When you're in a tough spot financially and the burden of debt seems too much to bear, don't lose hope. There's a lifeline available to help you navigate through these challenging times. It's Debtco's debt review helpline – 021 007 1422. This...
The festive season in South Africa is a time of joy, celebration, and giving. It’s a time when we show our loved ones how much they mean to us by exchanging gifts. However, it’s important to remember one crucial piece of advice:...
A payment holiday is a period during which you can postpone your debt repayments. It’s designed to provide temporary financial relief when you’re facing financial difficulties. You might be asking yourself: "Is it wise to take a payment holiday on a debt?" Well,...
Debt can be a source of stress and anxiety for many people. It can affect your self-esteem, your relationships, and your well-being. But you are not alone, and there is hope. In this blog post, we will look at the impact of...
In May 2023, the governor of the South African Reserve Bank implemented an increase in the lending rate. As a result, the repo rate, which signifies the rate at which the central bank lends money to commercial banks, has risen to 8.25%....
If you are under debt review, you may be wondering how long you have to wait before you can buy a car. Although debt review is a process that helps you pay off your debts in a manageable way, it also limits...
Are you tired of drowning in a sea of bills and high-interest payments? It's time to take charge of your finances and pave the way to financial freedom. In this article, we'll explore one of the best strategies for paying less on...
When facing financial difficulties and entering into a debt review, the debt review status code is like a red flag on your financial record. It's a signal to lenders that your debt obligations have been re-arranged. This flag seriously impacts your credit...
Debt is an inevitable part of life, especially when it comes to achieving milestones like starting a business, entering the middle class, or becoming a homeowner. Even with the best intentions and actions, unforeseen circumstances or mistakes can lead to overwhelming and...