The festive season is a time of joy, family, and fun, but it is also a time of increased spending - sometimes recklessly so. If you tend to lean toward the side of overindulgence, you may be familiar with the daunting prospect...
For most South Africans, living within our means often includes juggling a certain amount of manageable debt. Whether it be a mortgage, a new car or paying off a once in a lifetime holiday, there are all sorts of ways we create...
With the introduction of South Africa’s latest fuel increase, it’s once again time for South African consumers to restructure their budget and tighten up those purse strings. When we stop and consider the real effect of the increased fuel price, the outlook...
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...