When you’re under debt review, making manual repayments every month can slide through the cracks easily. This is why the Debicheck option is a great way to make sure your repayments are always on time and up to date. If you’re not sure how to use Debicheck as a South […]
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 […]
Today being in debt is a fact of life. No matter who you are or where you live, chances are you’re in debt, either from mounting credit cards, personal loans, or all the above. However, not all debt is bad, in fact living a completely debt free life is not […]
If you’re struggling with debt, you are one of many South Africans stuck in the money-trap. Debt is a major problem in the country and it is necessary for South Africa’s economy to find a solution to this issue – for both the nation and the citizens. From your own […]
How to avoid blacklisting is a common question. However, “blacklisting” isn’t used in the credit industry. This is because the credit bureaus now keep both the bad and good aspects of your credit history, whereas previously they used to keep only the negative information. Read: Demystifying What Blacklisting Means in […]
If you are experiencing financial difficulties, you may have come across consolidation loans (also known as debt consolidation). Many people confuse debt consolidation for debt review, but the two are actually entirely different processes.
Living with debt may seem like the ‘norm’ these days but debt has the potential to damage our lives in a far less normal way. Carrying too much debt can cause more than budgeting problems; it can cause stress and personal problems, too. Experts today say that your mental and […]
A debt reduction strategy is the only way to get out of debt permanently. You need to become a debt-dung beetle! You may be wondering what a dung beetle has to do with being debt free. The humble dung beetle packs animal dung into a tight ball and rolls it […]