shoq, (edited ) to random
@shoq@mastodon.social avatar

Has anyone gotten a SMS text message from “Gold Coast Collection Bureau.” It has nothing but my phone number, but I have no debts I know of. But I am told these companies sometimes by ancient debts or alleged debts, tar your credit, and force you to pay, which doesn’t fix it anyway (for 7 years).

mckra1g,
@mckra1g@mastodon.social avatar

@shoq sounds like it could be zombie debt. Beware.

https://www.investopedia.com/terms/z/zombie-debt.asp

br00t4c, to random
@br00t4c@mastodon.social avatar

What to do if you are in debt and need help

#debt #people

https://www.bbc.co.uk/news/business-64291327

br00t4c, to random
@br00t4c@mastodon.social avatar

The Papers: 'Eternally in their debt' and 'Camilla's tears'

#debt

https://www.bbc.com/news/articles/c2xxe202zg4o

br00t4c, to random
@br00t4c@mastodon.social avatar

'Eternally in their debt' - King praises D-Day veterans at 80th commemoration

#debt

https://www.bbc.com/news/articles/c9ww7dzxxpmo

mpjgregoire, (edited ) to random
@mpjgregoire@cosocial.ca avatar

"Chrystia Freeland put out the bunting after her April 16th budget. The fiscal plan had three targets or “guideposts”: keeping the deficit below $40 billion in 2023/24; lowering the debt-to-GDP ratio in the current fiscal year, compared to last fall’s financial statement; and keeping deficits below one per cent of GDP in 2026/27."

But the Department of Finance now says the deficit was $50.9B.

https://nationalpost.com/opinion/ivison-federal-deficit-higher-than-freeland-said

#CanPol #cdnpoli #deficit #debt
#NationalPost

br00t4c, to climate
@br00t4c@mastodon.social avatar

Wealthy Nations Finally Meet $100B Climate Aid Promise, But Much More Is Needed

#climate #debt

https://truthout.org/articles/wealthy-nations-finally-meet-100b-climate-aid-promise-but-much-more-is-needed/

br00t4c, to random
@br00t4c@mastodon.social avatar

Canadians owe more than $2 trillion in mortgage-related debts, CMHC says

#debt #debts

https://www.cbc.ca/news/business/residential-mortgage-debt-cmhc-1.7218329?cmp=rss

thejapantimes, to Japan
@thejapantimes@mastodon.social avatar

Japan's education ministry will fully exempt teachers at elementary, junior high and senior high schools from repaying scholarship loans they took out during their graduate studies. https://www.japantimes.co.jp/news/2024/05/29/japan/society/teachers-scholarship-loans/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Private credit funds are trying to scoop up more of Japan’s ¥4.5 quadrillion ($28.7 trillion) of financial assets to lend globally, betting that inflation will prompt investors to channel more of that money into riskier overseas investments. https://www.japantimes.co.jp/business/2024/05/29/companies/private-credit-funds/ #business #companies #investments #yen #debt

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

Activists arrested in Capitol Hill protest urging Biden to cancel student debt and divest from military spending

#activists #debt

https://www.nationofchange.org/2024/05/23/activists-arrested-in-capitol-hill-protest-urging-biden-to-cancel-student-debt-and-divest-from-military-spending/

Nonilex, to ukteachers
@Nonilex@masto.ai avatar

#Biden admin cancels an additional $7.7B in #StudentLoans

>160k student loan borrowers are now in line to have their balances canceled, bringing the total amount of #DebtForgiveness allowed under the Biden admin’s policies to $167B, the #Education Dept announced Wed.

#BidenHarris2024 #VoteBlue #economy #finance #loans #debt
https://www.washingtonpost.com/education/2024/05/22/biden-administration-cancels-an-additional-77-billion-student-loans/

Nonilex,
@Nonilex@masto.ai avatar

With the #election months away, #POTUS #Biden is lauding his admin’s achievements in delivering loan cancellation to nearly 4.8M people through a mix of existing programs & new policies. #Republicans have remained staunchly opposed to the effort, decrying it as a waste of taxpayers’ money & patently unfair to Americans who never went to college.

#BidenHarris2024 #VoteBlue #economy #finance #loans #debt #StudentLoans #DebtForgiveness #Education

Nonilex,
@Nonilex@masto.ai avatar

“I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity,” #Biden said in a stmnt Wed. “I will never stop working to cancel student debt — no matter how many times Republican elected ofcls try to stop us.”

#BidenHarris2024 #VoteBlue #economy #finance #loans #debt #StudentLoans #DebtForgiveness #Education

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

Biden's Student Loan Forgiveness Efforts Don't Go Far Enough, the Debt Collective Says

#biden #debt

https://www.teenvogue.com/story/biden-student-loan-forgiveness-2024

br00t4c, to random
@br00t4c@mastodon.social avatar

Australian federal Labor government budget includes paltry student debt "relief"

#australian #debt

https://www.wsws.org/en/articles/2024/05/16/zpar-m16.html

jonpsp, to uk
@jonpsp@mstdn.social avatar

'For years this has been described by water companies and politicians as a problem of “Victorian” sewers.' 'In fact, modern sewers are the problem. Very little of the British sewer system – less than 1 per cent, in some areas – is Victorian, and it is not the Victorian sections that are responsible for the most spills.'

https://www.newstatesman.com/environment/2024/05/great-stink-britain-pollution-crisis-sewage-thames-water

#Sewage #UK #politics #water #Tories #Tory #Conservatives #Conservative #ThamesWater #waterways #river #rivers #environment #sewers #health

jonpsp,
@jonpsp@mstdn.social avatar

'Privatisation was a con from the start: the Thatcher government had restricted the amounts that regional water boards could borrow...'

https://www.newstatesman.com/environment/2024/05/great-stink-britain-pollution-crisis-sewage-thames-water

'The £78bn that has been distributed to shareholders since privatisation has been extracted entirely from the public. The £96bn the industry says is needed to fix the system by 2030 will also come from the public.'

#Sewage #UK #politics #water #Tories #Tory #Conservatives #Conservative #environment #debt

Nonilex, to chicago
@Nonilex@masto.ai avatar

#Trump May Owe $100 Million From #DoubleDip Tax Breaks, Audit Shows

A previously unknown focus of an #IRS audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on his #Chicago skyscraper.

#TaxFraud #fraud #law
https://www.nytimes.com/2024/05/11/us/trump-taxes-audit-chicago.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb

Nonilex,
@Nonilex@masto.ai avatar

The first write-off came on Trump’s #tax return for 2008. With sales lagging far behind projections, he claimed that his investment in the condo-hotel tower met the tax code definition of “worthless,” because his #debt on the project meant he would never see a profit. That move resulted in #Trump reporting losses as high as $651 million for the year, The Times & ProPublica found.

#law #fraud
https://www.propublica.org/article/trump-irs-audit-chicago-hotel-taxes

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

'Girl I got 10k in debt': Bank of America customer says she'll be charged a monthly fee if she doesn't have $10,000 in her checking account thanks to new rule

#bank #debt

https://www.dailydot.com/news/bank-of-america-10k-checking-balance-rule/

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to Fashion
@br00t4c@mastodon.social avatar
ChrisMayLA6, to Health
@ChrisMayLA6@zirk.us avatar

While accurate data is hard to assemble, it now looks like around 8-10% of people who are 'self-paying' for private medical treatment are borrowing the money.

As the Tory defunding strategy has pushed more people into the arms of private healthcare so their chums in financial services are also starting to garner some more business.

That desperate people are being forced into indebtedness to pay for treatment is a sad confirmation of the Tory's strategy of wrecking the NHS.

#health #debt

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