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Listen: Credit facility vs personal loan: knowing the difference will save you a fortune

by | Sep 6, 2019

Maya (@mayaonmoney) and Mapalo (@womanandfinance) discuss the dangers of signing up for a credit facility as well as how your partner’s debt can impact your credit score.

 

5 Comments

  1. this is so ridiculous how can banks do this the poor, and its not only the poor people even the “educated middle class” still fall in this trap. Thank you for the education and the podcast

    Reply
    • I must confess this shocked me too – its very unethical…

      Reply
  2. Given the cost of living and low salaries I think it’s so irresponsible that credit facilities charge ridiculous fees and interest rates! And the sad thing is that the low income earners get caught up in this trap :(! We need more education around the hidden costs of taking out anything on credit! Thanks for this Maya! It makes me so upset that companies mislead the poor.

    Reply
  3. Love that you’re doing podcasts now! 😀

    Reply

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Maya Fisher-French author of Money Questions Answered

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