Besides better healthcare, contemporary times call for the establishment of proper credit counselling agencies
The pandemic has been an eye opener in ways more than one. While it taught us to prioritise health and life over lifestyle, it has also begun to make us aware of crucial instruments, such as the Debt Management Plan. The unseen virus has severely impacted debtors and creditors equally job loss, pay cuts, the moratorium, spike in healthcare costs, and more have become daily worries. Apart from seeking better healthcare facilities and infrastructure, these times call for the establishment of proper credit counselling agencies, with the NPA threatening to soar higher, where household debts have a substantial role as well.
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