The Gibraltar Citizens Advice Bureau (GCAB) expects a surge in people needing help with debt problems during the coming weeks. Some people have begun the New Year fighting a debt hangover, the GCAB said in a statement. We usually see a rise in people getting help with debt problems in January, but the kind of…
Even though its incredibly easy to slap a government agencys logo on your website, that doesnt make it okay. Just ask the two debt relief companies that have been ordered to stop using Department of Education logos to mislead student loan borrowers. In letters seen by Consumerist, lawyers for the Dept. of Education ordered two…
BY YVONNE SELCERGUEST COLUMNIST As I knock on doors to find out what issues are important to our community members, crushing student debt is a big issue I hear about with unfortunate frequency. This issue continues to heavily impact many Minnesotans, not just current college students and graduates, but parents and high school students looking…
BY YVONNE SELCERGUEST COLUMNIST As I knock on doors to find out what issues are important to our community members, crushing student debt is a big issue I hear about with unfortunate frequency. This issue continues to heavily impact many Minnesotans, not just current college students and graduates, but parents and high school students looking…
Last Monday may have been Blue Monday, but debt counsellors working in Londonderry are urging people not to be terrified of post-Christmas bills and seek help immediately if they are concerned or are in difficulty. Debt Advisors Sean McCallion, Tom Henry and Sean Doran have…
Theres no question the student loan situation in the U.S. has reached crisis levels. Many borrowers are struggling with colossal amounts of debt, not sure where to turn for help. At last count, total student loan debt in America stood at $1.3 trillion, with 43 million people stuck with at least one student loan. And it doesnt help…
JUNEAU The Republican senator in charge of crafting the capital budget is so staunchly opposed to Gov. Bill Walkers call for the state to issue hundreds of millions of dollars of general obligation bonds a part of the governor’s overall solution to the state government fiscal crisis that the proposal may not even be considered.…
SAN JUAN, Puerto Rico (AP) A deal to restructure Puerto Rico’s troubled power utility’s $8.2 billion bond debt fell apart early Saturday, after lawmakers missed a Friday midnight deadline to approve key conditions for the proposed bond swap, including putting a debt payment charge directly on customers’ bills. … Read the full article at: http://www.heraldcourier.com/news/world/puerto-rico-power-debt-relief-deal-falls-apart/article_6c1d5a9f-5f7a-5a1f-bf41-a38492c1d3c2.html
Following an in-depth investigation, ASIC is warning consumers to steer clear of debt management businesses that promise to clean up your financial life in one fell swoop. The kicker is that many such operations also called debt consolidation firms charge high upfront fees for services you could do yourself for free, including challenging incorrect information…
Rep. Debbie Wasserman Schultz pledged Friday to launch a renewed push for legislation that would provide a partial bailout for Puerto Ricos $72 million debt, part of an economic crisis that has prompted tens of thousands of island residents to flee to Florida and other states. Wasserman Schultz, a Florida representative who is also chairwoman…