Category Archives: Debt Help

Virtusa and Quality Clouds Forge Strategic Partnership to Enhance Tech Debt Management – PR Newswire

SOUTHBOROUGH, Mass., July 9, 2024 /PRNewswire/ — Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions, today announced a strategic partnership with Quality Clouds, a premier provider of SaaS governance solutions for Salesforce and ServiceNow platforms. This collaboration is set to revolutionize how Virtusa’s clients approach and manage technical debt, ensuring…

What is a debt relief order? – BBC

Colletta Smith breaks down what a debt relief order is and if it’s the right choice for you. She gives her top tips on how to fend off debt, from applying for breathing space to shield you from new charges for two months, and the best way to find a debt advisor to help you.…

The IMF is failing countries like Kenya: why, and what can be done about it – The Conversation

The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy. To be sure, the IMF is not the only cause of Kenyas…

Does credit card debt forgiveness really work? Experts weigh in – CBS News

Credit card debt forgiveness can be a good strategy in some cases, but not all, experts say.  Getty Images If you’re struggling to keep up with your credit card payments, you may be looking into your debt relief options. And, one popular option  credit card debt forgiveness, also known as credit card debt settlement may…

3 ways to settle your debt without hurting your credit score – CBS News

These expert-driven strategies can help you get rid of your credit card debt without damaging your credit score. Getty Images Recent data shows that credit card balances (and delinquencies) have been rising steadily for the last three years. And, the reasons are simple: With high inflation and soaring rates on loans and mortgages, many consumers…

Are There Free Government Debt Relief Programs? – Investopedia

Unfortunately, the government doesnt offer any debt relief programs for unsecured debts aside from bankruptcy. You may not be out of luck, thoughfree government debt relief programs do exist for specific types of debt like federal student loans, and you can find even more options for support in the form of grants and low-cost loans.…

4 best ways to qualify for credit card debt forgiveness – CBS News

There are a few ways to qualify for credit card debt forgiveness if you’re unable to pay off what you owe. Getty Images/iStockphoto Between average credit card interest rates hovering near 22% and the relentless pressure of compounding interest many cardholders are watching their balances grow at an alarming rate right now. Add to this…

Extreme heatwaves highlight climate injustice while western countries fail to act here's how governments can help – The Conversation

Average global air temperatures breached 1.5C for the first time at the start of 2024 at least five years earlier than predicted. So, while developing countries burn, global climate injustice persists. No high-emitting country has complied with the 1.5C target set by the Paris agreement. Governments in the UK and Scotland are exacerbating the crisis…

Reduction of Somali health budget after 2023 debt relief a betrayal – Amnesty International

By David Ngira Somalias healthcare sector is ailing. This is despite the country receiving USD 4.5 Billion debt relief from IMF and the World Bank  last year which moved the countrys debt to GDP ratio from 64% to 6%. The relief followed protracted negotiations under the Highly indebted Poor Countries Initiative. The countrys investment in…

Flexys and Tuum partner to help banks improve debt collection – IBS Intelligence

By Gloria Methri Today Core Banking Modernization Debt Collection Software Debt Management Platform Debt management software company Flexys has partnered with Tuum, an innovative core banking provider in Europe. By integrating their platforms, the partnership allows banks to modernise debt collection with a real-time, customer-friendly approach. For banks, the economic landscape of rising consumer debt…