Yesterday, Donald Trump was elected as the United States’ new president, making history as the US’ oldest president and the second one to serve a non-consecutive term. In his election campaign and debates, Trump has expressed dynamic views on relations with China, trade...
We’ve all had to learn to manage money the hard way, whether from overspending, underbudgeting, or taking advantage of credit when we shouldn’t have. Financial regret and buyer’s remorse are something every human on the planet has had to deal with. Debtco Group...
Black Friday is chaos, no matter where you are in the country. The malls are crawling with shoppers like ant mills–with some even camping outside stores to get the best deals. Sold-out signs pop out like jack-in-the-boxes, and some goods are still...
Sometimes, the line between good and bad debt can be blurry. A house can seem like a great investment. After all, it’s an appreciating asset; however, what do you do when your bond repayments become the bane of your existence and you...
Debt is a force rife in the lives of many South Africans. Too many of us spend a too large portion of our income on paying off debts, struggling to meet minimum payment obligations and essential living expenses like groceries, petrol, insurance,...
Have you ever wondered how your loan repayments are worked out? To work out loan repayments, your loan amount is divided by your loan term (usually months) to get a monthly payment. Then, an interest that the bank calculates based on your...
Have you ever heard of debt review status codes? These are codes inputted into the debt help system that reflects where you are in the debt review process. They help creditors, bureaus, and consumers understand where they are in the debt review...
On the 19th of September, the Reserve Bank unanimously voted that the repo rate should drop by 25 points to stimulate economic activity– just as Debtco Group wrote they would in the post “What to Expect with the Interest Rate Change on...
Have you thought about debt review and wondered whether you qualify as a valid candidate? It can be difficult to ascertain whether you need debt review, especially during a torrential financial and emotional storm. Sometimes, despite trying our very best, we find...