By paying more than the minimum repayments you will lower the principal and thereby reduce the interest charge.
Possible warning signs of financial trouble
Getting your finances under control is not always easy. And it can take time. Most people get into debt simply because they spend more than they earn. It may be possible to increase your income, but it’s usually easier to cut back your spending.
Ways to cut your expenses
Tips to get you back on track with your finances
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