In May 2023, the governor of the South African Reserve Bank implemented an increase in the lending rate. As a result, the repo rate, which signifies the rate at which the central bank lends money to commercial banks, has risen to 8.25%....
If you are under debt review, you may be wondering how long you have to wait before you can buy a car. Although debt review is a process that helps you pay off your debts in a manageable way, it also limits...
Many South Africans are facing severe financial challenges as a result of the COVID-19 pandemic. In fact, some have been living beyond their means even before the crisis. However, there is a way out for those who are overwhelmed by their debts...
Are you tired of drowning in a sea of bills and high-interest payments? It's time to take charge of your finances and pave the way to financial freedom. In this article, we'll explore one of the best strategies for paying less on...
When facing financial difficulties and entering into a debt review, the debt review status code is like a red flag on your financial record. It's a signal to lenders that your debt obligations have been re-arranged. This flag seriously impacts your credit...
Are you struggling with debt and considering debt counselling? If so, you might be asking yourself: "How long does debt counselling take?". The truth is, the length of debt counselling can vary depending on several factors, including your financial circumstances, the amount...
Debt is an inevitable part of life, especially when it comes to achieving milestones like starting a business, entering the middle class, or becoming a homeowner. Even with the best intentions and actions, unforeseen circumstances or mistakes can lead to overwhelming and...
One of the best forms of relief legally available to over-indebted consumers is Debt Counselling. This programme is specifically aimed at those who are not managing their debt commitments, and works by restructuring their debt repayments. If you are married in community...
As renowned Debt Review professionals, we have worked with thousands of clients to successfully achieve their financial freedom. Although our offices are located in Cape Town, our services can be done completely online and do not require face-to-face interactions, unless you want...