Blog - Debt Consolidation

Blog - Debt Consolidation

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?…
Read More

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…
Read More

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.…
Read More

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…
Read More

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…
Read More

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…
Read More

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:…
Read More

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…
Read More

Learn More about the National Credit Act

The National Credit Act (NCA) was first established and then signed in 2005 to protect a consumer who enters into a credit agreement with a credit provider. A credit provider is someone, or a business, that provides their services to you on credit. An example of a credit agreement could be a credit card, store…
Read More

What to Look for in a Debt Counsellor

You may find that you have too much debt and are struggling to make ends meet. If this is the case, you might want to consider applying for debt counselling. Before you approach a debt counsellor, it pays to ask a number of questions about what a good debt counsellor is, and what you need…
Read More

Worried About Debt? Choose Debt Counselling

There are many South Africans who are battling to meet their monthly debt obligations. When you are struggling to pay your debt, you could let your creditors hand your debt over to debt collectors – or you can let debt counsellors help you deal with your debt. Wouldn’t it be better to take responsibility for…
Read More

Tips to Help Save on Your Energy Bill This Winter

As social distancing is our new ‘normal’ and we spend more time indoors, it is likely that we will be using more energy in our homes. There are a number of ways to reduce the amount of energy that we use within our homes, and still keep warm. Every bit helps, so even small changes…
Read More