Tackle your debt head on with these financial solutions

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Loans Loans Headlines News

SPONSORED | OldMutualSA If you’re in a lot of debt, your assets can still be protected from being repossessed by credit providers while you are under debt review.

Take a step towards financial wellness and consider debt consolidation or debt review to pay off your debts and regain control123RF/zephyr18

According to the Old Mutual Savings & Investment Monitor, 62% of South Africans are cutting back on spending, and in these difficult times, it is best to consider all the choices available. “Debt review is a process whereby a debt counsellor assesses your outstanding debt and puts in place a restructured debt repayment plan working with you. The debt counsellor may go as far as renegotiating interest rates and repayment terms with your credit providers to have some breathing space to tackle debts. Debt review is, however, a regulated process with pros and cons best discussed with a qualified specialist.”It is only for SA citizens.

Repayment arrangements are made and agreed to if the repayment plan meets the credit provider’s conditions.

 

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:

 /  🏆 13. in LOANS

Loans Loans Latest News, Loans Loans Headlines

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

Tackle your debt head on with these financial solutionsSPONSORED | Take a step towards financial wellness and consider debt consolidation or debt review to pay off your debts and regain control
Source: TimesLIVE - 🏆 28. / 59 Read more »

Tackle your debt head on with these financial solutionsSPONSORED | Take a step towards financial wellness and consider debt consolidation or debt review to pay off your debts and regain control
Source: TimesLIVE - 🏆 28. / 59 Read more »