HoistSavings is the name of the savings venture from Hoist Finance. Hoist Finance is a European financial institution that specializes in debt restructuring and debt collection services. It purchases non-performing loans from banks and financial institutions, then works to rehabilitate them through various means, such as restructuring repayment terms or negotiating settlements with borrowers. Hoist Finance operates primarily in Europe, with headquarters in Sweden and offices in several other European countries. Its main goal is to help both creditors and debtors find mutually beneficial solutions for managing debt.