Author: Paula Torr
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Personal bankruptcies are on the rise
At the same time, the cost of living continues to climb, as do the number of declarations of insolvency by Canadian consumers. Data released by the ... -
Student loan freeze boosted credit scores, study finds
Vice President Harris announces the U.S. Department of Education’s plan to forgive all remaining federal student loans for borrowers who attended Corinthian Colleges. Credit scores of ... -
1 million Californians are eligible for student debt relief
Nearly one million Californians who work in government are eligible for student loan forgiveness, but only 10,000 have received it. Now they have until October 31 ... -
What happens if you don’t pay your energy bills? 91,000 pledge to stop paying in October | Personal finance | Finance
Don’t Pay UK was created in June, and the aim of the movement is to stop Ofgem’s price cap being raised by threatening ‘mass non-payment’ from ... -
Unintended consequences: Credit law change led to intrusive inquiries and higher denial rates for creditworthy borrowers
Trade and Consumer Finance Minister David Clark was forced to amend the CCCFA and then order an investigation after lending orders fell. Photo/Mark Mitchell A government ... -
Eagle Bancorp, Inc. (NASDAQ:EGBN) shares sold by Royce & Associates LP
Royce & Associates LP reduced its stake in Eagle Bancorp, Inc. (NASDAQ: EGBN – Get a rating) by 11.0% in the first quarter, according to its ... -
Democrats add farm debt relief to climate finance as Senate move nears | 2022-08-06
A revised climate finance package that Democrats are pushing through the Senate this weekend cancels a debt relief program for minority farmers that was blocked by ... -
Cancel Ukrainian debt to prevent winter from becoming a killer
Winter is coming, and it will be deadly because the war in Ukraine will not be over by Christmas. While Putin may not have anticipated that ... -
Companies that take money directly from your salary
At any given time, millions of workers are behind on at least one invoice. But it’s the rare employer who is slow to cut wages or ... -
Lone Democrat on Bradley County ballot defeats millionaire Allan Jones for Cleveland District 5 school board seat
The lone Democrat on the local ballot in Bradley County, Jodi Riggins, won a school board seat on Thursday against Allan Jones, a millionaire payday lender ... -
Georgia Amends Residential Mortgage and Installment Loan Laws | Alston and bird
A&B Summary: On May 2, 2022, Georgia Governor Brian Kemp signed HB 891 and SB 470 in the law. HB 891, effective July 1, 2022, updates ... -
Booming Global Consumer Debt Settlement Market Demand
Consumer Debt Settlement “Consumer Debt Settlement Market” research report is a professional report containing quality information including company size, running patterns, drivers, imaginable outcomes and major ... -
Equifax sued over erroneous credit scores sent to ‘millions’ of Americans
Equifax has been slapped with a lawsuit over incorrect credit scores it sent millions of customers this spring. In a lawsuit filed Wednesday in the Northern ... -
Payday Loans Market Size, Scope and Forecast | Key Players – Cashfloat, CashNetUSA
Allied Market Research released a report titled, “Payday Loans Market by Type (Storefront Payday Loans and Online Payday Loans), Marital Status (Married, Single, and Others), and ... -
Getting out of the Chinese debt trap
The world’s poorest countries – including many in Africa – will face $35 billion in debt service payments in 2022. According to the World Bank, about ... -
Build your credit by paying rent
Eva Wong, co-founder and COO of Borrowell, says the program is a unique Canadian program that will help millions of tenants build credit histories using their ... -
Third Quarter 2023 EPS Estimates for First Commonwealth Financial Co. (NYSE:FCF) Raised by Analyst
First Commonwealth Financial Co. (NYSE: FCF – Get a rating) – B. Riley raised his earnings per share estimates for the third quarter of 2023 for ... -
Stock Commentary: SM Prime H1 net profit up 21% YoY on retail ‘recovery’
SM first [SMPH 37.00 1.09%] [link] pushed back guidance on its second-quarter financial statements that said its first-half net profit rose 21% year-on-year to 14.1 billion ... -
Inflation prompts US consumers to spend more on credit cards
A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni Join now for FREE ... -
Unilever sees growth in B2B e-commerce segment
Unilever saw e-commerce become a driving force in the second quarter, now accounting for 14% of revenue, up from 6% from 2019, according to half-year results ... -
Nisa Investment Advisors LLC sells 8,930 shares of Waterstone Financial, Inc. (NASDAQ: WSBF)
Nisa Investment Advisors LLC reduced its stake in Waterstone Financial, Inc. (NASDAQ: WSBF – Get a rating) by 72.6% in the 1st quarter, HoldingsChannel.com reports. The ... -
Getting out of a debt trap is easier said than done, but a good strategy can help
One of the biggest misconceptions about money is that it’s all math. Nothing could be further from the truth. We each have our own relationship with ... -
Zambia’s debt relief pledge paves the way for $1.4 billion, IMF says
JAKARTA/LONDON — Zambia’s creditors on Saturday pledged to negotiate a restructuring of the country’s debt, a move that International Monetary Fund Managing Director Kristalina Georgieva hailed ... -
How to shop for a mortgage without hurting your credit
Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners ... -
Pawnbroking rises in UK amid cost of living squeeze
Customers who walk through the doors of Ramsdens pawnshops experience the loan service in very different ways. “We have a very good customer [with] a platinum ... -
Dismal political action by global economic players – Opinion
The International Monetary Fund (IMF) recently released the July 2022 update to one of its flagship World Economic Outlook (WEO) reports. The ‘Gloomier and more uncertain’ ... -
This One Move Could Stop Your Credit Score From Dropping
Getty Images This may require a bit of calculation on your part. Key points The higher your credit score, the more borrowing options you have. Judicious ... -
How Refyne is financially empowering employees with ‘pay-as-you-go’ in India
An employee’s financial well-being plays a key role in their happiness, satisfaction, and job performance. Employees facing financial difficulties are less engaged, motivated and likely to ... -
Macron’s reform package tested as French MPs approve €20bn inflation-fighting package – POLITICO
PARIS — France did what it does best: throw money at a problem. As the country grapples with soaring energy prices, 5.8% inflation and warnings of ... -
How to pay off your car loan faster (2022)
Paying for your car is probably one of your biggest monthly expenses. Understanding how to pay off your auto loan faster can help you save a ... -
CFPB orders Hyundai to pay $19 million over widespread credit report failures
WASHINGTON DC – Today, the Consumer Financial Protection Bureau (CFPB) penalized Hyundai Capital America (Hyundai) for repeatedly providing inaccurate information to national credit reporting companies and ... -
Pay-as-you-go: 60% of American workers want daily access to earned wages
By Christopher Wood, RPC. A new national study that analyzed the impact of same-day pay found that, among other things, more than 60% of American workers ... -
Dividend announcement PRK $1.0400/share 07/25/2022
Park National Corp (Newark, OH) (AMEX:PRK) on 07/25/2022 declared a dividend of $1.0400 per share payable September 09, 2022 to shareholders of record as of August ... -
7 simple and inexpensive water toys
Max Topchii / Shutterstock.com Editor’s Note: This story originally appeared on Live on the cheap. If you associate outdoor play with water toys, you might be ... -
These 2 Anti-Inflation Stocks Pay Monthly Dividends
Rising food and energy prices sent the consumer price index jumping 9.1% year over year in June, the fastest increase since November 1981. The rise prices ... -
CT consumers will get a refund from the payday loan collection agency
CONNECTICUT — The state’s banking department has reached a settlement with a consumer collection agency trying to collect payday loans that can’t be enforced in Connecticut. ... -
Eagle Bancorp Inc (NASDAQ:EGBN) downgraded by StockNews.com to be sold
Eagle Bancorp (NASDAQ:EGBN – Get a rating) was downgraded by investment analysts to StockNews.com from a “hold” rating to a “sell” rating in a report released ... -
Student debt: can Parent PLUS loans be forgiven?
(NEXSTAR) – As the conversation around federal student loan relief continues, some parents are wondering if the loans they have taken out on behalf of their ... -
Second mortgage: Loans soar as Britons struggle to pay off debt | Mortgages
It may come as no surprise with the raging cost of living crisis, but a growing number of homeowners are opting to afford a second mortgage. ... -
BREAKING: GOP Senate candidate Ted Budd sided with payday lenders as he took their PAC donations
A new report published today reveals that Ted Budd “repeatedly sided with payday lendersand in return they “repeatedly filled his campaign coffers.” Despite North Carolina’s ban ... -
M&T Bank Corporation – Consensus indicates 20.6% upside potential
M&T Banking Corporation found using ticker (MTB) now have 19 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between ... -
Clear principles are needed for a debt relief program: The DONG-A ILBO
The presidential office announced on Tuesday that the debt relief program that halves interest payments for young debtors by up to half is “not designed to ... -
How do personal loans work?
How to apply for a personal loan If you get a personal loan for yourself, you will need to apply for a loan and qualify to ... -
UAE: Paying electricity and water bills late will affect credit scores – News
Reports currently also consider monthly salary, check clearance rate Published: Thu 21 Jul 2022, 11:43 Al Etihad Credit Bureau (AECB) has added utility billing data to ... -
Advocates call for restrictions on ‘predatory’ payday loans | Local News
MANKATO — Advocates for local nonprofits are considering asking the Mankato City Council to impose interest rate caps on what they call “predatory” payday lenders. Payday ... -
The world is unprepared for a wave of sovereign debt defaults
The World Bank is not often inclined to make definite prophesies of doom instead of wringing its hands and talking vaguely about risk. So it’s something ... -
Stocks as collateral for loans: are they an option?
