Post-Write-Off Follow-Up Remains Insufficient
Tracking Life After Debt Is Essential
The Core of Inclusive Finance Lies in Building a Recovery Support System
Writing off old delinquent debts is an important inclusive finance policy that offers people on the brink a chance to get back on their feet. However, simply eliminating debt does not mean that a person’s life will immediately recover. What truly matters is how we support and help individuals return to healthy daily routines and financial stability after their debts are erased.
Currently, our system has a basic framework in place for debt restructuring and comprehensive support, but post-management…