Key Debt Management Options

Debt management is often the focus of a financial mentor’s work with clients.

Debt repayment is usually the reason why the budget has a deficit balance.  In the previous section we briefly looked at the structure of a loan and learnt that a loan has ‘several levers’ that effect the repayment of the loan.

Following is a discussion on various products and options that may be a way for clients to reduce their debt or reduce debt repayment.