Send your question to editor@fin24.comA News24 Business reader struggling to pay off his credit card debt wants to know if a consolidation loan would be his best bet. He writes:I am 63 years old, still employed full-time, and need advice on credit card debt. I have three credit cards - all maxed out to the extent I pay the instalment and have to use the credit available to make through the month. I would like to know if getting a consolidation loan and settling these accounts is better in terms of interest, or will I be worse off? The balance of all three credit cards, including one store card, is R65 000.

Source: News 24 September 22, 2022 07:26 UTC