Consumer and business insolvencies rising under weight of higher interest rates

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 99%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Office of the Superintendent of Bankruptcy says both consumer and business insolvencies rose significantly in the second quarter amid heightened interest rates.

Personal finance contributor Christopher Liew explains how credit scores work, what a good score looks like, and offers some practical tips to help you improve your score.After losing a parent or both parents, the last thing most children want to hear is that they have to take on debts owed by their parents. While this doesn’t happen often, it’s a very real possibility, especially if the parents don’t take proper measures to keep assets safe from creditors.

But the technology may have a way to go before it can serve as a trustworthy financial management tool, writes columnist Christopher Liew.It can be hard to deny that AI tools such as ChatGPT have plenty of creative and practical uses. But the technology may have just as much potential for harm as it does for progress, writes columnist Christopher Liew. Here are some of the ways AI can be used for scams, fraud, and other malicious activity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Consumer and business insolvencies rising under weight of higher interest rates - BNN BloombergThe Office of the Superintendent of Bankruptcy says both consumer and business insolvencies rose significantly in the second quarter amid heightened interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »