One could argue that South African consumers are amongst some of the most vulnerable in the world. With the majority of our population not earning enough to cover basics, many are forced to rely on multiple creditors to make ends meet at...
In South Africa, a greater part of consumers turn to credit cards and loans for various reasons, and before they know it, they find themselves caught in the debt trap. The debt trap - in the simplest terms - is when the...
As trusted Debt Counsellors who provide tailored services to consumers facing excessive debt issues, we at Debtco Group are here for you. Over the years, we have worked with a range of client’s facing over indebtedness, and have found that having debt...
The best way to make it through an interest rate hike unscathed is to be ready for the worst case scenario. The problem with a rise in interest rates is that it can affect your existing loans, while also making it harder...
The cost of living in South Africa continues to increase at a rate that most consumers cannot keep up with. On average, most individuals who earn an average salary are likely to acquire debt and become over-indebted trying to keep up with...
Being overly-indebted is not the end of the line, and does not need to define your financial status for the indefinite future. There is an effective, alternative approach to overcoming your debt problems, through the process of Debt Counselling. Before tackling your...
Anyone applying for a loan or trying to enter into a credit agreement in South Africa is vulnerable to potential Reckless Lending, at the hands of one or more creditor. At Debtco Group, we take Reckless Lending very seriously, as already struggling...
We encourage over-indebted consumers to first fully understand the Debt Counselling process, and all the related fees, before choosing to make use of this debt relief measure. At Debtco Group, we offer our clients a trusted and transparent Debt Counselling service, where...
Issues with repaying your debt should not define you, and don’t have to with the help of our professional Debt Counsellors. At Debtco Group, we provide a trusted and effective Debt Review service that is customized to your unique financial circumstances and...