Lendela Integrates Revive Financial Solutions to Offer Tailored Debt Solutions to Australians

Lendela, an Australia-based loan matching platform, is partnering with debt relief and management firm Revive Financial, in a move to empower Australians who struggle to secure loans due to financial distress.  By integrating debt management solutions from Revive Financial into its loan matching ecosystem, Lendela aims to offer consumers in Australia tailored debt solutions to…

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Bankruptcy dips as personal insolvency solutions surge, data reveals

Personal insolvency agreements are gaining traction as an effective debt management solution as businesses continue tackling economic hurdles. New research has revealed that personal insolvency agreements (PIAs), or Part X agreements, are surging in popularity over bankruptcies to effectively negotiate legacy debts. Based on statistics from the Australian Financial Security Authority (AFSA), PIA numbers had…