Poll: Which asset would you sell to clear your outstanding debts? | Loop Jamaica

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Rising consumer prices and the strain of the changing economic climate have many people thinking of a financial reset.

A financial reset could see one liquidating an asset to clear high-interest loans.

Moreover, recent announcements that some banks are increasing repayment rates on existing loans may lead you to stop thinking and start doing.

Utilise the poll below to indicate which assets you would sell to clear some or all of your outstanding debts.

Selling assets to clear debt

House, property

10% (1 vote)

Stocks and securities

10% (1 vote)

Lightly used furniture, appliances

10% (1 vote)

Motor vehicle

20% (2 votes)

I don’t have any assets to sell

20% (2 votes)

My debts are manageable so I need not sell any asset

30% (3 votes)

Total votes: 10

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