By Reuters Published: 11:43 +10:00, 17 August 2016 | Updated: 11:43 +10:00, 17 August 2016 By Guillermo Parra-Bernal SAO PAULO, Aug 16 (Reuters) – Banks and bondholders accounting for more than half of Oi SA’s debt of 65.4 billion reais ($20 billion) are considering proposing a 5-year grace period and lower borrowing costs to speed…
You’ve seen ads offering lower student loan monthly payments and even debt forgiveness. You’re skeptical, but one small part of you hopes that maybe, just maybe, there is a way to get help paying off your student loans. The ad might even call it the “Obama Student Loan Forgiveness Program.” Help paying off a student…
Anthony Alexander found himself $8,000 in debt from hospital bills and other expenses last year when a commercial for United Debt Services, a Frisco-based debt settlement company, came on his mom’s TV. Its claim? It will get you out of debt. Alexander, a 33-year-old mailman from Little Rock, signed up in February 2015 and paid…
What $100,000 in student debt feels like You’ve seen ads offering lower student loan monthly payments and even debt forgiveness. You’re skeptical, but one small part of you hopes that maybe, just maybe, there is a way to get help paying off your student loans. The ad might even call it the “Obama Student Loan…
By Katie Lobosco Published 08/16 2016 03:05PM Updated 08/16 2016 03:05PM Copyright 2016 Cable News Network/Turner Broadcasting System, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. NEW YORK (CNNMoney) You’ve seen ads offering lower student loan monthly payments and even debt forgiveness. You’re skeptical, but one small part of…
Debt relief companies capitalize on borrowers who fall behind on their loans. Whether it’s credit cards, auto loans or student loans, the promise to help people with their debt is a siren call for people who have lost control of it. Student loan debt relief companies are plying an especially insidious trade. They charge borrowers…
Dear Annie: I apparently failed as a parent at teaching my daughter financial responsibility. I raised her as a single parent and worked hard to provide for us. After a few difficult years when she was young, I achieved a fair degree of financial success as a professional. I must have made her think money…
A higher education advocacy group is looking to bring attention to student debt relief companies marketing to borrowers services they could be getting free from the federal government. Student Debt Crisis, a group that advocates on student loan issues through petitions and outreach efforts, says debt relief companies, while legal, often aggressively market services to…
ROBYN EDIE/FAIRFAX NZ Salvation Army corp officer Captain Annette Bray is hoping to get a finance scheme running in Invercargill before the end of the year. A community finance scheme is about to be launched in Southland to help combat debt problems in the region. The scheme is being launched by the Salvation Army. Salvation…
More than a million Puerto Ricans live in Florida. – Joe Raedle/Getty Images In Florida, as many as a thousand people are arriving every month from Puerto Rico, responding to a long recession and a crushing debt crisis there. But Puerto Ricans in Puerto Rico, who are U.S. citizens, nonetheless cant vote in presidential elections, because Puerto…