Debt Review and Debt Consolidation
Head of Collections and ECM Strategy at Old Mutual Finance, Senzo Lubisi is joined by Robin Raichman, Old Mutual Finance Head of Recoveries and Debt Review and they speak to Motheo Khoaripe about the Debt Review and Debt Consolidation.
Robin Raichman clarifies that consumers under debt review cannot acquire further credit, as it could be deemed reckless credit granting. Successful completion of debt review is required before applying for new credit.
The skinny
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