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Ankit tech Is A YouTube Channel Where You Will Find Finance Videos In Hindi, New Video Is Posted Everyday.]

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South African Airways (SAA) has successfully emerged as a debt-free entity, marking a significant turnaround for the national carrier. However, during a recent session with Parliament’s Standing Committee on Public Accounts (Scopa), it was highlighted that SAA now requires a capital injection to regain its former stature within the aviation industry. This funding is essential for progressing plans that have been stalled due to the anticipated R3 billion investment from the Takatso Consortium. As discussions continue regarding potential partnerships and loan options, SAA’s leadership underscores the urgency of securing an equity partner to enhance competitiveness and drive growth in both regional and international markets.

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After 3 plus years Student Loan payments are resuming. The $1.7 trillion in student loan debt will cause those who owe this debt to cut back on spending. This will further slow down the economy. But if you or someone you know has student loan debt there are some things you need to do right now in order to tackle this debt and knock it out as soon as possible. So much for Student Loan forgiveness.

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The Biden administration is launching a beta website for its new income-driven student loan repayment plan Sunday. https://abc7chicago.com/biden-student-debt-loan-repayment-plans-income-driven/13573949/

There are a lot of misconceptions about what the Debt Repayment Scheme (DRS) is. For one, it is NOT a scheme that you can simply “apply” for when you cannot pay your creditors. It is “pre-bankruptcy scheme which is administered by the Official Assignee (OA) under the Bankruptcy Act (Chapter 20)”.

To put it simply, when you are sued for bankruptcy (or self-file to be a bankrupt), the OA checks your eligibility and assesses your suitability before placing you on the Scheme.

Language: English
Presented by Credit Counselling Singapore.

________________________________
Visit Credit Counselling Singapore – https://www.ccs.org.sg

Information on the Debt Repayment Scheme – https://io.mlaw.gov.sg/debt-repayment-scheme/about-debt-repayment-scheme/

Take our Online Debt Management Course – https://www.ccs.org.sg/get-help/odmc/

Address a Debt Problem – https://www.ccs.org.sg/debt-management/

Arrange for Financial Counselling – https://www.ccs.org.sg/get-help/appointment-documents/

Download Counselling Request Package – https://www.ccs.org.sg/sdm_downloads/crf/