Banks are accelerating debt recovery and asset liquidation to contain bad loans and bolster profits as net interest margins ...

Aiming to make money from the nation's growing bad debt, China Renaissance Holdings Ltd. (1911.HK) is among those trying their luck in a new role as bill collectors. But bad debt recovery is no easy ...

Running a business involves risk, but unpaid invoices shouldn’t be the gamble that sinks your ship. Bad debt—money owed to ...

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The more debt you have – particularly bad debt – the more likely you are to fall victim to the vicious debt cycle. You may need to take out more high-interest debt to repay your existing debts. Plus, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...

The Managing Director of LivingTrust Mortgage Bank Plc, Dr. Adekunle Adewole, has canvassed a synergistic relationship between banks and the police to ensure a more effective and less rancorous ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

Many people work hard to get out of a financial slump. They recover from crippling debt, manage to put some money aside and are able to finally breathe when it comes to finances. According to experts, ...

In the realm of personal finance, not all debt is created equal. The concept of good debt versus bad debt is pivotal in ...

Since the start of 2023, Nevada has written off more than $106 million in bad debt, money that state officials have determined is impossible or impractical to collect ...