Talk to your creditors

Friday, September 06, 2019

Household indebtedness is a rising menace in Botswana

I owe so much money, I don’t know what to do. I am afraid to go to work; I know they are waiting for me. It’s Payday tomorrow, but what’s the point, I still won’t have any money. What am I going to tell my family when there is no food? How will I get out of this? I feel like I am drowning…

The first question we need to address in this situation is, “Should I hide from my Creditors?” Creditors are people that you owe money to. If you owe someone money, they want to know where you are, what you are doing, and when they will get paid back. Which often results in them contacting us, sometimes frequently, which puts pressure on us – and sometimes makes us feel very afraid.

How should we handle our creditors?

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Black gold: Minergy is one of the MDCB’s investments through a convertible loan. The coal mine is eyeing a turnaround in fortunes this year PIC: MINERGYCOAL.COM

The audacity to be a unicorn

Mbongeni Mguni | 19 Apr 2024

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 11 h ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 2d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 2d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 2d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 2d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 2d ago

Serowe man 'loses' P1m in trading

Pini Bothoko | 2d ago

Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Talk to your creditors

I owe so much money, I don’t know what to do. I am afraid to go to work; I know they are waiting for me. It’s Payday tomorrow, but what’s the point, I still won’t have any money. What am I going to tell my family when there is no food? How will I get out of this? I feel like I am drowning…

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!