A short testimonial from one of our Debt Review clients.

From this video you will learn What is Debt Consolidation & how it works, Types of Debt Consolidation, Benefits of Debt Consolidation, Cons of Debt Consolidation, Debt Consolidation for beginners in english.

Debt Consolidation:
The term debt consolidation means taking out a new loan in order to pay off the other loans or liabilities or consumer debts, which are generally unsecured. In this more than one debt or multiple debts are combined into a large single piece of debt , with a favourable term structure which include lower interest rate, lower monthly payment or both or lower tenure.

Types of debt consolidation:
1. Credit card balance transfer
2. Debt Consolidation loan
3. Student loan consolidation
4. Home equity loans and lines of credit
5. Cash – out mortgage refinance

Benefits of debt consolidation:
1. Repay debt early
2. Simplify finances
3. Lower interest rates
4. Have a fixed repayment schedule
5. Boost credit

Cons of Debt consolidation:
1. It doesn’t mean that the debt is gone
2. You may pay a higher rate
3. Lengthened repayment term means that the person pays more in interest even with a lower interest rate
4. Some loans may require to put up a collateral

——————————————————————————————————-
#DebtConsolidation, #TypesofDebtConsolidation, #Simplyinfo,
——————————————————————————————————-
Music: Ukulele – Bensound
https://www.bensound.com

——————————————————————————————————
TAGS:
—–
consolidation, money, loan, debt, debt consolidation loan, debt consolidation meaning, debt consolidation definition, debt consolidation explanation, what is the meaning of debt consolidation, what is the definition of debt consolidation, what does debt consolidation mean, what does debt consolidation stand for,debt consolidation loans, credit card debt, debt consolidation loans india, debt consolidation mortgage, student loan consolidation,

…….

Our Mantra:
Information is Opportunity.
Knowledge is Power.
Be Informed – Be Powerful!

SUPPORT US:
SUBSCRIBE / LIKE / SHARE / COMMENT 🙂
Subscribe Link: https://goo.gl/qbyzFb
…….

CONNECT US:
Website: http://www.simplyinfo.net
Facebook: https://www.facebook.com/SimplyInfo.net
Twitter: https://twitter.com/SimplyInfo9
YouTube: https://www.youtube.com/c/SimplyInfo9
Slideshare: https://www.slideshare.net/SimplyInfo9
Pinterest: https://in.pinterest.com/SimplyInfo9/
Instagram: https://www.instagram.com/simplyinfo9/
YouTube Subscribe Link: https://goo.gl/qbyzFb
…….

OTHER PLAYLISTS TO EXPLORE:
Games & Sports: https://goo.gl/uTXRWB
Jobs & Career Info: https://goo.gl/cbCDXy
Business Management: https://goo.gl/1sDjfW
Information Technology: https://goo.gl/nWYpK8
Physics Concepts: https://goo.gl/FnLmes
Education & Learning: https://goo.gl/54TR8A
Filmmaking Concepts: https://goo.gl/RQL5qn
Psychology Concepts: https://goo.gl/oYNNKA
Indian Law Concepts: https://goo.gl/m98pWn
Economics Concepts: https://goo.gl/yymX98
…….

About Simplyinfo.net:
We provide the best info bytes videos in a very simple and effective way to learn, to revise and to master micro-content information. We simplify information in a wide variety of categories.

PLEASE SUBSCRIBE to the channel for support.
For any kind of courses / tutorials – Ask in the Comments.
Visit our website: http://simplyinfo.net/ for all kinds of Courses and Info Videos.

Contact Us: simplyinfo9@gmail.com

Be Blessed with Love, Health & Happiness.

Cheers & Have Fun 🙂
Team SimplyInfo.net

P.S. CLICK BELOW LINK TO SUBSCRIBE FOR UPDATES.
SUBSCRIBE LINK: https://goo.gl/qbyzFb

In this Ronel Talks Money interview we discuss debt review / counselling. Why do people end up having too much debt? When should you seek help when you have too much debt? What would a debt review process entail and what are the costs involved? I talk to Neil Roets, the CEO and founder of Debt Rescue. Debt Rescue is registered with the National Credit Regulator (NCR). Debt Rescue is ranked as the #1 Debt Counselling Company in South Africa and has received multiple awards over the years.

If it’s all about the post-pandemic recovery and if deficits no longer matter… then what about Africa? France welcoming leaders for a summit devoted to finance and relieving the debt owed by a continent that felt the full brunt of a world economy under lockdown. The age-old question more acute than ever: how to be like the US and Europe and earmark huge sums for health care, schools, green energy and infrastructure… instead of using the money to pay interest on old debts?

Subscribe to France 24 now:
http://f24.my/youtubeEN

FRANCE 24 live news stream: all the latest news 24/7
http://f24.my/YTliveEN

Visit our website:
http://www.france24.com

Subscribe to our YouTube channel:
http://f24.my/youtubeEN

Like us on Facebook:
https://www.facebook.com/FRANCE24.English

Follow us on Twitter:
https://twitter.com/France24_en

Meet Mr. Mabope, he is officially debt free!

Are you under debt review and looking for a way out? Or you’re over-indebted and looking for an alternative to debt review? Watch this video and learn more.

Connect with me on my socials

FB : Zoe Thwala
IG : zoe_thwala

Disclaimer:

I am a financial coach, if you are looking for financial advice please contact a financial adviser who’s registered.

Our debt consultants at Debtbusters are proud of what that do, our dedicated team of debt experts have changed many lives through the effective debt counselling and debt management advice.Let us help you change your life, visit our website today. http://www.debtbusters.co.za/

Hi and welcome to http://www.debterasers.co.za. Here we help South Africans who struggle with debt by putting them through a debt counselling process. This is a process where we re-arange your payment plan for you. You will pay 0% interest on your credit cards and store cards, and all your debt – including your car and house – will be put onto a longer term payment plan. If you want to start this process, all you will have to do is to complete your details in the form you’ll see on the right hand side of this page. We will then be in contact with you to help you start living a debt-free life.

We offer the following services:
Debt Counselling
Debt Review
Debt Help

How Do I Change Jobs While Paying Off Debt?
Say goodbye to debt forever. Start Ramsey+ for free: https://bit.ly/35ufR1q

Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj

Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!

Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: https://www.youtube.com/c/TheRamseyShowEpisodes?sub_confirmation=1

Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!

Ramsey Network (Subscribe Now!)

• The Ramsey Show (Highlights):
https://www.youtube.com/c/TheRamseyShow?sub_confirmation=1
• The Ramsey Show (Full Episodes): https://www.youtube.com/c/TheRamseyShowEpisodes?sub_confirmation=1
• The Dr. John Delony Show: https://www.youtube.com/c/JohnDelony?sub_confirmation=1
• The Rachel Cruze Show: https://www.youtube.com/user/RachelCruze?sub_confirmation=1
• The Table with Anthony ONeal: https://www.youtube.com/user/aonealministries?sub_confirmation=1
• The Ken Coleman Show: https://www.youtube.com/c/TheKenColemanShow?sub_confirmation=1
• The Christy Wright Show: https://www.youtube.com/c/ChristyWright?sub_confirmation=1
• EntreLeadership: https://www.youtube.com/c/entreleadership?sub_confirmation=1

The number of South African consumers seeking help to manage debt soared in the first quarter with enquiries at South Africa’s largest debt counsellor up 31% compared to the same period in 2020; that’s according to DebtBusters.

Benay Sager, head of DebtBusters joins me now

For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News on Social Media.