The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the latter saying its lending dropped 1%, the Financial Times (FT) reported Tuesday. With their earnings reports released Tuesday, they joined three other top banks — Citigroup, JPMorgan Chase and Wells […]
Experts partnered with RIP Medical Debt, a medical non-profit that buys and forgives debt, found it had little effect on people’s credit scores and mental healthMedical debt is the most common form of debt in collections in the US. But forgiving that debt once it has gone to collections may provide fewer health and financial benefits than once hoped.A new study by researchers who partnered with RIP Medical Debt, a non-profit that buys and forgives medical debt, found “disappointing” results when...
As part of Embracer Group splitting into three separate companies, Asmodee Group will be saddled with repaying a €900 million debt.Read this article on TechRaptor
A Massachusetts registered sex offender was sentenced to prison for attempting to pay for sex with a minor and for possession of child pornography.
The company anticipates that there will be improvement in its payment performance during the second half of the financial year
Many creditors will be worried they may not be able to recover what is owed to them
Google, the search giant that brought in more than $73 billion in profit last year, is protesting a California bill that would require it and other platforms to pay media outlets. The company announced that it was beginning a “short-term test” that will block links to local California news sources for a “small percentage” of users in the state. The move is in response to the California Journalism Preservation Act, a bill that would require Google, Meta and other platforms to pay California...
Federal authorities announced bank fraud charges Thursday in their investigation into the gambling scandal involving the former interpreter for Dodgers star Shohei Ohtani.
The new tax lien program is expected to be released by the end of June Tenant and homeowner advocates are highlighting flaws in the city’s old tax lien sale program, as officials plan a replacement. [ more › ]
Eagle Marine Services Electrical and Refrigeration, LLC, a marine services company based in Berwick, has agreed to pay a former job applicant $45,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission
The owner of a Medford-based construction business pleaded guilty to a tax fraud scheme and making false statements about a deadly workplace accident.
As a senior manager at a pharmaceutical firm, Angela Bolt's student loans began at $34,000, but have grown to an overwhelming $528,152 over the years. In a BBC interview, she expressed her disbelief, saying, "The numbers are so real and astronomical that I can't even fathom making a payment."As of early 2023, Bolt's monthly payment was $5,698.30. She remarked, "That's basically almost what I makeThere's no way I'll be able to make payments in my life. The kind of payments they want."Despite...