Current News Articles-
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 ...
Sorting Out Debt-Relief Promises -Sat, 04 Sep 2010
Consumers will be protected from debt-relief companies that charge hefty upfront fees and make questionable claims, thanks to new government rules that take full effect in late October.
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.
Debt rejig: A breather for airlines -Mon, 06 Sep 2010
More than Rs 60,000 crore of debt and no scope for any dramatic improvement in the situation was the quandary Indian airlines were facing when they frantically looked out for a bailout.
Christchurch earthquake victims offered financial relief -Mon, 06 Sep 2010
New Zealand's major banks have unveiled a raft of relief packages to ease some of the financial burden on Cantabrians following Saturday's massive earthquake.Loan repayment holidays, access to temporary overdraft limits and waiving...
New rules restrict credit counselors -Tue, 07 Sep 2010
The North Platte Telegraph We've all seen the ads, we've received the phone calls. Buried in credit card debt? Want to settle what you owe for pennies on the dollar? Falling for the pitch of companies who promise to help you pay off your debt can cost hundreds of dollars and leave consumers facing the same amount of debt. It's called "front loading," and the Federal Trade Commission is going to ...
The best investment these days is refinancing your debt -Mon, 06 Sep 2010
The stock market is up and down, giving back gains as fast as it makes them; real estate values are in the tank; Treasury bond yields are meager at best and interest rates on bank deposits are floating somewhere between squat and zilch. So what's your best investment? Try refinancing your debt.
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