Read more at The Guardian.
‘They are ruining my life’: how the shadowy world of debt collection can wreck your finances
A stranger’s bill can be passed, in your name, down a chain of companies until it reaches the courts without you knowing anything about it. The result can be catastrophic
James Barnett and his partner were preparing to buy their first property together. On the advice of their mortgage broker, Barnett checked his credit record before applying for a loan. That’s when he discovered a county court judgment (CCJ) had been filed against him for a debt he knew nothing about.
“The case concerned an unpaid Thames Water bill for an address I had never lived at,” he says. “This catastrophic mistake has wrecked my credit score, cost me the property purchase I have been saving my whole adult life for, and left me financially paralysed.”
Continue reading...Date: |
-
Business - CNBC
China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.4 hours ago - China -
Business - MarketWatch
‘He views me as an outsider’: My partner has cognitive decline. He made $750,000 in unnecessary expenses. How can I stop him from wiping us out?
“Some of these expenditures were along the lines of ‘Guess what I bought today?’ bad surprises.”1 hour ago -
Business - CNBC
Op-ed: Here's how to incentivize your kid to start investing for retirement
Incentivizing your child to save is about making saving rewarding and fun. These strategies can help your child develop strong financial habits.20 hours ago -
World - The Guardian
How to look after your mental health if you have family in the Middle East | Nicholas Procter and Mary Anne Kenny for the Conversation
Escalating violence in Lebanon and Gaza is deeply distressing for diaspora communities in Australia. Strengthening your support networks is the first step in managing the trauma. Escalating ...8 hours ago -
World - The Guardian
In the Netherlands, we’re closing our emptying prisons. What can other countries learn from how we did it? | Renate van der Zee
The Dutch prison population has fallen by more than 40% – and awareness of the harms of harsh sentencing could explain why. Yesterday, I went to the cinema in the Dome prison in Haarlem. This ...5 hours ago -
Tech - ABC News
PHOTO COLLECTION: Science SpaceX Starship Launch
This is a collection of photos chosen by AP photo editors.7 hours ago - SpaceX -
Business - Financial Times
Efune enters exclusive talks over Telegraph deal
New York Sun owner expected to sign six-week exclusivity agreement this week41 minutes ago -
Lifestyle - The New York Times
Modern Love Essayists Write Letters to Their Younger Selves
We asked essayists to write a letter to the person they were when they published their Modern Love essay. Here’s what they shared.2 days ago
More from The Guardian
-
World - The Guardian
Middle East crisis live: dozens injured in strike on Gaza hospital tent camp; Hezbollah drone attack kills four IDF soldiers
The Israeli airstrike on a courtyard in the Gaza strip sent flames sweeping through a packed tent camp for displaced Palestinians. More now on the Hezbollah strike on an IDF training base we ...19 minutes ago -
World - The Guardian
European audit of democracy standards too positive, says human rights watchdog
European Commission report ‘completely ineffective as an enforcement tool’, according to civil liberties organisation. The European Commission’s exhaustive annual audit of democratic standards ...6 hours ago -
World - The Guardian
Trump ground game undercut by slow internet that crashes app
Trump campaign wants to hit rural voters but slow internet limits the functionality of the Campaign Sidekick app. Donald Trump ’s campaign has limited ability to know whether their ground game ...12 minutes ago - Donald Trump -
World - The Guardian
Europa Clipper to blast off on mission to find out if Jupiter moon may hold life
$5bn Nasa mission will assess whether ice-covered moon that is thought to have twice Earth’s water is habitable. Nasa is poised to send a spacecraft to a frosty moon of Jupiter where ...4 hours ago -
World - The Guardian
China conducts military drills around Taiwan in warning to island’s president
PLA and Chinese coastguard approach Taiwan by sea and air in move linked by state media to ‘separatist’ National Day speech. Chinese military and coastguard personnel have surrounded Taiwan’s main ...24 minutes ago - China