How can one manage debts? While borrowing money for the right financial use is good, managing the debt is critical. Some of the skills required in debt management include: Know your total indebtedness: This includes the debts, interest and charges for each account. While this could be a slightly unpleasant wakeup call, it will give … Continue reading How can one manage debts?
Last month I interacted with John (not his real name) who had lost his business due to lack of proper controls. He had accumulated a lot of loses due to employee theft and had outstanding loans with the banks. Having learnt from his mistakes, he decided to pursue this great project that needed financing. I … Continue reading What next if one is negatively listed in Credit Reference Bureau (CRB)?