Debt Relief Companies Get Hit with New Government Rules -Sun, 05 Sep 2010

Debt relief companies are in hot waters, as new changes to the Telemarketing Sales Rule (TSR) will prevent them to charge upfront fees until they actually do something for the consumer, Wall Street Journal reported. The TSR provisions will be in effect beginning Sept. 27. Three rules apply: (1) debt relief companies are to let consumers know what will happen, (2) what it will cost, (3) and how ...

Matt Reed: Know your rights with debt-help companies -Tue, 07 Sep 2010

Cheers to new consumer rights, especially those meant to protect our newly jobless or underemployed friends struggling with debt.

Israeli Debt Sales Increase to 3-Year High on Tumbling Yields -Tue, 07 Sep 2010

Israeli companies from Gazit Globe Ltd. to Israel Corp. are on pace to raise the most financing through local debt sales in three years after borrowing costs sank and the government scaled back offerings.

Debt burden of those on JSA -Mon, 06 Sep 2010

Figures released the Consumer Credit Counselling Service (CCCS), have revealed that huge numbers of people claiming Jobseeker's Allowance (JSA) owe thousands of pounds in unsecured debt that they have no chance of repaying.

Senior Recoveries Credit Controller -Mon, 06 Sep 2010

Senior Debt Recovery Controller A consumer finance company based in Central London are looking for a Senior Recoveries Controller to join their Debt Recovery team.

Household debt falling, Kiwis managing debt better -Mon, 06 Sep 2010

Household borrowing is falling faster than new investment in housing, suggesting New Zealanders are starting to get on top of rising debt levels for the first time in a decade, according to Treasury analysis released yesterday

Welfare debt stands at £15k a person -Mon, 06 Sep 2010

Coalition cuts could force huge numbers of people into a "lifetime of debt," a leading advice charity has warned after a study showed people on benefits now owe an average of £15,412 in unsecured debt each.

15. Consumer banking will continue to be an important revenue generator of banks -Sun, 05 Sep 2010

PETALING JAYA: Consumer banking will continue to be an important revenue generator for banks with home loans being one of the major areas of focus amid the prevailing relatively low interest rates.

New rules protect consumers from debt-relief scams -Sun, 05 Sep 2010

Consumers will be protected from debt-settlement companies that charge hefty upfront fees and make questionable claims, thanks to new government rules that take full effect in late October.

Police warn of debt, IRS collection scam -Mon, 06 Sep 2010

MICHIGAN CITY ? The Michigan City Police Department would like to warn residents of a widespread scam that involves bogus debt collectors who have an alarming amount of personal information about their potential victims. This scam is putting residents at high risk of identity theft and significant financial losses.