Latest Updates Around The World
Quick answer: The Californian DFPI warns of an increase in false debt collection fraud. Signs of a scam: They demand immediate payment, refuse to identify themselves, threaten arrest, or ask for gift cards or cryptocurrency. True collectors will send written verification within 5 days and accept normal payments such as checks. Are you receiving a […]
Quick answer: One year into Trump’s second term, the Consumer Financial Protection Bureau — the agency that returned $19.7 billion to consumers and law enforcement debt collectors — is “hanging by a thread.” Consumer complaints rose 89% in December as the agency faced massive layoffs, budget cuts and legal battles. If you’re dealing with debt […]
Quick answer: The Department of Education has postponed wage garnishments and tax refunds for the 8.8 million Americans who can no longer pay their student loans. No new start date has been announced; the reprieve will last at least until July, when new refund options will be launched. If you default, this is breathing space. […]
Quick answer: The rules for government loan forgiveness will change on July 1, 2026. Some nonprofits may be disqualified, meaning employee payments will no longer count toward forgiveness. If you are working on PSLF, check your employer status NOW and understand what is changing. The NY State Bar Association just issued a warning: changes to […]
Quick answer: Americans now have $1.21 trillion in credit card debt, but here’s what the headlines are missing: 73% of that debt comes from essentials like medical bills, car repairs and groceries. No lattes. No vacations. This is not a spending problem. It’s a math problem. New research confirms what I’ve been saying for thirty […]
Starting over with your finances can be exciting and a little scary at the same time. Maybe you’re tired of living paycheck to paycheck, stressed about bills, or wish you had more control over your money. The good news? You don’t need a perfect past to build a better financial future. One smart choice, one […]
Anuj Dayal Mathur, MD and CEO, Canara HSBC Life Insurance | Photo credit: KSL Canara HSBC Life Insurance is eyeing additional bancassurance business from HSBC, which has opened new branches in India. The life insurer – a joint venture promoted by Canara Bank and HSBC Insurance (Asia Pacific) Holdings – has two major bancassurers: Canara […]
Tiger Global and Microsoft are set to exit PhonePe entirely as the Walmart-backed digital payments giant moves closer to a blockbuster public listing. This provides a clear snapshot of how global investors are making money from bets made during India’s FinTech boom. Bengaluru-based PhonePe has filed an updated Draft Red Herring Prospectus (UDRHP) with market […]
This episode features special guest Mellody Hobson, co-CEO and president of Ariel Investments and New York Times bestselling author of Priceless facts about money discusses financial literacy, education and the underestimated potential of young people. Hobson explains that although her book is written for children, adults make up a large part of the audience. “I […]
The PA-P license will enable the company to expand its in-store payment infrastructure, supporting large-scale transactions between major retail chains and SMEs. Fintech giant Razorpay’s offline payments arm, Razorpay POS, on Thursday said it has obtained a license from the Reserve Bank of India (RBI) to act as an offline payments aggregator. With this authorization, […]
