Editorial News

Democrats Can’t Count on Trump in 2024

We’re still waiting for the final results of the 2022 election. But it’s clear that Democrats decisively beat both expectations and the elections’s “fundamentals”—the incumbent party’s usual midterm losses, President Biden’s low approval rating, high inflation, voter negativity on the…

Student debt forgiveness unlikely to ‘destroy’ the loan servicing sector

MEGAN LEONHARDT, August 29, 2022 Many student loan borrowers and consumer advocates breathed a sigh of relief Wednesday that the promise of student loan forgiveness was finally becoming a reality. But for businesses trying to turn a profit on managing these…

TV stars company collapses due to unpaid debts

Victoria Mossman, July 22, 2022 Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of unpaid debts. The…

CFPB Issues Reminder on Spanish-Language Disclosures

Source: site The bureau has model disclosures, including the debt collection model validation notice, available to help regulated entities provide materials to Spanish-speaking consumers. 1 minute read The Consumer Financial Protection Bureau has issued an updated list of disclosures in Spanish,…

U.S. consumer spending rises sharply, but inflation climbs almost as fast

Source: site By Jeffry Bartash Incomes are falling after inflation is factored in The numbers: Consumer spending rose a sharp 1.1% in March, but the increase barely outpaced another surge in inflation as Americans confront the biggest price increases in 40…

Fact Check: Is Congress Exempt From Paying Off Student Loans?

Source: site The Biden administration announced changes on April 19, 2022 that would result in immediate student debt relief to some 40,000 borrowers. The Public Service Forgiveness Program eliminates the debts of government and non-profit organizations’ workers, who have accrued at…

California Eyes $632 Million Plan to Help Students Attend State Colleges Debt Free

Source: site California is on track to remove any reason for its public university students to take out student loans. Known as Middle Class Scholarship 2.0, the “debt-free” program is slated to receive its first infusion of money this summer: a…

Kamila Kruszelnicka Joins Columbia Corporation as Senior Financial Director, Bringing Over Two Decades of Expertise

Columbia Corporation proudly welcomes Kamila Kruszelnicka as its new Senior Financial Director, marking a strategic addition to its executive team. With an impressive career spanning over 20 years, Kamila brings a wealth of financial expertise and leadership, positioning her as…