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Finance and Loans

From time to time, senior citizens may find themselves in need of short term
funding. There are many pitfalls and sometimes, even danger, on the road to
short term loans and you may find yourself enmeshed in a suffocating debt trap.

Heed good advice.
Do not borrow more than you can comfortably repay.
Never borrow long term money to pay short term debt.

For example, do not borrow money against your home loan to pay credit card debt

Read the fine print and compare costs.
See links below for a product comparison.

http://www.justmoney.co.za/ click on loans or vehicle finance

http://www.thinkmoney.co.za/ click on personal loans

http://www.bankmonitor.co.za click on personal loans > Product comparison

 
Important.
www.seniorcitizen.co.za aims to supply senior citizens with broad based information and provide them with easy links to access investment information.

At no stage is this information intended to be a substitute for professional advice and you are urged to always consult with a registered investment
advisor