All about loans in Kenya
Debt management is any system used to pay off debt and regain control of your finances. It can also refer to credit counseling services. The term debt management often refers to debt management programs offered by credit counseling organizations that help borrowers approach their debt in a more manageable way. Whether you DIY your debt […]
There are a number of ways that you can go about dealing with your debt. Some are small tweaks in your daily routine, whilst others are larger and broader changes to the way that you handle your business. Here are the 10 best tips and tricks on how to deal with your debt: Know How […]
Effective financial management is vital for business survival and growth. It involves planning, organizing, controlling and monitoring your financial resources in order to achieve your business objectives. Good financial management will help your business to make effective use of resources, fulfil commitments to your stakeholders, gain competitive advantage and prepare for long-term financial stability. Financial […]
When managed responsibly, a personal loan can be one of the best ways to relieve financial burdens and set yourself up for success. It’s an easy way to cover a down payment, handle an emergency, or take your family on a vacation. A personal loan, however, can also be challenging to manage—especially if you’re new […]
Do: Get Organized Getting a handle on your debts and working on paying them off will be next to impossible without having a clear picture of who is owed how much and where your account balances are at. Take inventory of your debt accounts, account numbers, total balances and monthly payment requirements. Be sure to […]
If you are reading this article, you probably have too much debt. And if you’re in a financial hole due to debt, the only real solution is to change your debt habits and start digging your way out, one step at a time. Here are 8 ways to unburden yourself from the weight of your […]
Many of us know that setting financial goals and creating budgets can help us manage our money. However, it’s also important to manage your debt. Debt management is a way to keep up with your bills, especially if they have seemingly gotten out of control. You can use many strategies to manage your debt, including […]
While debt management can be a helpful tool to get debt under control, it can negatively affect your credit score. Hard inquiries A hard inquiry may happen at some points in debt management. For example, if you attempt to get a lower interest rate, you may trigger a hard inquiry into your credit report. Hard inquiries stay […]
Paying off debt can be a tedious and painful process. But it is possible, and there are ways to speed things up and sometimes make it a little fun (really). We’ve collected and organized free debt advice from a variety of personal finance experts who have been through the process and helped thousands of others […]
How many of us make major purchases in our everyday lives without thinking twice? The answer could vary from person to person, but more often than not, we do think a bit before making a big purchase. There are also a few situations in life, wherein we may not possess the adequate amount of capital […]