Blog - Debt Consolidation

Blog - Debt Consolidation

Financial Tips: Holidays On A Budget

Financial Tips: Holidays On A Budget

The December holiday season often brings with it an increased financial burden. For South Africans that celebrate Christmas, there are gifts and family get-togethers that cost more. Many people take leave or get time off from work over this period, and many choose to go on holiday to visit other people and places. The end…
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What's Your Financial Backup Plan?

What’s Your Financial Backup Plan?

When it comes to money, having a backup plan in place is always a good idea. Everything seems to cost money nowadays, and it often feels like there isn’t enough in the budget to go around. From the recent VAT increase that caused goods and service prices to increase, to unexpected expenses that crop up…
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Financial Tips: Count Your Coins

Financial Tips: Count Your Coins

In an economy where you can find very little for under R10, coins are becoming less and less useful. Most of us tend to only keep small change on hand for the parking attendants, or for a handful of sweets at the corner store. Yes, it is handy to have a few coins when you…
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Consolidation Of Credit Card Debt

Consolidation Of Credit Card Debt

Debt consolidation can help if you are worried about credit card debt. The greatest benefit of using a credit card is also the greatest risk – you can pay now and worry about the balance later. When month-end comes, and you have to settle your credit card balance, it can often be a shock just…
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Have You Considered The Benefits Of A Credit Diet?

Have You Considered The Benefits Of A Credit Diet?

Many South Africans are interested in the benefits that debt counselling can offer them, such as lowered monthly instalments, reduced interest rates and legal protection from creditors. While many are signing up for debt counselling and debt review, there are still over 10 million South Africans who are struggling with their debt. One of the…
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Financial Tips: Try The 30-Day Rule If You Struggle With Impulse Spending

Financial Tips: Try The 30-Day Rule If You Struggle With Impulse Spending

Do you struggle with impulse pending or money management, the 30-day rule is an excellent starting point. As its name suggests, it is an easy way to avoid impulse spending by waiting 30 days before buying something. The process is simple: ask yourself if you absolutely need the item, and if you need it immediately.…
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Debt Review vs A Debt Consolidation Loan

Debt Review vs A Debt Consolidation Loan

If you are experiencing financial problems and struggling with debt repayments, there are a few options available to you. Instead of struggling through piling debt and eventually wearing your bank account too thin, you can apply for a personal debt management solution to help solve your debt problems. Debt management solutions can come in the…
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Financial Tips: 3 Things To Save Money For

Financial Tips: 3 Things To Save Money For

We are always told to save our money, but what are the things we should be saving for? Everyone has their own goals in life and saving up can help you reach these goals. When it comes to the important things in life, there are a few things that almost everyone should be saving for,…
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3 Debt Management Tips For Peace Of Mind

3 Debt Management Tips For Peace Of Mind

Financial responsibilities and debt management can add to the stress of daily life. In this day and age, we have altogether too much stress from all corners of our lives. Debt management does not need to be one of them. Here are three steps to gain better control over your debt and relieve the burden.…
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you are leaving debt

What Happens When Your Debt Review Is Completed?

The debt review process can sometimes be extensive and those under review cannot wait for the end. However, to understand what happens once debt review has been completed, it is necessary to properly understand what happens during the process and what it is all about. Debt review, or debt counselling, is designed to rehabilitate a…
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Will Debt Review Impact Employment Opportunities?

Will Debt Review Impact Employment Opportunities?

When debt review was first introduced in South Africa in 2007, many employers did not fully understand the process, thus leading to a number of difficulties for employees undergoing debt review. Today, however, debt review should not have any consequences on a person’s current or future employment opportunities. In fact, going under debt review can…
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Can I Still Rent Property Under Debt Review?

Can I Still Rent Property Under Debt Review?

The process of debt review is a saving grace for those struggling to maintain regular debt repayments. While being under debt review helps extensively with your financial management responsibilities, it can also sometimes feel like you are limited by it. For example, you are unable to take out any new loans while you are under…
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