Articles
Finally and as expected, Parliament is to be dissolved, (not literally of course although that could be fun!), and the election date is May 6.
New debt management plan to help struggling borrowers pay off debt in US.
Ten largest U.S. based credit card issuers have introduced a new debt management plan (DMP) for assisting consumers facing extreme financial hardship to pay off debt. The credit card companies have agreed to the Call to Action issued by the National Foundation for Credit Counseling (NFCC) because of rising defaults and charge offs. The Call to Action DMP offers lower rate of interest to debtors as compared to a regular DMP. It also encourages consumers to set aside funds to tackle emergencies so that they do not fall back into debt again.
A former bank worker and her ex-husband have both been handed jail sentences after being found guilty of a huge mortgage fraud.
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