Can I Travel While In Debt? If you can’t afford to pay for your trip upfront and still make payments towards your debt, you shouldn’t travel. If you can afford to pay for it with cash, while still having enough for your monthly repayments, then travel away! What should you not do when in debt?
What Are The Three Types Of Debt Restructuring? Extending the repayment term. Reducing the interest rate. Reducing the remaining balance. Bringing a past-due account current and adding the unpaid portion back to the principal balance. What are the types of debt restructuring? There are various modalities of restructuring the debt such as, (i)lower the interest