Debt counselling, debt review and debt consolidation: What they are and which option is better.
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conomists have predicted a jobs bloodbath of over seven million in the country which will push many into debt, degrading their credit profiles.
Small and medium-sized businesses would also struggle to get back on their feet, while banks would find it hard to grant loans due to junk status.
Surveys revealed that many consumers who were struggling to make ends meet were often reluctant to seek help, either because they didn’t know where to turn to or because they were embarrassed.
There are options and they need to act before they face the possibility of their house, cars or other assets being repossessed.
Small and medium-sized businesses would also struggle to get back on their feet, while banks would find it hard to grant loans due to junk status.
Surveys revealed that many consumers who were struggling to make ends meet were often reluctant to seek help, either because they didn’t know where to turn to or because they were embarrassed.
There are options and they need to act before they face the possibility of their house, cars or other assets being repossessed.
