Managing personal finances can often be overwhelming, especially when faced with mounting debts and financial obligations.
In such situations, seeking the right solution to ease the burden and regain control of your finances is a logical step. The commonly considered options are debt consolidation and debt review.
Denise Hartley, COO at FNB Collections, said, While debt consolidation and debt review are used interchangeably but mean different things. It is crucial to understand the difference to make informed decisions about the most suitable solutions for your financial situation.
Hartley explains the difference:
Debt consolidation:
Debt consolidation involves combining multiple debts into a single loan. It is a service offered by regis…
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