Debt Consolidation Meaning – 10 Tips

In this video, we follow Vuyo’s story. His debt snowballs when an unfortunate event forces him to take out more debt than he can handle. When he realises that he’s in over his head, he decides to consolidate his debt. Learn more about debt consolidation here: https://www.oldmutual.co.za/personal/solutions/bank-and-borrow/personal-loans.

By combining several loans into one, a debt consolidation loan reduces the number of admin fees Vuyo has to pay, and it makes it easier to pay back his debt. But this is just the first step he takes to get his debt under control.

To learn how Vuyo and others like him take back control of their finances, download the FREE Moolah Master Financial Wellness Guide: https://oldmutualfinance.everlytic.net/public/landing-pages/moolah-master-ZtlkxJ72fSxMAHtt

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