If you have no experience with how debt review works, you probably want to know what the car repossession rules may be. For example, will your car be safe? Does being under debt review mean giving your vehicle back to your creditors? We know it can be intimidating when all […]
There are great concerns in terms of the future of South Africa and its current financial state. There are many who believe that South Africa will need to make political changes in order to meet economic demands. With the upcoming elections, all political parties are making promises in terms of […]
There are numerous debt review and financial rescue misconceptions that individuals accept over time. Having inaccurate or inadequate information can undermine your capacity to choose the correct debt solution for your money related situation. Below, we take a look at a few misconceptions that have plagued the debt relief industry […]
The reality of debt and taxes can be quite daunting for South Africans navigating their finances. Luckily, there are some steps you can take to prepare yourself and your finances for the tax changes. The Implications of Debt and Tax Adjustments on South Africans If the tax brackets and rebates […]
Prescribed debt is an interesting scenario that people who utilise credit across South Africa should know more about. It’s not common, but if caught off guard, you could be responsible for a debt you don’t need to pay. Read: 10 Warning signs that you have a debt problem What is […]
The past few years have been quite challenging for South Africans, with interest rates and inflation constantly rising. Concerns increase as statistics indicate debt levels for those with a salary of R20,000 or more continues to grow. The latest stats reveal that households are currently spending two-thirds or more of […]
Are there consequences, and what exactly happens when you skip a payment while under debt review? In this article, we answer all these questions and provide best practice principles for when you are under debt review. The National Credit Act of 2005 is in place to ensure that those who […]
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