Bureau to stop banks from attaching borrowers’ property

A good number of people have lost their property to banks because of failure to fully understand the terms of payment, not until it's too late. This failure has not only affected the borrower, but also banks in terms of Non-Performing Loans. (These result when borrowers aren't able to payback their loans within the required… Continue reading Bureau to stop banks from attaching borrowers’ property

Advertisements

Poor spending habits: A major cause of the vicious cycle of borrowing.

Yesterday, I came across a very interesting article in the Daily Monitor Newspaper regarding peoples' spending habits. I found it related to my previous article titled "Living within our means for a better tomorrow" and was therefore prompted to share it with you this day. The phrase, "Failing to make ends meet " is common… Continue reading Poor spending habits: A major cause of the vicious cycle of borrowing.