3 debt relief features that may surprise you

Getting out of debt may require you to take steps that feel counterintuitive on the surface. Getty Images Credit card interest rates are high. Credit card debt balances are high. And the chances of either being reduced materially anytime soon look unlikely. Even with news last week that credit card balances fell in the first…

Does debt forgiveness ruin your credit?

Debt forgiveness can provide a path to becoming debt-free, but can you pursue it without destroying your credit score? Getty Images/iStockphoto If you’re overwhelmed with the amount of debt you’ve racked up on your credit cards or by taking out personal loans, the idea of settling it for less than you owe might feel like…

Washington County moms join forces to help erase $55K in school lunch debt | Life

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed Forces PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuam

Microsoft-backed startup Builder.ai to file for insolvency

Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority, will file an insolvency case after overstating sales figures it provided investors. “The business has been unable to recover from historic challenges and past decisions that placed significant strain on its financial position,” Builder.ai said in a statement Tuesday. The…

Once worth over $1B, Microsoft-backed Builder.ai is running out of money

AI software company Builder.ai is entering insolvency proceedings, a company spokesperson confirmed to TechCrunch. The Microsoft-backed unicorn, which has raised more than $450 million in funding, rose to prominence for its AI-based platform that aimed to simplify the process of building apps and websites. According to the spokesperson, Builder.ai, also known as Engineer.ai Corporation, is…