Tag #Debt Relief

Showing 49 to 60 of 108 results

cbsnews.com
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High Credit Card Debt? Four Consolidation Strategies to Explore Now

Recent data shows a decline in credit card debt balances; however, high interest rates necessitate immediate action for those with high balances. Four key strategies include acting now, shopping around for lenders, determining the right approach (DIY or debt relief company), and exploring home equit...

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44% Bias Score

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cbsnews.com
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Record Credit Card Debt Spurs Demand for Debt Relief Solutions

Record-high credit card debt in the US, fueled by inflation and tariffs, is driving demand for debt relief solutions like consolidation, balance transfers, debt management plans, and debt settlement, each with varying costs, credit impacts, and eligibility.

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36% Bias Score

Reduced Inequality
abcnews.go.com
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Saudi Arabia and Qatar to Pay Syria's World Bank Debt

Saudi Arabia and Qatar will pay Syria's nearly $15 million debt to the World Bank, enabling the resumption of support for the war-torn country's reconstruction after the fall of Bashar al-Assad's government in December and the rise of a new leadership backed by the two oil-rich nations.

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36% Bias Score

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cbsnews.com
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High Interest Rates and Inflation Fuel Credit Card Debt Crisis

High credit card interest rates (averaging nearly 22%) and persistent inflation are causing widespread financial hardship, leading many to rely on credit cards for necessities, compounding debt problems, yet several expert options are available to address this.

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40% Bias Score

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theguardian.com
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DWP Reforms Carer's Allowance System

The UK's Department for Work and Pensions (DWP) announced major changes to its carer's allowance system, including investigating all suspected overpayments and raising the weekly earnings limit to £196, aiming to resolve a long-standing issue of unfair treatment and debt for claimants.

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56% Bias Score

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cbsnews.com
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Falling Inflation Offers Little Relief for Record US Credit Card Debt

March inflation fell to 2.4%, but record US credit card debt (\$1.2 trillion) and rising delinquencies indicate ongoing financial hardship for many Americans, prompting the consideration of debt forgiveness programs despite the inflation drop.

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52% Bias Score

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cbsnews.com
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High Credit Card Interest Rates Spur Debt Consolidation Strategies

US credit card debt is falling, but high interest rates persist; debt consolidation through loans, HELOCs, or home equity loans is recommended to alleviate financial burden and simplify debt management.

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52% Bias Score

Reduced Inequality
cbsnews.com
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High Credit Card Interest Rates Strain Seniors

High credit card interest rates, averaging 21.91%, are financially straining many Americans, especially seniors with limited income, leading some to explore debt forgiveness options despite associated risks.

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44% Bias Score

Reduced Inequality
t24.com.tr
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Turkey's Unemployment at 12-Year Low Amidst Social Security Reforms

Turkey's unemployment rate dropped to 8.2%, the lowest in 12 years, while the government collected 128.2 billion lira in social security payments from municipalities and uncovered 9,000 fraudulent divorces used to obtain orphan benefits.

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cbsnews.com
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Credit Card Debt Burdening Older Americans

A recent AARP survey reveals that nearly half of Americans over 50 carry credit card debt, with over half owing \$5,000 or more, often using cards for essential expenses and impacting their financial and mental health as retirement nears.

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40% Bias Score

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cbsnews.com
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Record High Credit Card Minimum Payments Signal US Financial Strain

A record 11.12% of US credit card accounts made only minimum payments in Q4 2024, exceeding the previous high and indicating widespread financial difficulty; delinquencies also reached a record high.

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40% Bias Score

No Poverty
cbsnews.com
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Debt Forgiveness: Temporary Credit Impact, Significant Debt Reduction

Debt forgiveness programs temporarily lower credit scores due to payment cessation, but the damage is reversible and the debt reduction, averaging 30-50%, often outweighs the credit impact.

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40% Bias Score

Reduced Inequality

Showing 49 to 60 of 108 results