Sevilla Forum on Debt launched at UNCTAD16 to tackle the entrenched debt crisis in developing countries

The forum, supported by UNCTAD and UN DESA, marks a breakthrough in efforts to help developing countries tackle debt challenges. The Sevilla Forum on Debt, led by Spain, will be a new dialogue hub on debt, bringing together all stakeholders, creditors, borrowers, international financial institutions and academia on debt sustainability, management and innovative solutions. Global…

Bloom Credit Teams Up with Suncoast Credit Union to Help Members Build Credit Without Debt

Bloom Credit, a leading financial data platform and Suncoast Credit Union today announced a new partnership to bring Bloom+ to Suncoast’s members. The innovative service allows members to report up to five recurring bill payments—like rent, utilities, and phone bills—directly from their checking accounts to the credit bureaus to build or improve their credit history…

While the government is seeking to establish a “bad bank” for debt adjustment, it has been confirmed..

Depending on the bond holder, whether to write off or not\nCAMCO, gambling debt cannot be realistically selected While the government is seeking to establish a “bad bank” for debt adjustment, it has been confirmed that it is virtually impossible to select speculative debts such as entertainment, gambling, and investment. Badbank is launched with the aim…