What if you could move to a new city that would hand you cash to pay down your student loans? Well, thats a reality in some cities around the U.S. Dont expect to find these programs in popular cities like Boston, Chicago, or Atlanta. Look toward smaller towns in the middle of the country, like…
The FCA is writing to 16,000 customers to tell them the company is no longer authorised to offer debt management services. Poor debt advice can lead to consumers trying to make payments on their debt that they cannot afford which is particularly serious for those in vulnerable circumstances and why we have paid very close…
For adults in their 30s, 40s, or 50s who are still making payments on their student loans, you have a few options for getting help. If you work for the U.S. government, you can apply for a loan repayment program, which can ease the burden on your student debt. If you dont work for the…
The debt management firm PDHL has been shut down by the financial watchdog and can no longer continue business. The Financial Conduct Authority said it had made a number of failings and it is now contacting its 16,000 customers to tell them where they can find alternative free debt management advice. The FCA is currently…
Market regulator Securities and Exchange Board of India (Sebi) is keen on bringing out norms with regard to ‘gating’ redemptions and spell out instances when funds can create a ‘side-pocket’ to help investors and fund houses navigate the recent Amtek Auto-like episodes better. The move is also aimed at preventing large-scale exodus of…
Time is growing short for Congress to help Puerto Rico out of the worst debt crisis any state or territory of the United States has faced since the Great Depression nearly 100 years ago. By every possible measure, Puerto Ricans are facing a grim present and an even darker future unless Congress offers a helping…
Erika Singleton said she moved her family to Richton Park in 2014 to escape gun violence in her Auburn Gresham neighborhood on the South Side. Though she said she feels safer in the south suburbs, she watched her living expenses, including rent and her children’s activity costs, grow from $500 a month to $2,500. “Honestly, we were…
The American Dream of college education has turned into a nightmare for many saddled with student debt, but momentum is building in Congress for a solution that could benefit workers and employers alike. Rep. Rodney Davis (R-Ill.) is pushing one of two bills that advocate for a small change in federal tax law to help avert billions of dollars…
State Rep. Kurt Daudt (R-Crown) The Minnesota lobbyist who helped House Speaker Kurt Daudt in lawsuits over credit card debt was hired and paid by the Republican lawmaker, a spokeswoman told the Business Journal. The lobbyist, R. Reid LeBeau II, is helping Daudt fight a debt lawsuit brought by U.S. Bancorp’s U.S. Bank subsidiary over…
By Ruth Lythe for Money Mail Published: 11:01 EST, 9 March 2016 | Updated: 20:17 EST, 9 March 2016 More than 200,000 credit-card borrowers turned to a charity for help last year because they were unable to repay their debts. Stepchange says the number of families contacting it over out-of-control credit card balances has soared…