Consumer debt is the next pandemic that has quietly crept on the population. And since 2010, the Credit Reporting Act has meant that every utility bill and loan is being tracked and reported. Therefore, any unfortunate financial decisions made do not go away. So what can be done? To conquer the consumer debt burden, the greatest strategy is to understand the options available to you. We have an awesome panel of guests on this episode of Financially Focused that will give us clear instructions on how to navigate the waters.
Michelle Toyloy-Carter, chief executive officer, Credit Information Services Credit Bureau – to discuss how to make your credit report a tool for wealth building. Julian J. Robinson M.P., Member of Parliament, South Eastern St. Andrew Opposition Spokesman on Finance and the Public Service who will share the resources for small businesses to recover from COVID19. Fayola Evans Roberts, Deputy Supervisor of Insolvency who will share how the 2015 Insolvency Act offers a lifeline to debtors.
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While working in the financial sector, I realized that some clients got favorable treatment and others did not. It was about having someone available to call you and say do this and do that. Or move your money here or ask for this opportunity. I realized that if I had that kind of mentorship, it could make a real difference to my life. Never would I have guessed that having a child with special needs would propel my need for financial mentorship so quickly. As I learned, I shared with my clients. And now I open this training for you.
