In a study conducted by Kenya Track Research, the researchers assessed the performance of different microfinance institutions ...

Freedom Debt Relief reports credit card limits aren’t keeping pace with debt, stressing residents in Kentucky, Alabama, and ...

DEVELOPING economies, among them Kenya are turning to off-budget and complex borrowing arrangements in response to a tighter financing environment, World Bank now says.This is making it harder to ...

African countries have increasingly turned to international capital markets to meet their development financing needs.

Chula Vista, California had the second-highest credit card debt per household at an average of $20,837, which is roughly $1.8 billion for Chula Vista’s population.

ROCHESTER, N.Y. (WROC) — Rochester ranked on a list of cities with the lowest credit card debt, according to a survey from WalletHub. WalletHub analyzed 182 cities in the US and found Rochester ranked ...

The government is seeking new sources of funding after last year's countrywide protests forced it to pursue austerity measures and scrap planned tax hikes worth more than 346 billion Kenyan shillings ...

“Our mission is to help people get out of debt so they can get back into life,” Sellery said. He wants financial advisors to ...

Kenya’s only homegrown vehicle assembler, Mobius shut its plant on Monday and instead opted for voluntary liquidation. As of 2020, the company had more debt than assets to cover those debts.

Credit card debt forgiveness is possible. It’s usually partial, meaning your creditor agrees to accept less than the full amount that you owe.

Credit card companies understand that if you are really struggling to pay your bills, it may make the most sense for them to forgive some of your debt. From their perspective, it’s better for ...