Obtaining a garnishee order is one of the most successful ways for creditors to collect debt in South Africa. Did you know that a shocking 72% of South African income goes to debt. That plagues over 10 million individuals in the country with many of them suffering from mental and […]
It comes as no surprise that one of the leading factors of stress is related to financial burdens. While we’ve all heard that money won’t buy you happiness, we do know that it can buy some sense of financial ease. This is especially true in a time when money is […]
In life, there are a few purchase milestones we hope to reach within our career, one of the biggest ones being purchasing your first car. Therefore, it is imperative to consider all options and factors before deciding whether it is best for you to buy or lease a car as […]
Money is a tricky enough concept to figure out when you’re single and alone. Trying to make rent, eat food and somewhat survive is tough but throw another person into the mix and suddenly things start to become problematic. And while a long talk about the history of your credit […]
The millennial generation is the most educated generational group the world has had yet, in fact, many graduates are still celebrating their recent degree accomplishments. And so they should, for getting a degree is no small feat and an imperative step towards a sound financial future. However, only once the […]
Everybody knows there are a few hot-button topics that have the power to make even the tamest dinner conversation go nuclear: Religion, health, death and politics. However, it is money that is perhaps the most difficult topic of them all. Even though money is the leading cause of stress in […]
South Africans are becoming more heavily indebted, with interest rate hikes and the weak economy crippling households across the country. The problem has again been highlighted in the latest Gauteng City-Region Observatory Quality of Life Survey report, which shows that the levels of indebtedness in the province have risen across […]
New data shows that the age group with the largest amount of debt in South Africa is between 31 and 45 who collectively owe 53% of all outstanding debt. Debt management firm, Debt Rescue’s data showed that South African men and women have now become almost equal in the R1.64-trillion […]
South Africans are sinking under debt – and the credit amendment bill won’t pull us out. Quick cash and easy credit is available everywhere you look, but as SA faces off against a vicious credit storm, the new credit amendment bill presented by the ministry of trade and industry doesn’t […]
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