Should you pay off debt or save? This is an age-old question, one that a lot of the financially troubled find themselves wondering. The answer is that it depends on your goals and the consequences you’re willing to take on. On the...
Yes, it’s 100% possible to be debt-free in 5 years. Of course, it depends on your situation and circumstances, but with the right execution of debt repayment strategies and discipline, it’s possible to be debt-free and have good credit in 5 years. It...
What happens to debt after five years? Well, what happens to debt older than 5 years in South Africa is dependent on the type of debt, communication between you and your creditor, and the steps you have taken to pay off the...
A lot of us have a mountain of debt with absolutely no clue of how to pay it off. If you’re overindebted and dealing with an amalgamation of debt, say credit card, store card auto loan, and mortgage debt, it can be...
Debt can be overwhelming and can often leave you feeling like you're drowning in a sea of bills and payments. If you're struggling to manage your debts in South Africa, you may need to consider debt counselling. Debt counselling is a service...
Times have been tough lately, with fuel prices steadily rising and our economy quaking in its secondhand boots. Many South Africans struggle to meet their living expense obligations and don't have discretionary income, driving them to take out unprecedented numbers of loans....
Imagine you’re applying for a loan or renting an apartment. The lender or landlord asks for your credit score. You freeze. You don’t know it. This scenario is more common than you might think. Your credit score, a three-digit number based on...
Managing money can be tough, especially when unexpected expenses pop up. Sometimes, despite our best efforts, we find ourselves in a financial hole, struggling to make ends meet. If you're in this situation, you might be wondering if debt review is right...
Dealing with debt is tough, especially when you have bad credit. Many South Africans find themselves in this situation, wondering if there's a way out. One common solution people explore is debt consolidation loans. But can you actually get these loans with...