Susan Tompor Detroit Free Press Published 7:00 AM EDT Jul 10, 2019 Get a robocall lately from Jonathon or someone else saying that your student loans have been flagged for a student loan forgiveness program? "If you owe more than $10,000 and are not currently enrolled in school, you could qualify for a reduced monthly payment and a large portion of your balance to be forgiven," one caller said. "To redeem your spot in the program, it's important that you call me quickly." Nicole Cross, 43, heard a similar pitch last year that promised student loan debt relief. But instead of saving any money, she lost $750 in fees and saw no relief when it came to owing more than $70,000 in student loans. Cross, who lives in St. Clair Shores, said she has one bit of advice for people who are stressed out about their student loan debt and end up talking with someone offering student loan forgiveness. "The minute they say $250," she said, "hang up the … [Read more...] about Student loan forgiveness scam promises to cancel debt
Government debt consolidation help
Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: Boeing Comes Under Government Scrutiny Advertisement DealBook Supported by March 18, 2019 Good Monday morning. (Was this email forwarded to you? Sign up here .) Prosecutors and regulators circle Boeing In the wake of two fatal crashes involving its 737 Max 8 airplane that shared similarities, Boeing finds itself with prosecutors and regulators inspecting its development processes and safety assessments. • A grand jury in Washington, D.C., issued a subpoena dated March 11 — the day after the Ethiopian Airlines crash — seeking documents from at least one person involved in the development of the 737 Max jets, the WSJ reports. • The Transportation Department inspector general’s office was also reportedly examining the plane’s design certification before … [Read more...] about DealBook Briefing: Boeing Comes Under Government Scrutiny
Millions of Americans get their health insurance and retirement accounts through their employers. Now some are getting help with their debt. Companies including insurer Aetna and accounting firm PwC help employees pay down student loans. Others partner with startups to offer debt solutions as an employee benefit. Among the approaches: • MedPut negotiates discounts on medical debt and offers interest-free loans that are repaid through payroll deductions.• Brightside connects workers to debt consolidation loans and student loan refinancing.• HoneyBee, PayActiv and TrueConnect, among others, provide payday advances or emergency loans so struggling workers can avoid the payday loan trap.FINANCIAL STRESS TAKES A TOLL Employers increasingly are aware that money worries can reduce productivity and increase absenteeism. More than half of the 1,600 full-time employees polled by PwC in 2017 reported feeling stressed about their finances, and human resources company Mercer … [Read more...] about Can your employer help cure your money woes?
By: John Stepek 09/02/2019 Another new podcast for you this week, with another special guest – this time Merryn talks to Anand Giridharadas, author of Winners Take All: The Elite Charade of Changing the World. Tony Blair isn’t keen on Giridharadas apparently, which may be all the recommendation many of you need.For those who need a little more persuading, he makes the case that the billionaire class who attend Davos are entrenching their own dominant positions under the guise of pretending to help out via philanthropic, self-aggrandising “world improvement” schemes. Agree or not, you’ll find the conversation stimulating (it also offers an interesting insight into how chattering-class Americans regard – and in my view, misunderstand – the whole Brexit scenario), and Merryn, as ever, doesn’t give him an entirely easy ride. And if you have any questions that you’d like Merryn and I to address, please do send them in … [Read more...] about The charts that matter: the V-shaped rally stalls
provided by Published 9:00 am CST, Wednesday, January 23, 2019 MoneyTips If you're a furloughed government employee or other worker sidelined by the shutdown – or worse, working without a paycheck – you're probably at risk of missing payments or racking up large credit card bills. How do you keep your credit score from dropping as a result? On-time payments are one of the most influential factors in your credit score, so let's start there. Hopefully, you have an emergency fund to cover short-term payments. If not, your shutdown goal is to minimize negative reports to the three major credit reporting agencies (Experian, Equifax and TransUnion). Credit scoring systems don't have any mechanism to make exceptions with missed payments, but lenders have some leeway in how missed payments related to the shutdown are reported. Avoid all delinquencies, even if you have to run larger credit balances to do so. If delinquency appears inevitable, contact all of your … [Read more...] about How To Prevent The Shutdown From Hurting Your Credit Score