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The purchase of portfolio is a line of credit that consists of the transfer of an outstanding balance with a financial entity to another that offers you better conditions, either payment (interest) or time (installments). By unifying financial obligations, the purchase of a portfolio brings some benefits. For example, make it easier for people to manage their finances responsibly, by providing greater budget control, but also offering the opportunity to obtain a better interest rate than the one agreed with the other bank. When transferring your obligations to another entity, it is necessary to take into account your monthly indebtedness…

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While thousands of passengers from live air make efforts to solve the problems to reach their destinations both in Colombia and abroad, caused by the company's decision on February 27 to suspend its flights, leaving hundreds stranded in air terminals, the Government, through the Superintendence of Transportation and the company itself are looking for ways out of a crisis that has been going on for several months now, but which broke out at the end of last month.(Also read: What are slots and why are they key to approving the Viva-Avianca integration?) The airline is facing serious financial problems, a…

The Ministry of Mobility will hold the first auction of abandoned vehicles this year. In the patios of the entity, at present, there are around 400 cars, which have a cost between 45 and 300 million pesos.Law 1730 of 2014 "authorizes the transit agency to declare the abandonment of the immobilized vehicle through an administrative act." This auction will take place until March 10. Law 1730 of 2014 gives rise to the auction of junk cars. Photo: District Mobility Secretariat The objective of the District Mobility Secretariat (SMD) is to “c"Contribute to the improvement of the environment". With the initiative,…