Banks report borrowers’ late payments as overdue or delinquent to credit bureaus like Equifax, Experian, and TransUnion. However, it is the collection  agency purchasing the debts from the banks that report them to the bureaus as unpaid or collection accounts when borrowers fail to pay. These reports significantly damage borrowers’ credit scores as they indicate

Haiti’s abundance of political parties yields a fragmented parliament where no party has ever secured a majority. This leads to frequent gridlocks and legislative standstills that dilute presidential influence to pass laws effectively and hampers effective governance.  Political parties lack representation nationwide due to their weak organizational structure and ineffective outreach strategies to engage the

Haiti’s reliance on imported rice, particularly from the United States, has been a significant factor in the decline of the country’s national rice production. Imported rice is more affordable for consumers, which has reduced demand for locally produced rice, weakening the agricultural sector and stifling the growth of local industries. To address the decline of

The Multinational Security Support (MSS) has been intensifying its operations in Haiti. They claimed to have recaptured the country’s international airport, the General Hospital, and strategic critical gangs’ strongholds of the capital. However, the force faces challenges that conventional wisdom posits that increases of funds and boots on the ground may resolve. However, the situation

Foreword by Aldy Castor, M.D., President, HRDF aldyc@att.net The following story is fictitious, but something like it may have already happened, or may soon happen.  By our research, the presence of child soldiers among Haitian gangs has been on the radar for at least twenty years.   In April this year, Catherine Russell, head of UNICEF,

Democratizing and decentralizing the Haitian banking system by extending its reach from Haiti to the global market, particularly in countries where Haitians are present, would facilitate financial inclusion and strengthen economic ties between Haitians in the diaspora and those at home. I propose establishing Haitian bank offices in all countries in which Haitians live to