Chainarong Prasertthai/Getty Images/iStockphoto Accessing money to finance a business can be difficult for many reasons. Yet those who own high-value, publicly funded stocks may find the ... -
State Bank of Vietnam considering online loan facility | Company
Illustrative photo However, although it is still at the project stage, it could still face difficulties in opening the doors to electronic lending if the current ... -
Comerica Bank acquires 4,942 shares of Synchrony Financial (NYSE:SYF)
Comerica Bank increased its stake in the shares of Synchrony Financial (NYSE: SYF – Get a rating) by 4.3% in the first quarter, according to its ... -
BNPL service to change in Australia
Companies that buy now and pay later have been on a roller coaster since taking office at the start of the pandemic. After quickly gaining public ... -
Cypriot parliament suspends seizures | eKathimerini.com
The Cypriot parliament has passed a bill suspending seizures until the end of October. Finance Minister Constantinos Petrides expressed disappointment with the move, saying failure to ... -
IMF chief describes Sri Lanka as ‘warning sign’ for countries with high debt and limited policy space
NNA | Updated: Jul 17, 2022 11:30 PM STI bali [Indonesia]July 17 (ANI): Highlighting ongoing political unrest in Sri Lanka, International Monetary Fund Managing Director Kristalina ... -
Medical debt will now disappear from your credit report once paid off
Image source: Getty Images Until recently, medical debt, even debt that has been paid off, could stay on a consumer’s credit file for years. But due ... -
Attorney General candidate Jen Jordan makes stopover in Albany | New
Country the United States of AmericaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s ... -
Salisbury Bancorp, Inc. (NASDAQ:SAL) Short Interest Up 89.2% in June
Salisbury Bancorp, Inc. (NASDAQ: SAL – Get a rating) benefited from a sharp rise in short-term interest rates in June. As of June 30, there was ... -
47 companies authorized to import 73,000 tons of rice
The government has given the green light to 47 companies to import 73,000 tons of rice as part of its continued efforts to contain food prices ... -
Chart of the month: Does student debt influence career choices?
School debt continues to rise. In 2021, the average debt-ridden vet school graduate owed $186,430 in student loans, up 17% from 2011 when adjusted for inflation. ... -
What affects mortgage interest rates when buying a home?
Once people have decided to buy a home, they want to know what interest rate they can expect on a mortgage. After all, buying a home ... -
ALPIB Dividend announcement $0.1800/share 07/14/2022
Cl B Com/Alpine Banks of Colorado (OTCBB:ALPIB) declared on 07/14/2022 a dividend of $0.1800 per share payable on August 01, 2022 to shareholders of record on ... -
Keiser University and Lincoln Tech oppose debt relief for broke and ripped off students
Three chains of career colleges with disturbing track records have become the first institutions to oppose a landmark legal settlement that would offer some $6 billion ... -
Government of Kerala Provides Funds to KSRTC to Assist in Loan Repayment | Thiruvananthapuram
Thiruvananthapuram: The Kerala government is providing funds to the indebted KSRTC for the repayment of loans it has taken out and would consider the recommendations of ... -
KarmaLife’s Digital Karma Provides Financial Services to Underserved Workers
In 2017, when Rohit Rathi was looking for a house near his new office and negotiating the security deposit, he was surprised at how quickly the ... -
Shares of First Foundation Inc. (NASDAQ:FFWM) acquired by Assenagon Asset Management SA
Assenagon Asset Management SA increased its equity stake in First Foundation Inc. (NASDAQ: FFWM – Get a rating) by 257.7% in Q1, according to its most ... -
Urgent multilateral action crucial to tackle growing climate emergency and global food crisis, Secretary-General tells Group of 20 Foreign Ministers meeting – World
SG/SM/21369 Here is the message of United Nations Secretary-General António Guterres to the Group of 20 Foreign Ministers (G20) on strengthening multilateralism, in Bali, Indonesia, today: ... -
PureGold closes $6 million loan and progresses turnaround plan
Canadian gold miner PureGold has entered into an additional $6 million credit facility with Sprott Resource Lending as part of several agreements reached with the lender, ... -
Over-borrowing, a trap to avoid in personal finance
We certainly live in uncertain and unpredictable times. Apart from the pandemic, the war in Ukraine and the floods, there is now a debt crisis hanging ... -
Online Payday Loans – Cover Emergency Expenses Online – CryptoMode
Where can you get money for emergency expenses? How can you do it? These are the questions most frequently asked by Americans in financial difficulty. Many ... -
African countries are three times more indebted to Western companies than to Chinese lenders
The revelations challenged the long-held narrative/belief that many African countries are more indebted to the Chinese. Recall that this is the same excuse that Western leaders ... -
IMF’s Georgieva warns of ‘complacency’ over global debt problems
