Our panel of credit counselors from ClearPoint Credit Counseling Solutions has this advice if youre facing a lot of debt:
gt;Dont keep your problem a secret. Reach out to the company/doctors office/credit card company and let them know your problem, and what youd like to do to get them your money. For example, if youre waiting on a tax refund, let them know its coming.
gt;Bankruptcy is not the first solution, its the last resort. Counselors can help...
The government has made a clear promise to consolidate the debt, Tarlós said, adding that the debt consolidation could happen within a few weeks. The city council is conducting promising talks with the government, he said when asked about the HUF 15 bln gap in the budget for the citys public transport.
(Bloomberg) — Ocwen Financial Corp., the mortgage servicer
under attack for its handling of home loans, slumped the most in
more than a month after receiving notices that it was being
fired from overseeing debt backing two bond deals.
The company’s shares dropped 17 percent to $8.14 on Friday,
the most since Jan. 23. Wells Fargo amp; Co., the trustee for the
transactions, said in letters to investors this week that a
majority of bondholders had directed it to terminate Atlanta-based Ocwen from working on the deals, which include about $260
million of loans, or less than 0.1 percent of its servicing
Are you saving enough for retirement? Probably not, if you listen to the personal finance advisers out there.
These are people who perform middle-class morality by scolding people for not saving enough money. And sure, cutting debt and avoiding high-interest loans is all well and good. But the ideology of saving scolds goes a lot further than that. Their radically individualist views are not just incoherent, but ideologically pernicious.
First of all, I have yet to see it demonstrated that significantly increasing the savings rate is actually mechanically possible. Consider the radical saving scold Mr. Money Mustache, who suggests a savings rate of 50 percent is a great target.
Yuma, Arizona – On Tuesday, March 17th, the Yuma Main Library, in collaboration with Money Management International, is hosting two FREE personal finance workshops. Learn how to take control of your financial situation and create financial security!
Tuesday, March 17th @ 10:00 am
Managing Income and Expenses: getting from here to there
Wise financial management requires a series of daily choices. With a spending plan, your choices are prioritized to help you stay on track and follow the plan. Learn how to create a budget; monitor your progress; manage the flow of income and expenses; comparison shop; and protect your assets.
The peer to peer (P2P) market is rapidly gaining traction in the UK, with alternative lenders now considered a credible and vital alternative to high street banks when it comes to providing business finance.
Saving money is hard without a plan. Below, the best tips on how to save money from experts and media around the world.
Basic rules for financial success Smart money moves arent more complicated than you think, said Brett Arends at The Wall Street Journal. Theyre simpler. Just follow a few simple, bedrock strategies, and your finances will stay healthy. First, ignore the so-called experts. Stocks that Wall Street experts like most generally fare no better than those they like least — or stocks picked at random. Keep your investment strategy basic; a simple, diversified portfolio of low-cost index funds, rebalanced yearly, will do just fine — if not better than anything...
A source at the European Central Bank also ruled out restrictions on savers right to withdraw their deposits, aiming to dismiss expectations that – as euro zone member Ireland put it – the Greek banking system might have gone belly up.
Tsipras and his Syriza party won power last month on promises to end Greeces EU/IMF bailout program and cooperation with the troika – European Commission, ECB and IMF officials who have monitored Greeces compliance with its austerity and reform commitments.
However, Athens has been forced to accept a conditional extension of the bailout at the insistence of Eurogroup members led by Germany. It must also still deal with the troika,...