The Daily Discourse

Thinking point –‘Payment holidays becoming too expensive


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Since the beginning of the lockdown, banks and other financial institutions gave their customers a payment holiday. Well those in the debt industry say that the cost of debt has shot into billions. This means you are being charged more interest. Is this fair practice though by these institutions and are we as consumers being cheated?

Guest: Benay Sager – Chief Operating Officer at DebtBusters
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The Daily DiscourseBy SAfm