All articles and content related to Debt Advice
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 […]
Did you know that the fear of losing assets while under debt review is a genuine concern for people and prevents many from seeking debt counselling. However, the fear is unfounded as debt review protects your assets. Read: Car repossession rules while under debt review One of the numerous benefits […]
Debt accumulation is a fundamental part of the financial world, however, getting yourself into debt you can’t handle is not. There are ways you can combat your debt through the very thing rumoured to cause it – yip, your credit card. Most people overwhelmingly choose ineffective strategies for paying off […]
Buying a home is a significant milestone, and for many single women, it’s a testament to their independence and financial stability. While the journey may seem daunting, especially in a competitive market, being well-prepared can make the process smoother. This guide will help you navigate the home-buying process, from starting […]
Navigating the tax season in South Africa can be daunting, especially with the ever-changing regulations and deadlines. Understanding the process is essential to avoid additional debt and penalties. This comprehensive guide aims to demystify the tax season, providing valuable insights on filing returns, managing taxes, and dealing with debt. Read: […]
South Africans have welcomed the news of fuel price decreases, but the sharp rise in electricity costs somewhat tempers this relief. On the one hand, there’s some welcome relief at the petrol pumps, while on the other, electricity costs are on the rise. Navigating these financial fluctuations is crucial, especially […]
Accumulating debt is a fundamental part of the financial world, however, getting yourself into debt you can’t handle is not. There are ways that you can combat your debt through the very thing rumoured to cause it – yip, your credit card. Most people overwhelmingly choose ineffective strategies for paying […]
On June 1, 2024, President Cyril Ramaphosa signed the Revenue Laws Amendment Bill of 2023 into law, introducing a revolutionary two-pot system. This progressive legislation, set to take effect on September 1, 2024, is designed to cater to the dual needs of long-term financial security and immediate access to funds […]
Debt is a common financial challenge for many South Africans, impacting many individuals and households. Understanding the different types of debt and the options available to manage and eliminate it is crucial for maintaining financial health. This guide provides an overview of the different debt types in South Africa, including […]
The term over-indebtedness applies to those who currently have credit repayments that exceed their current income. In such cases, you could be turned down for a credit application as taking on the additional financial commitment could cause you to be over-indebted. Read: 10 Warning signs that you have a debt […]
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