Brisbane-based Credit Reboot has developed and rolled out a software that allows consumers and small businesses to renegotiate their debts ahead of the deadline of their repayment holidays by the end of this month. The software enables borrowers to write off 50% to 90% of their debt by identifying lending breaches by the credit providers.…
DetailsSpecialty finance firm Greensill Capital headed toward a rapid unraveling after Credit Suisse Group AG suspended $10 billion of investment funds that fueled the SoftBank Group Corp. -backed startup. With a key source of financing frozen, Greensill has appointed Grant Thornton to guide it through a possible restructuring, and it could file for insolvency, the…
DetailsThe dramatic developments cap almost three years of trouble for Greensill Capital, a startup lender aiming to disrupt a niche part of global finance. Greensill-linked financings played a role in the demise of a former star bond manager at GAM Holding AG in 2018. Last year, Germanys banking regulator BaFin pressured the financiers lender to…
DetailsRaut said there is a need to restructure the UPA, and the new alliance should be led by a leader like Sharad Pawar as many regional parties are not ready to work under the leadership of the Congress TopicsSanjay Raut|UPA|Sharad Pawar Shiv Sena leader Sanjay Raut on Sunday said there is a need to restructure…
DetailsGambling and movies have always made a good combination. There are tons of movies that have gambling in them and there are even some casino games popularized by movies. Gambling also makes a good basis for a movie and there are plenty of films that have been made about gambling. Here are 10 of the…
DetailsCatholic social justice organizations have again sought debt cancellation and financial support for underdeveloped nations to face the Covid-19 crisis. The global Catholic network for development and solidarity, also known as CIDSE, urged the leading nations to face the health crisis with cooperation and solidarity. In a statement ahead of the virtual G-20 Finance Ministers…
DetailsMillions of people nationwide are struggling to keep up with their bills. If you’re one of them, you may be considering making partial payments, thinking that some money is better than none, even if its less than the minimum due. While partial payments can help reduce the interest that accrues on your debt, lenders typically…
DetailsImportant Important: InCharge Debt Solutions is not one of our top-rated life debt relief companies. You can review our list of the best debt relief companies for what we think are better options. Where many debt relief companies help clients out of debt using a process known as debt settlement, InCharge Debt Solutions takes a…
DetailsIf you are overwhelmed by your debts, youre not alone. The average American has more than $90,000 in debt, including credit cards, student loans, and personal loans.If you’re struggling to pay off your balances, one option is to work with a nonprofit credit counseling agency and enroll in a debt management plan. With this approach,…
DetailsThe Supreme Court Monday held the cheque bounce cases can neither be instituted nor be continued against companies which are facing insolvency proceedings and are protected under a provision of Insolvency and Bankruptcy Code (IBC) putting a moratorium on legal proceedings against them. The top court, however, did not extend the benefit of moratorium on…
Details