Debt consolidation: Benefit or disadvantage?

Friday, December 06, 2019

Coming together: Weighing the pros and cons PIC: THEWOWSTYLE.COM

As Botswana’s personal debt crisis grows around us, more and more of us are looking for education on how to manage our debts, and how to get some relief from the financial pressure and stress caused by our debts.

It would be wonderful if there was a quick fix, a simple and cheap method we could buy that would, in a blink of an eye, resolve the problem. Is debt consolidation that solution?

Most of us also know that getting into severe debt didn’t happen overnight. We got ourselves deeper and deeper into trouble over an extended period. Knowing this, we cannot expect “The Solution” to be a quick one.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

'I was deceived'

Larona Makhaiza | 8 h ago

Fierce battle looms in BPF Nata-Gweta primaries

Chakalisa Dube | 15 h ago

BPF to win all Serowe constituencies

Innocent Selatlhwa | 15 h ago

BDP councillor withdraws candidacy, decries voters roll manipulation

Tsaone Basimanebotlhe | 15 h ago

BDP primaries: More fireworks, twists and turns

Tsaone Basimanebotlhe,Goitsemodimo Kaelo | 15 h ago

Choppies' P1m Olympic incentive

Calistus Kolantsho | 17 h ago

Masole gears for third Chess Olympiad

Calistus Kolantsho | 17 h ago

Wildebeests on the cusp of rugby history

CALISTUS KOLANTSHO | 17 h ago

BDP primaries leave a lot to be desired

The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...

The Monitor Editor | 22 July 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

Debt consolidation: Benefit or disadvantage?

As Botswana’s personal debt crisis grows around us, more and more of us are looking for education on how to manage our debts, and how to get some relief from the financial pressure and stress caused by our debts.