When should you consider filing for bankruptcy?

It can be tough to determine whether you should file for bankruptcy — or whether another type of debt relief may be the better option. Getty Images Between today’s inflationary issues, the lingering high-rate landscape and the other economic hurdles that are looming, managing everyday expenses — let alone debts — has become a major…

Trapped in debt: China’s role in Laos’ economic crisis

The Lao government is seeking to manage the crisis through a range of measures. To stabilise the currency, the authorities have imposed foreign exchange controls and tightened monetary policy. Unable to raise fresh foreign capital to help meet impending debt service payments, the government has resorted to borrowing domestically, selling state assets, increasing tax revenues,…

Will my credit score go up if I settle a debt?

Before pursuing debt settlement, it’s important to understand how this type of debt relief could impact your credit score now — and over time. Getty Images/iStockphoto Getting rid of debt has become a lot harder for many Americans lately, and it’s not just because people are borrowing more (though they are doing that, too). In…

Poonawalla Fincorp implements AI to enhance debt management

Poonawalla Fincorp Limited (PFL), a non-banking finance company (NBFC) promoted by the Cyrus Poonawalla Group, on Monday, said that it has implemented an artificial intelligence (AI)-powered debt management platform to streamline its collection processes. The company, focused on Consumer & MSME Lending, said that the new technology features an autonomous engine that analyses customer interaction…

Poonawalla Fincorp Implements AI-Powered Debt Management Platform

Mumbai, April 28, 2025: – Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, focused on Consumer & MSME Lending, has announced the implementation of advanced AIpowered debt management platform to transform its debt management processes, redefining the collections journey in the lending sector. This aims to enhance efficiency across processes, strategic designs, and…

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