For consumers who are not succeeding in making ends meet and surviving, debt can come as a massive relief in the form of a personal or instant loan. There are over four million active credit consumers in South Africa at this time....
There are laws set in place in South Africa which regulate the process of loan collecting, as well as certain limitations that debt collections may not violate when dealing with consumers who are not paying or abiding to their contracts with creditors....
Teaching children good money habits while they are still young can help them to develop the discipline needed to work well with their money when they grow up. As parents and caregivers, we want to ensure that our children have the best...
Economists and financial experts across South Africa are warning consumers to expect one more large increase in the repurchase rate (repo rate), which already saw a worrying 75 basis point increase in August 2022. Lending and interest rates associated with loans and...
Debt affords us the ability to do what we could otherwise not, because of our financial limitations. It is easy to get swept up in the false comfort that borrowed money can offer at first – a credit card which allows us...
It has been established that Debt Counselling works wonders for consumers who are faced with insurmountable debts. Being over-indebted is hardly a life sentence, and consumers are able to find their feet and live comfortably again after making a few adjustments to...
Are you struggling to balance your numerous monthly instalments to creditors, while still trying to managing basic and necessary living expenses that are continually rising? You may be wondering how to know if you qualify for Debt Counselling, so that you can...
A favourite public holiday in South Africa is Heritage Day, and for most of us, we celebrate our roots with a traditional braai. While we’re all holding on to our wallets and purses a bit tighter these days in light of the...
Due to the socioeconomic constraints we are all currently experiencing, saving and investing seem to be out of the question for many South Africans. The necessity of long-term financial preparation has, however, been brought to light as one lesson the current economic...