Fiji Time: 1:55 PM on Monday 26 February

Fiji Times Logo

/ Front page / Archives » Article Index


FCA Proudly supporting Fiji Financial Literacy
Tuesday, February 06, 2018

What is debt consolidation and how can it help?

Often in life, circumstances change. Life happens and usually we do not foresee the change and certainly in most cases, we do not plan for it.

These changes can be many and varied and worst of all, they can happen at the poorest time or all at the same time!

Changes like family bereavements, unexpected travel, moving to a new house, having to replace a motor vehicle or sudden and unexpected expenses such as doctor visits, hospital costs and well as you can imagine, the list goes on.

A debt consolidation loan can assist by restructuring your debts and even all or some of your expenses.

Perhaps your loans have different payment amounts with payments due on different dates.

This change or unexpected expense means you would no longer be able to meet all those short-term commitments in a timely manner.

Debt consolidation means gathering together any credit card debts; personal loans, hire purchase and some or even all your other liabilities and combine them into one easy to manage loan with possibly a lower repayment amount.

Allowing you to meet the unexpected expense.

Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Code Inward TTs Outward TTs
CAD 0.63200.6130
JPY 54.077951.0779
GBP 0.35650.3485
EUR 0.40700.3950
NZD 0.69240.6594
AUD 0.64120.6162
USD 0.50160.4846



Exchange Rate updated on 26th, February, 2018

Today's Most Read Stories

  1. Family mourns loss
  2. Query over poll results
  3. The origins of the Nasukamai people
  4. 1 week to solve issues
  5. Report to determine next course of action
  6. CCTV cameras for town
  7. Heavy rain and flash flooding alert
  8. PM praises China support
  9. More staff members for health centre

Top Stories this Week

  1. Wheels for ex-PMs Thursday (22 Feb)
  2. Police brutality claims Thursday (22 Feb)
  3. Tears flow for eleven Wednesday (21 Feb)
  4. Threat claims by group Saturday (24 Feb)
  5. That fateful night Friday (23 Feb)
  6. Choices for PM Saturday (24 Feb)
  7. 'I won't stand down' Friday (23 Feb)
  8. 200 vehicles from China Thursday (22 Feb)
  9. Living in fear Tuesday (20 Feb)
  10. Ministers and public transport Thursday (22 Feb)