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...
Have you thought about what outstanding payments can be placed under debt review? The truth is, almost any payment can be placed under debt review, from credit card debt to car payments. The only debt that can’t be placed under debt review...
With the cost of living crisis, inflation (rising food, oil, and gas prices), and a growing culture of overspending on luxuries, it’s no wonder that households are falling behind on debt repayments. The repo rate has steadily climbed since COVID in an...
Braai Day is coming up, and for some of us, budgets can stand in the way of having a good time. But guess what? It doesn’t have to! Debtco Group has put together ways you can still have a lekke braai day,...
Have you heard about the interest rate change coming on the 19th of September? The repo rate is expected to drop 25 (maybe 50) points this coming September. This is because of the strength of the Rand and rumours that the US...
If you’ve considered debt counselling, you’ve probably wondered what its drawbacks/disadvantages are. Truth be told, debt review has its disadvantages, just as any other debt help system does. For instance, you can’t apply for credit because of reckless lending legalities and the...
Paying off with no money can seem like an insurmountable task. You need money to pay off debt, but with South Africa’s newly announced 33.5% unemployment rate for the second quarter of 2024, paying off debt can seem like climbing Everest. Job...