Global South Countries Need a New Legal Framework for Debt Relief By Ramya Vijaya Pooja Rangaprasad Global South countries currently seek debt relief at forums like the IMF and G20, where wealthy nations interests dominate the conversation. Low-income economies need a forum where they can collaborate to solve urgent problems rather than begging for relief.…
NAIROBI, July 31, 2023 Somalia’s efforts toward building strong institutions received a boost with a new $75 million grant, the second in a series of two grants that is helping the country make progress on its path to qualify for full and irrevocable debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative. In a…
If you’re struggling with mounting debt and high-interest rates, a debt management plan may help you regain control of your finances. A debt management plan (DMP) is a repayment strategy offered by credit counseling agencies that usually involves budgeting, consolidating debts and negotiating with creditors. It can help you pay less in interest charges, avoid…
Managing personal finances can often be overwhelming, especially when faced with mounting debts and financial obligations. In such situations, seeking the right solution to ease the burden and regain control of your finances is a logical step. The commonly considered options are debt consolidation and debt review. Denise Hartley, COO at FNB Collections, said, While…
Millions of families are borrowing to cover basic bills and expenses, according to analysis that warns Britain is entering a dangerous new phase of the cost of living crisis. Interest rates are expected to rise again this week and there are warnings about a timebomb of debt among poorer households. Reports suggest companies are targeting…
Key takeaways If you are overwhelmed by debt and can’t handle it on your own, you could approach a professional debt management company for help A nonprofit debt management company can, for a fee, help you consolidate your debt and negotiate a lower monthly payment, or lower interest rates, among other approaches There could be…
Getting a small business debt consolidation loan can streamline your monthly payments and potentially improve your cash flow if your small business has several debts. In this article, youll learn about how to get a small business debt consolidation loan and the pros and cons of debt consolidation. Well also show you other debt-relief options…
SuperFi, a debt prevention platform, has announced a 900k pre-seed funding round to support people during the cost of living crisis. The round was led by UK seed fund Ascension and its impact fund, Fair By Design, and includes Force Over Mass, and a number of other prominent investors. Founded in 2021, the London-based fintech…
Credit Card Consolidation: A Foundational Technique for Credit Card Debt, Debt Forgiveness Credit Card, and Bad Credit Relief Find The Right Debt Relief Services In This Article Today: GreenDayOnline: Help With Consolidation Loans and Credit Card Debt Relief CutMyDebt: Provides Consolidation Loans and Credit Card Debt Relief Program Options Debt Relief Accredited Debt Relief: Reliable…
Jul 25, 2023, 9:33pmUpdated 7h ago By: News 12 Staff If you find yourself struggling with debt and lower credit scores, youre not the only one. Right now, Americans hold an estimated $17 trillion in debt, which had led to the popularization of so-called debt consolidation companies. But in this Turn To Tara investigation, News…