(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.

Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.

She said unsecured debt is the best place to start.

“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”

Dale…

(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.

Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.

She said unsecured debt is the best place to start.

“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”

Dale…

(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.

Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.

She said unsecured debt is the best place to start.

“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”

Dale…

(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.

Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.

She said unsecured debt is the best place to start.

“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”

Dale…

Mumbai: The National Company Law Tribunal (NCLT) has dismissed an application filed by the interim resolution professional (IRP) of SKIL Infrastructure seeking withdrawal of the corporate insolvency resolution process (CIRP) against the company.The listed infrastructure firm, promoted by brothers Bhavesh and Nikhil Gandhi, was admitted under the CIRP on an application filed by its financial creditor, Amluckie Investment Company.

“We are of the considered view that the withdrawal does not deserve to be allowed,” an NCLT Mumbai division bench of judicial member Saji Kumar and technical member Anil Raj Chellan said in its order dated August 13. “The applicant/IRP is directed to constitute the committee of creditors (CoC) forthwith and…

As high interest rates remain the norm and the cost of everything from groceries to housing continues to rise, it’s getting harder for those with credit card debt to fit both their necessary expenses and their debt payments into their budgets. To make the numbers work, some are cutting back on their spending. Others are refinancing or consolidating their debt to make it more affordable. But for those who are…

Police investigating the suspected murder of an Indonesian journalist say the purported killer was mired in online gambling debts.

Indonesia’s Metro TV News reported that police now suspect financial motives in the death of Aditya Warman, 47, the editor-in-chief of an online media outlet who resided in Pangkalpinang.

The chief suspect, named as Hasan Basri, was arrested earlier this month after a four-day manhunt.

Basri was “entangled” in gambling debt, officers said. He and another individual (also a suspect in the case) had been…

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