., 46, pleaded guilty to five felonies: embezzlement of more than $500, two counts of uttering a forged check and two counts…
Ethiopia has reached an Agreement in Principle (AIP) with its Official Creditor Committee (OCC) on the key financial parameters of a debt treatment plan under the G20 Common Framework, covering approximately USD 8.4 billion in outstanding public debt. In a statement issued today, the Ministry of Finance announced that, as part of…
It helps to know the timely dos and don’ts of credit card debt forgiveness before getting started. Getty Images Hopes that the Federal Reserve would resume its interest rate cut campaign, while dim, were eliminated this week after the bank continued to keep its federal funds rate on pause. And while that inaction was largely…
The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ So it might be obvious that you need to consider debt, when you think about…
Rhode Island Attorney General Peter Neronha has filed a lawsuit against a debt-management service provider, claiming they violated the state’s Unfair and Deceptive Trade Practices Act. Neronha alleges that the Michael Moccia and Palisade Legal Group harmed Rhode Islanders by charging illegal and excessive fees and damaging consumers’ credit scores. “We will never tolerate illegal…