When firms sell prepaid items or packages and then go bust before they are delivered, the people who bought them can find themselves paying bank instalments long after the shutters are down.
The Consumers Association of Singapore (Case) plans to help them and has urged credit providers to be as liable as retailers if credit card purchases go wrong.
The consumer watchdog met the Association of Banks in Singapore (ABS) last month to appeal to its 150-plus members – including giants like Citibank and DBS Bank – to compensate consumers in three scenarios: when a company goes bust after collecting pre- payments, when an item bought is defective, and if an item is simply...
NEW YORK (MainStreet) — Weeding through the arcane, confusing and complicated terminology used by personal finance and investing experts can be a chore.
The acronyms alone can make your head spin and make it even more difficult to get a good grasp of managing your finances. But deciphering the off-putting lexicon can help Main Street investors navigate their personal finances and even save some money down the road in interest and other ubiquitous fees.
Here are ten popular terms that we demystify.
Liquid assets are ones that you can access such as withdrawing money from a checking or savings account without paying a penalty to access it, unlike...
GDCs financial expert, Brad Huffman, is here to offer important steps for new graduates on getting started on a strong financial footing.
These are steps they should take once theyve landed that new job:
1.Emergency Fund: Get started on socking away a few months worth of expenses. This is a critical first step to make sure you have some flexibility should an unexpected cost creep up. Might be a good idea to use any graduation money to help fund this.
2. Get a Handle on your loans: Congratulations on making it through college..now you can expect to start paying student loans in the next 6-9 months. Be prepared for this and put your loan information on paper. Write down...
HARRISBURG, Pa. gt;gt; Republican senators want to end Pennsylvania#x2019;s debt-ridden pension plans for state and public school employees and require concessions from many current workers to provide immediate taxpayer savings, according to details released Wednesday.
The plan is the Senate Republican majority#x2019;s top priority this legislative session and is designed to whittle down the estimated $50 billion pension debt that they view as the state#x2019;s most pressing financial problem.
Senate Republican leaders have insisted that their plan be considered in wide-ranging negotiations with Democratic Gov. Tom Wolf over fixing state government#x2019;s...
K4, based in Charles Square and operated by the Kerith Community Church, has been told by landlords Bracknell Regeneration Partnership (BRP) to vacate its current unit by Monday, June 1, to make way for the next stage of the town centres demolition.
With only K4, Sebastian Action Trusts Bas Books and Bracknell Shopmobility as the three charity shops left in the town, staff at the shop feel the shop needs to carry on to offer something a little bit different with a worthy cause behind it.
A petition has also been launched by the shop, which has been in the town centre for three years, asking for helping in finding a new permanent home and has already garnered more than 300 signatures,...
Deal highlights of the week
Quicken Loans is a provider of home loans in the United States. It issued Ba2/BBB- rated bonds worth $1.25 billion last week. This single-tranche issue was the first ever for the company. The senior secured second-lien notes carried a coupon of 5.75%. The notes will mature on May 1, 2025.
The notes were issued at 100% of the aggregate principal amount at a yield to worst of 5.75%. Quicken Loans will use the proceeds for dividend-recapitalization purposes.
Issuances by Micron Tech and Extended Stay
Micron Technology, Inc. (MU), a semiconductor solution provider, issued bonds worth $1.0 billion last week. The Ba3/BB...
This article was originally published on Nurturing Marriage. It has been republished here with permission.
Staying in control of your finances doesnt have to be time consuming. It doesnt have to feel as dreadful as getting a cavity filled. And it certainly doesnt have to be a source of contention or stress in your marriage.
Regardless of how much money you make, these five tips can help you simplify, and regain control over, your finances.
1. Reduce the number of accounts youre juggling.
Between two people and potentially a handful of moves, its possible that youve accumulated more than a handful of bank accounts. Throw in multiple 401ks, IRAs, HSAs, 529s,...
Lending Club founder Renaud Laplanche knows full well that some ideas will catch on and others will flop.
Take the red jackets he and other Lending Club staffers wore to this years LendIt conference in New York in April. Laplanche, Lending Clubs chief executive officer, wanted his people wearing eye-catching attire so that they would stand out ? but the color was all wrong.
We thought itd be easier for you to see us and come know who we are ? which was a great idea until we realized Marriotts hotel staff is also wearing red jackets, Laplanche said in a speech kicking off the conference. So I had two people asking me for the way to the bathroom.
Laplanche acknowledged that...
Finding a way to pay for university tuition and maintenance fees can be a real struggle. With prices growing higher each year, paying your own fees as you go along can seem like an impossible task. However, there are ways in which you can help yourself get ahead and by taking one or more of these tips on board you may be able to leave university with zero debt.
Financial empowerment location will offer credit counseling and entrepreneurial training to help boost Mayor Duggan’s commitment to create opportunities for residents of the Motor City
Financial empowerment nonprofit Operation HOPE (HOPE), Fifth Third Bank, and the City of Detroit through Bank On Detroit have collaborated to open the first HOPE Inside location in Michigan. To commemorate the occasion, HOPE will host a grand opening celebration at 9:30 AM on Tuesday, April 28 at the Fifth Third Bank financial center located in the Northwest Activities Center at 18100 Meyers Road in Detroit. Mike Duggan, Mayor of Detroit, will participate in the festivities and provide a keynote...