Blog - Debt Consolidation

NCA and NCR are often used interchangeably. One can be forgiven for thinking that these acronyms are a part of the spy world and not knowing exactly what they mean. Read on to find out more: The National Credit Act (NCA) In 2007, a new Act was made into law. Called the National Credit Act (the NCA), its…

You may be one of the many South Africans who are battling to meet their monthly debt obligations. A large number of consumers fall easily into the debt trap, without first carefully thinking about the consequences of opening a new store card, using their credit cards or borrowing money. However, it only takes one life-changing…

The vast majority of people begin their new year with goals and resolutions and the full intention of following through with them. You may decide to aim towards exercising more regularly, improving your knowledge or start a better eating plan as part of your new year’s goals. However, included in your resolutions for 2023, financial…

Debt review or debt counselling could bring one welcome financial relief. A person experiencing financial difficulties knows just how stressful this is for both himself and his family. Financial stress can cause havoc in a relationship. A person who is over-indebted is one who cannot meet his monthly financial obligations. An example would be using…

The end of the year is all but here. If you are one of the fortunate, you will receive a year end bonus. This is a well deserved reward for hard work throughout the past year. However, before making plans on how to spend your bonus, stop and think a moment about the upcoming year.…

If you are struggling with a huge amount of debt, and are unable to meet your monthly debt repayments, it is likely that you are over-indebted. You may have heard of debt review or debt counselling, but aren’t really certain if this is for you. You may feel a little biased towards the idea, believing…

The end of the year is fast approaching and many people are anticipating their holidays. However, December is often a time of excess spending, what with holiday visitors, Christmas celebrations and the like. 2022 has been a challenging year, but there are ways to ensure that you don’t fall into the cycle of December overspending.…

A large number of South Africans find themselves in a position of being unable to repay the debt they have incurred. A person who cannot repay his debt is referred to as being overindebted. Being overindebted can mean: Your disposable income does not last until your next payday Making late payments, or missing them altogether…

Whatsapp ‘refer’ to 067 941 8601 AND you can earn R1 000* by referring someone for one of our services.   The current economic state of South Africa has many of our friends, family members, and colleagues feeling severe financial distress. R100 does not stretch as far as it used to.  Unfortunately, a harsh economic…

If you find yourself drowning in debt and it feels as there is no way out, think about debt review. A study conducted by Genesis Analytics, in conjunction with the Financial Sector conduct Authority (FSCA) found that more than 50% of South Africans have too much debt. This, in turn, has resulted in 48% of…

You’ve likely heard the words ‘debt consolidation’ but are unsure what they mean exactly. A large number of South Africans find themselves in a debt trap with too many accounts to pay at the end of the month. Being in debt is a burden and can have severe emotional effects. However, there are ways in…

Money saving continues to be important, especially in South Africa’s current economic climate. Do you remember when you were a child, saving your 1 and 2 cent pieces in a piggy bank? As an adult, this may seem a little bit silly. However, saving is even more important once you begin earning your own income…