Debt consolidation and better financial management are hot topics at the start of every new year.
This is especially true for those borrowers who may have overspent during the festive season and find themselves with increased debt and higher credit card bills in January.
Tougher economic conditions, increased living costs and a higher interest rate environment have presented challenging conditions for many borrowers over the last few years, leading to increased spending and less disposable income for homeowners and businesses alike.
As we head into the new year, therefore, brokers may find themselves increasingly tasked with helping borrowers navigate financial challenges and in search of solutions to repay…
