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

MILAN, Feb 23 (Reuters) - Shares in Italian debt recovery company doValue DOVA.MI fell early on Friday after it reported a 19 million euro ($20.57 million) net loss for 2023, hit by a 10% drop in ...

HIGHLAND PARK, Mich. (WXYZ) — At their regular meeting earlier this week, the Great Lakes Water Authority's board of directors authorized the implementation of bad ...

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

The last few years have not been fun financially for many people. Whether it was job loss, rising inflation, high-interest rates or unexpected expenditures, your pocket has taken so many hits, it is ...

HIGHLAND PARK, Mich. (WXYZ) — The Great Lakes Water Authority (GLWA) Board of Directors voted today to eliminate bad debt recovery amounts for member partner ...

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.

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 ...

Good debt can increase your net worth and build in value over time. Bad debt is money spent on items that lose their value. Balancing good and bad debt is important to your financial wellbeing. While ...

Historic individual debts totalling £204,000, arising from housing benefit overpayments and from council tax, have been ...