Rather than demanding a complete debt write-off, the state may find a more practical solution in requesting a partial waiver or long-term restructuring of its staggering Rs 1 lakh crore debt.

The technology is designed to produce bespoke monthly payment plans that lower-income consumers can afford, increasing the prospect of fully collecting their debt. Few companies focus on ...

That has already left a record level of debt swashing through the US system. Meanwhile, prices across the economy are likely to rise further. President Donald Trump launched tariffs on ...

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special ...

Xi Jinping is using his latest visit as a platform to promote China as a stable and reliable trade partner amid growing uncertainty from Washington but herein lies the trap that countries have ...

Pakistan suffers greatly from financial exclusion. The total individual lending by all providers, including commercial banks, microfinance banks, and non-bank financial institutions (NBFIs), is ...

due to the government being caught in a deep debt trap. He pointed out that ministers had admitted to paying Rs.84,000 crore annually —Rs.7,000 crore every month—towards debt servicing.

Undue Medical Debt acquired $30 billion in medical debt belonging to 20 million people from third-party debt buyer Pendrick Capital Partners. Six things to know: 1. The deal marks the largest ...

Let us examine this common pitfall, the minimum payment trap, in detail. It can force credit card users into mounting debt, leading to a loss of financial credibility, a drop in trustworthiness ...

This will help green hydrogen host countries to avoid being caught in a debt trap. Wealthier countries could sign long-term purchase agreements. This would mean that green hydrogen producers in ...

As global economic uncertainty reigns supreme, JPMorgan Chase has a warning for investors: avoid commercial real estate debt. On Tuesday, the financial institution advised investors against CRE ...

The debt trap is no longer a distant threat. It is an unfolding reality. The writer is a researcher, Mashariki Research and Policy Centre.