Old Mutual Finance offers financial education and debt consolidation to help customers get back on trackBorrowing money responsibly is key to managing debt and eventually gaining financial freedom, says Old Mutual Finance.Debt can be a good thing if you are a responsible borrower and use trustworthy lenders to help you achieve your personal goals.
Using credit in a way that results in you owing more than you earn every month is a mistake made by thousands of South Africans every yearHere are four benefits to consolidating your debt in a single loan:Having one loan means paying one monthly administration fee;You have the option to lengthen the time needed to repay your debt, lowering your monthly instalments.
Referring to your credit record to see how financially responsible you are. Your record will indicate whether you are consistent in making your payments or not;
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