Approach debt with the right attitude and regain financial health

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Approach debt with the right attitude and regain financial health
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SPONSORED | Old Mutual Finance offers financial education and debt consolidation to help customers get back on track

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.

“We live in uncertain times and there are customers who find they can’t pay their loans. A responsible borrower, who acts first and approaches Old Mutual Finance with a money problem, will always be heard. Old Mutual Finance can help with debt consolidation to assist in resolving problems,” says Moganwa.

However, it is also important to note that even though lengthening your loan term can lower your monthly instalments, restructuring your debt this way will result in more interest and fees paid over the life of your loan. 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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