When a person is having problems paying the bills and they can’t find the money to pay for them life can suddenly get very stressful. They can try to fix the problem by themselves but if they have little knowledge on how to plan out their budgets or just don’t feel they have the time [...]
When trying to woo underbanked consumers, financial institutions (FIs) must have a strategy because these consumers are a volatile group – they are cautious, demanding, and are liable to run away and never look back. They have the potential to bring substantial profitability to financial institutions, but have thus far appeared to be fickle and [...]
Bankruptcy is a legally declared state of financial disability. Many consumers consider it to be a better option as it stops all the ongoing actions against them. Usually the consumers are too depressed when they receive a lot of collection calls and notices. So their first preference is to get rid of this hassle. No [...]