Tag #Debt Relief

Showing 61 to 72 of 108 results

kathimerini.gr
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Greece Suspends Criminal Prosecutions for Citizens with Regulated Public Debt

The Greek government will suspend criminal prosecutions for individuals with public debt who have payment arrangements; prosecution is suspended during the plan and eliminated upon full repayment, aiming to help citizens and improve debt collection.

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40% Bias Score

Reduced Inequality
kathimerini.gr
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Greece Mandates IRIS Payments, Expands Debt Restructuring

Greece mandates nationwide IRIS payment system adoption by November 1st, alongside significantly expanding debt restructuring eligibility to include the middle class, impacting millions and potentially resolving €21 billion in debts.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spain's Public Debt Falls, but Regional Disparities Remain

Spain's public debt fell to 101.8% of GDP in 2024, a 3.3% decrease year-on-year, due to economic strength and EU aid; however, regional debt varies significantly, with Valencia at 40.7% and Murcia at 31.5%, exceeding fiscal targets despite overall improvement.

Progress

44% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Record Credit Card Debt and Debt Forgiveness Solutions in the U.S.

Record U.S. credit card debt hit \$1.21 trillion in 2024 due to inflation and high living costs, leading to rising delinquencies; debt forgiveness programs offer potential relief, reducing a \$10,000 debt by 30-50%.

Progress

52% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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Fed Holds Rates Steady, But Record-High Credit Card Interest Persists

The Federal Reserve's March 18-19 decision to keep interest rates unchanged provides no relief to consumers facing record-high average credit card interest rates of 22.80%, necessitating proactive debt management strategies.

Progress

44% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Debt Management Programs: Benefits, Risks, and How They Work

Debt management programs, offered through credit counseling agencies, consolidate debts into a single monthly payment with reduced interest rates and fees, lasting three to five years, requiring consistent payments to avoid losing negotiated benefits; however, closing credit accounts may temporarily...

Progress

36% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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Debt Forgiveness Programs: Debunking Myths and Assessing Real-World Impacts

Debt forgiveness programs reduce unsecured debt by an average of 30-50%, impacting credit scores temporarily, but not permanently, and are not scams if used with accredited companies; however, eligibility requires a minimum debt of $5,000-$10,000 and demonstrable financial hardship.

Progress

32% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Consequences of Unsecured Loan Default and Available Debt Relief Options

Defaulting on an unsecured loan leads to late fees, credit score damage, collection calls, potential lawsuits, and impacts future credit and employment; however, debt consolidation, forgiveness, management, or bankruptcy offer potential solutions.

Progress

56% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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Record High US Credit Card Debt Amid Inflation and High Interest Rates

US credit card debt reached a record $1.21 trillion in late 2024, with rising delinquencies reflecting consumer struggles amid persistent inflation and unchanged interest rates, necessitating effective debt management strategies.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Fed Holds Rates, Leaves Borrowers Seeking Debt Relief

The Federal Reserve's decision to hold interest rates steady this week dashed hopes for a rate cut, leaving borrowers with high-interest debt to seek alternative solutions like credit card debt forgiveness, debt management programs, or debt consolidation loans, each with varying long-term credit sco...

Progress

44% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Fed Holds Rates Steady, But High Credit Card Interest Persists

The Federal Reserve held interest rates steady on March 18-19, leaving record-high average credit card interest rates (22.80%) unchanged, causing continued financial strain on consumers carrying large balances.

Progress

56% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Bankruptcy's Impact on Credit Card Debt: Discharge Conditions and Alternatives

Chapter 7 bankruptcy typically eliminates unsecured debts like credit cards; Chapter 13 involves a repayment plan; however, fraudulent activity or abuse of credit may prevent discharge, and bankruptcy impacts credit reports for 7-10 years.

Progress

44% Bias Score

Reduced Inequality

Showing 61 to 72 of 108 results