Debt

Are you worried about your rental or property options while you are under debt review? Debt review can help lessen the burden of debt repayment, but it can sometimes feel restricting when you want to pursue other financial prospects. It is true that while you are under debt review, you should aim to avoid taking…

It was recently reported that as many as half of South Africans with credit accounts find themselves in arrears. If you are struggling to meet your monthly obligations, perhaps you should consider debt counselling. Debt counselling is also known as debt review. It is a process designed to help over-indebted South Africans regain control of…

For many of us, the word winter conjures images of fireside gatherings with mugs of hot chocolate. For others, it brings a feeling of dread, knowing that heating and food bills are likely to be higher than in the summer months. Hearty meals like soups and stews are typical, as well as hauling out the…

In the west (or at least in the movies), filing for bankruptcy solves everything. None of your creditors can come after you. But being bankrupt can haunt you even after you recover. Many banks, credit card companies, and even employers might be unwilling to work with you. Plus, if your creditor has sold your debt,…

Chocolate lovers live for Easter and all the goodies it brings. But between the road trips, family get-togethers, and other festivities, you could end up denting your pocket. Plus, if you’re already in debt, you probably don’t have the funds to celebrate anyway. You might find yourself waiting a few days so you can grab…

If you are over indebted and feeling overwhelmed, you’ll be pleased to know there is help at hand.  You can make an appointment with a Debt Counsellor who will guide you through the process of debt counselling. This is a legal process where you will be declared over indebted and where your debt counsellor will…

In today’s increasingly busy world, it often seems that there is never enough money to buy what you really need and want. You may have noticed that the price of yoghurt or croissants has risen, leaving you wondering about the pair of shoes that you really would like, but don’t really need. Saving money is…

Debt consolidation in 10 simple steps is the result of The National Credit Act’s goal to help South African consumers develop an affordable repayment plan through Debt Review with the assistance of Debt Counsellors. The plan allows over-indebted people to avoid costly court administration. A successful debt review will enable you to repay all your…

So often we South Africans commit to the discipline of budgeting for the year to get out of debt and incur no new obligations. If this is you, you may determine to tighten your belt and eat cheap and at home. You resolve to never drive your car when you can walk and incorporate a…

Are you missing out on the joy and excitement of a new year because you’re still dealing with last year’s debt? For some, 2019 promises to be full of brand new experiences and opportunities. For others, it threatens to be a financial nightmare. If you feel like your debt repayments are simply never going to…