For many Overseas Filipino Workers, taking a personal loan before leaving the country feels like a quick fix—whether for placement fees, family expenses, or travel needs. But debt can quickly snowball when you’re earning abroad, especially with high interest rates, currency fluctuations, and family relying on your remittances. In this episode, we break down why OFWs should think twice before borrowing, how lenders assess risks, and the long-term impact on your financial stability.

More importantly, we’ll share smart strategies to manage existing loans: from setting repayment priorities, consolidating debt, and automating payments, to creating a realistic budget that balances obligations at home and abroad. Remember—your goal as an OFW is not just to send money home, but to build a secure future. Careful borrowing and disciplined repayment can make all the difference.