By Chris Tobias | Editorial Credit: shutterstock.com In a significant legal development, the Supreme Court temporarily halted President Biden’s latest effort to forgive tens, and possibly hundreds, of billions of dollars in student debt. This move has sparked widespread debate, as it follows the Court’s rejection of a more extensive plan last year that aimed […]
Originally published on 311bankruptcy.com. By Janet Howard Medical debt is a pressing issue affecting millions of Americans. For instance, a recent study found that although over 90% of Americans have some form of health insurance, out-of-network costs, high deductibles, and unexpected bills can lead to medical debt affecting insured and uninsured adults, experts said.. The repercussions of this debt extend […]
By Kim Nauer | Center for New York City Affairs Urban Matters: Kim, it’s been a memorably bad year in the world of college financial aid. The US Department of Education had promised a “Better FAFSA,” a new and streamlined Free Application for Federal Student Aid that would be quick to fill out and boost […]
Editorial credit: Tada Images / Shutterstock.com By Center for Health Journalism A new federal rule to keep medical debt off of credit reports should benefit women, African Americans and people with disabilities who disproportionately suffer credit hits from unpaid medical bills, reports Darreonna Davis at The 19th. The proposed rule from the Consumer Financial Protection Bureau […]
The Government of St Kitts and Nevis is moving ahead with the establishment and operationalization of its Continuing International Due Diligence (CIDD) Unit, a move that underscores efforts towards strengthening the Citizenship by Investment (CBI) Program and protecting the country’s reputation internationally. The new CIDD unit will be headed by former Commissioner of the Royal […]
Originally published on 311bankruptcy.com. When faced with overwhelming bills due to life events like divorce, illness, or unemployment, bankruptcy can be a beacon of hope, serving as a financial lifeline. By eliminating qualifying debts such as credit card balances, overdue utility bills, and personal loans, bankruptcy offers individuals a fresh start, a chance to rebuild […]
Originally published on 311bankruptcy.com. Understanding the differences between secured and unsecured credit cards is crucial when navigating the world of credit. With a multitude of options available, it’s easy to feel overwhelmed. However, by grasping the nuances of these two types of cards, you can make an informed decision that aligns with your financial goals and current […]
Pennelope Beckles-Robinson. Photo courtesy: CARICOM By CARICOM Climate change, threats to biodiversity, economic uncertainty due to external shocks, and limited institutional and financial capacity, are the key concerns of Ministers with responsibility for the Environment of the Caribbean Community. The concerns were highlighted during the 112th Special Meeting of the Council for Trade and Economic […]
Preparations for the 2024/25 Budget are well underway. Prime Minister and Minister for Finance Hon, Philip J. Pierre, has begun holding consultations with department heads, permanent secretaries and the senior leadership of the various government agencies and ministries. The consultations allow the Prime Minister to get input on a range of issues, including economic trends, […]
In a move towards modernizing and enhancing financial protection, Belize has introduced a New Insurance Act, which came into effect on October 1, 2023. This landmark legislation replaces the previous Insurance Act and the International Insurance Act. The New Insurance Act represents an important moment in Belize’s regulatory framework for insurance, merging the Insurance Act […]