Delays in developing an enhanced framework for sovereign debt restructuring are preventing distressed countries from ensuring sustainable sovereign debt stocks and regaining access to international capital markets, leaving their sovereign credit ratings in default or near a default grade for longer periods. This adds to the human costs of default, contributing to risk of a…
Haiti The security situation in Haiti is appalling, said UN Secretary-General Antnio Guterres, recalling his recent visit to the fragile nation. He called for swift action at a time when the humanitarian needs are soaring. And although there is not yet the political solution in sight, the UN chief expressed hope and optimism. It is…
CONYERS, Ga., July 5, 2023 /PRNewswire/ — Over the last decade, Black-owned fintech company Novae has won numerous awards for customer experience, rapid growth, and innovation in the direct sales and finance space. Now they have a new offering: a program to help consumers get out of debt by obtaining partial debt forgiveness and more…
CONYERS, Ga., July 5, 2023 /PRNewswire/ — Over the last decade, Black-owned fintech company Novae has won numerous awards for customer experience, rapid growth, and innovation in the direct sales and finance space. Now they have a new offering: a program to help consumers get out of debt by obtaining partial debt forgiveness and more…
Financial freedom is important for everyone. Yet, getting there possibly is one of the most challenging endeavors in life. In this article we explore several services provided by debt relief companies, to better understand not only their role, but other issues related to debt relief as a whole. This is important as debt is a…
Credit counsellors provide credit counselling to help consumers with financial problems, from budgeting, insolvency, and property purchases to debt management. Given the weight, credit counselling is as important as financial literacy as it prepares you for future financial distress. Understanding how credit counselling works and becoming financially literate is paramount in debt management. This post…
THE finance ministrys new three-year, medium-term debt management strategy aimed at raising long tenor foreign official and commercial loans and securing debt relief from commercial creditors is a tad optimistic, despite the agreement with the IMF on a $3bn short-term facility. The plan seeks to meet Pakistans external financing needs through long tenor bonds and…
Haiti The security situation in Haiti is appalling, said UN Secretary-General Antnio Guterres, recalling his recent visit to the fragile nation. He called for swift action at a time when the humanitarian needs are soaring. And although there is not yet the political solution in sight, the UN chief expressed hope and optimism. It is…
President Joe Biden announced in 2022 that he would use executive action to forgive billions of dollars in government-backed student debt. The move was meant to alleviate the weight of $1.8 trillion in federal education debt, a figure that has more than tripled in the last 15 years. But then the Supreme Court struck down…
By Delisha Fernandes Today AI Algorithms AI Solutions Credit Card Debt management has become a significant concern for individuals and companies in the USA. Whether its credit card debt, or mortgages, managing and reducing debt can be a complex and overwhelming. Fortunately, the emergence of generative Artificial Intelligence (AI) companies has offered a new wave…