CREDIT MANAGEMENT

DEBT MANAGEMENT

Debt is of different types, with Mortgage Debt, Overdrafts, Credit Card Debt, Secured and Unsecured debt being a few.

If you are looking at borrowing afresh, here are some questions you need to ask yourself:

    • Is my debt status healthy, what are the types of debt I have got into?
    • What is my monthly outflow towards debt interest?
    • Can I avoid or reduce debt?
    • With the current debt level, can I meet an emergency?
    • At the current payment pace, how long will it take for me to completely pay off all my debts?

     

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Tip of the Day

If you have suffered from bad debt, contact the Register of Company Debt Defaulters. The Register is provided free of charge to all our subscribers.

Click here to register....