Blog - Debt Consolidation

Blog - Debt Consolidation

Lessons You Can Teach Your Children

As parents, we are the primary influence on our children’s lives. This, too, includes finances. Children learn concepts from a young age, and even as young as three years old can make sense of concepts such as saving and spending. Use a few steps and help them in the right direction to understanding the importance…
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How Does the National Credit Act Benefit You?

First signed in 2005, it is legislation brought in to assist the credit market of South Africa. The act was created to regulate South African lending with safe and responsible practices. It includes the understanding that banking services should be more accessible to all South Africans. The National Credit Act is regulated by the National…
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Enjoy Your Holiday at Home This Year

The old song by The Carpenters says “there’s no place like home for the holidays.” As we near the end of 2020, these lyrics have added significance. With Covid-19 cases on the rise, many families have chosen to stay at home this holiday season. While it may be tradition to travel to family in other…
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Worried About Mounting Debt?

If you are worried about bills that keep growing, it is time to get help and advice. Ignoring the problem is really not a good idea. It is best to address the problem to avoid it becoming too big to handle in the future. Finding yourself in a situation where you are unable to pay…
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How to Manage Your Year End Bonus Sensibly

The end of the year is a time when most South African employees receive their year-end bonus. The very idea of receiving extra money, especially at the end of a challenging year, comes as both a relief and a delight to most. The big question is – what are you planning to do with it?…
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What is Debt Review?

Are you having a hard time making ends meet? Does the end of the month equate worry and stress over paying your bills? You could consider debt review. This is a process specially designed to assist people take control and manage their debt. If you are struggling to manage your monthly debt repayments, debt review…
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A Brief Guide to Debt Counselling

A very large number of South Africans are in debt, and many are behind in their debt repayments. As a result of the current economic crises, many people are incurring too much debt that they cannot repay. Not sure if you have too much debt? You can work it out by calculating your debt-to-income ratio.…
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Saving Today is as Important as Ever

The coronavirus pandemic has caused many South Africans to take a hard look at their finances. Many have had to use their emergency or savings funds to help get by. While the reopening of our economy has brought a huge sigh of relief to many, it is still as important, if not more, to put…
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You Can Save on Your Electricity Bill This Winter

We are all aware that we can save on our energy bills, but we sometimes forget that it is often the most simple of tasks that make it a reality. No one likes being cold, and it is the easiest thing to switch on a heater to warm the room at the end of the…
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What is Debt Relief, Actually?

Honouring your monthly debt payments can be challenging, especially during difficult economic times. It may be that you have been retrenched, and are finding it a struggle to make ends meet.  Avoiding your debt payments will not help, and, as you have borrowed money or incurred debt, you have a contractual obligation to repay the…
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Manage Your Finances During Tough Times

Managing your money is always important, but it becomes essential during a crisis like the coronavirus pandemic. The entire world is facing a challenging time, and you may find yourself in a similar situation. It is a good a time as any to re-evaluate your finances, your debt and the way forward. Steps to consider:…
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What is Debt Relief?

Debt relief is, in a nutshell, measures that are put in place to reduce or refinance debt in order to make it easier for the borrower to repay it. At some point in their lives, people may face a financial crisis. This could be caused by a number of factors such as illness, the loss…
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