July 10 (Reuters) – IMF Managing Director Kristalina Georgieva is pushing China and other Group of 20 economies to accelerate debt relief for a growing number ... -
Sri Lankan protesters hold a mock Cabinet meeting at the Presidential House
COLOMBO: Anti-government protesters occupying the residence of Sri Lankan President Gotabaya Rajapaksa here on Sunday staged a simulation Cabinet meeting and “IMF talks” to ridicule the ... -
Economic fallout from abortion bans will hit the poor hardest
Abortion bans in the United States will put pressure on economically vulnerable women who are already struggling due to high inflation and recession fears, economists and ... -
Georgia Democratic gubernatorial candidate Stacey Abrams has raised $22 million in the past 2 months – surpassing GOP Governor Brian Kemp
Georgia Democratic gubernatorial candidate Stacey Abrams raised more than $22 million in May and June, catapulting her to a huge financial lead over her opponent, Republican ... -
Finance ministers and central bank governors ask IMF and WB for debt relief
comprehensive and substantial”, debt relief for Africa. The request, which was contained in what African finance ministers and central bank governors billed as the “Marrakesh Declaration”, ... -
Pakistan repays $9.436 billion in debt service in nine months – Latest News – The Nation
ISLAMABAD – Pakistan has massively repaid $9.436 billion in debt service from external government borrowings in the first nine months (July to March) of the ... -
What to know about insurance ratings
Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve ... -
Online cash advance: what is it and what are the alternatives
Whether your account is low or your credit cards are depleted, an online cash advance could be a convenient option to secure funds quickly. Still, there ... -
Kuwait’s economy on the road to recovery; KD 2.5 billion loans granted in 5 months – ARAB TIMES
WhatsApp Facebook Twitter E-mail Messenger This post has been read 3801 times! KUWAIT CITY, July 7: Credit extended by the Kuwaiti banking sector continued to grow ... -
France cannot face the inflation crisis with more debt – central bank
PARIS, July 7 (Reuters) – The French state cannot afford to bear the economic fallout from the Ukraine crisis on its own, the governor of the ... -
Huge $900 billion debt – China’s once-profitable high-speed railways are now heading for a trillion-dollar disaster
China’s long-distance high-speed rail (HSR) is hailed as the cornerstone of its initiatives to revive the country’s economy affected by the coronavirus. The government’s aim is ... -
US Bank Personal Loan Review
Main advantages Loans as small as $1,000 If you’re hit with a small emergency, like a broken water heater, a larger loan could leave you with ... -
De-stigmatizing debt at work
US consumer debt continues to climb with no end in sight, average US household owe more than $155,000 — an increase of more than six percent ... -
Stalled debt relief for black farmers could mean the ‘next wave’ of land loss
Legislation signed into law by President Joe Biden in the spring of 2021 was supposed to provide debt relief for socially disadvantaged farmers. Just over a ... -
South Korea’s June inflation hits 24-year high, sparking expectations of a big rate hike
A picture shows workers installing scaffolding under the Bank of Korea logo at its headquarters in Seoul on January 14, 2022. South Korea’s June inflation accelerated ... -
Credit bureau Centrix finds growing numbers of people defaulting on debt and construction liquidations on the rise
The number of people missing consumer debt payments rose for the third straight month in May, with the number of people in arrears rising nearly 12% ... -
Temporary Student Loan Forgiveness Ends Soon: Are You Eligible?
Addy Bink, Nexstar Media Wire Job : Jul 3, 2022 / 11:04 a.m. CDT | Updated: Jul 3, 2022 / 11:04 a.m. CDT Could canceling student ... -
Opportun Completes $400 Million – GuruFocus.com
SAN CARLOS, Calif., May 24, 2022 (GLOBE NEWSWIRE) — Oportun (OPRT), a mission-driven fintech and digital banking platform, today announced the issuance of $400 million in ... -
Cabinet relaxes rules for reimbursement of tax debt due to coronavirus
The Cabinet wants to show some leniency towards “essentially sound companies” which are still struggling to repay a tax debt they have accumulated during the coronavirus ... -
Data-as-a-Service: a new frontier for credit decision-making
The fintech industry in the Philippines has steadily grown due to technological advancements and improved internet penetration in the country. Studies indicate that Internet users in ... -
More UK households are turning to high-cost lenders, charity says | Borrowing & debt
Struggling British households are increasingly turning to high-cost lenders as the cost of living crisis prevents them from paying their bills, anti-poverty charities have warned. It ... -
A Day in the Life of BMTX’s CEO and Founder, and Using Payroll Data to Unlock Opportunities for Banks and Fintechs – Tearsheet
Tearsheet provides daily summaries of top news and events, like this article, in a nifty, neat, and well-packaged daily email. Stay informed. Subscribe here. “Hard times ...
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