Blog - Debt Consolidation

Blog - Debt Consolidation

Stuck in the Debt Trap? Debt Review can Help

There is help available if you feel you are drowning in never-ending debt. If you do not know how to cope with letters of demand, phone calls from creditors, credit cards that are out of control, there is a way that can assist you to take control of your life. A debt review counsellor, one…
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One Debt | Take The First Step | Avoid-Debt.

What You Need to Know about Debt Review

You may have heard the term ‘debt review’, but are uncertain as to what it entails. Many consumers find themselves over- indebted. That is, they find themselves struggling to cope with the amount of debt they have. A large number of people are unable to meet their monthly financial obligations. Being in debt is stressful,…
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One Debt | Take The First Step | Onedebt-New

Is Debt Review for You?

If you are struggling to make ends meet, you may be experiencing a large amount of stress. Phone calls from debt collectors insisting on payment can have you worried. Not knowing if you can meet your financial obligations every month will place a lot of strain on you. It can impact your health and it…
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Why Debt is So Expensive

Purchasing an item using credit often can feel as though the purchase is ‘free’. This, however, is definitely an illusion. The debt you create costs you more than you anticipate. All debt has interest. In fact, the higher the interest rate, the higher the amount you’ll pay for your debt. This also means that the…
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Think ahead. Here are a few tips about how to avoid more debt.

With the rising cost of living, it is can be a challenge to avoid the debt trap. However, with careful planning and foresight, it can be done. Staying out of debt is possible. Avoiding more debt is a sensible plan. Following a few tips can help you stay in control. If you cannot afford to…
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One Debt | Take The First Step | energy-saving

Small Steps for Big Savings this Winter

Winter is here with a bang. Temperatures are falling steadily and the days are getting shorter. There are ways to save a little money this winter. Winter can be a large drain on your finances. Heating your home can mean a bigger electricity bill, but by following a few small steps and winter-proofing your home,…
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One Debt | Take The First Step | Avoid-Debt.

Is Debt Counselling for Me?

Debt counselling, or, as it is also known, debt review, is a legal process designed to assist those who are over indebted. For consumers to get out of debt, they need to take decisive action. This is where debt counselling can help. It is also important to note that this process is for those who…
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One Debt | Take The First Step | budget-1

The Importance of Drawing up a Budget – and Sticking to It

Like many of us, you may be a person who spends time worrying about paying the monthly bills. If you lose sleep over your financial worries, it can be said that you are allowing money to control you. However, you can take steps to control your money – and sleep better at night. What is…
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One Debt | Take The First Step | debt-relief-1

Debt Relief – More than Relief from Debt

Many South Africans have made use of debt counselling and debt review. Debt review is a highly effective way in which over indebted consumers can take control of their finances and become debt free. First introduced by the National Credit Act in 2007, debt review has assisted many South Africans since. According to statistics by…
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One Debt | Take The First Step | ncr-logo

The National Credit Act and the National Credit Regulator

You may have heard the names of each, but are not certain what they are. Here is a short summary of each: The National Credit Act (NCA) A new Act was made into law in 2007. It is called the National Credit Act (the NCA). The aim of the Act is to regulate how credit is granted, who can…
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Debt Review – What is the Process?

In 2007, debt review was introduced with the National Credit Act. Its purpose is to assist people who are battling to pay their monthly repayments on their debt. This includes loan repayments, store cards, credit cards and accounts. Consumer debt remains high, with many households finding themselves looking for assistance in repaying the monies they…
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One Debt | Take The First Step | Debt-review

Debt Review Explained

Being in debt can result in anxiety. It often causes marital strife. Studies show that 9 out of 10 South Africans are worried about being able to pay their monthly bills and debt payments. They also show that South Africans are paying 75% of their income on debt, resulting in only a quarter of their…
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