Former Treasury Secretary Lawrence Summers says the Federal Reserve may need to get involved in fiscal policy and weigh in on the US government’s $33.5 debt mountain because of its implications for interest rates. Summers, a Harvard University professor and paid contributor to Bloomberg TV, speaks on “Wall Street Week” with David Westin.

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Our professionally certified credit counsellors will listen without judgement, and provide support and understanding.

We will review your complete financial situation and help you get relief from debt so you can live comfortably and save for the future.

Credit Canada is not-for-profit charity that has been helping people get out of debt and lead financially healthy lives since 1966.

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if you can’t get a debt consolidation loan, your options are limited to debt settlement, bankruptcy or consumer proposal and credit counselling. Check out the video to learn more about all these options

When you’re put under debt review, you can’t incur more credit or debt until you get your clearance certificate. The NCA will also protect you from the constant hounding creditors usually do to underpaying customers.
There’s no other way to remove debt review from the ITC records than to satisfy the requirements of the program. Once a court order has been signed and you’re officially under debt review, the only way you can make an early exit is to satisfy all the criteria to obtain a clearance certificate.

According to a recent court order regarding an early exit from a debt review program, you can’t simply exit from the debt review process using your improved financial situation as an excuse. Even if your finances are more stable, you must complete the debt review process and just pay extra to exit earlier and satisfy the stipulated requirements for clearance. Otherwise, if you still haven’t removed your over-indebtedness, there’s no way you can exit the debt review program.

But in case you’re clear from over-indebtedness and your debt counsellor refuses to issue a clearance certificate

Result of Small Debt Counsellor Category at the 2020 Online Debt Review Awards Show.

For more info: www.debtreviewawards.co.za

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As America’s government hits the debt ceiling, US politics has become a multi-trillion dollar game of chicken. If neither side backs down, America could default on its debts for the first time in history, sparking global economic turmoil. What is the debt ceiling, and how can this crisis be resolved?

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To read more of our covering on the US economy: https://econ.st/3pyttGT

There is no easy escape from America’s debt-ceiling mess: https://econ.st/3I3Cyh5

Investors brace for a painful crash into America’s debt-ceiling: https://econ.st/3VZueon

What is the debt ceiling?: https://econ.st/3pytIlh

America faces a debt nightmare: https://econ.st/3BkzDx0

Republicans are right that federal budgeting is a joke: https://econ.st/3HZ0Hp2