All articles and content related to Debt Advice
A letter of demand can come in many forms, via email or as a registered letter to your home or place of business. But what happens if you decide to ignore an official letter of demand? When you receive a letter of demand, the best course of action is to […]
Creditors usually start sending a Section 129 letter, also called a Letter of Demand, twenty business days after an installment was due. You then have ten days to either pay the debt or respond to the letter with some recourse. It’s important to know that a section 129 letter […]
As Worker’s Day approaches, it’s a sensible time for South African workers to reflect on their financial well-being and explore tips to enhance their financial security. Whether just starting your career journey or nearing retirement, implementing sound financial practices is essential for long-term prosperity. In this article, we’ll share 15 […]
As South Africa commemorates Freedom Day on the 27th of April, it’s an opportune moment to reflect not only on the country’s journey towards democracy but also on our personal freedoms, particularly financial freedom. Amidst the celebrations and reflections, there’s no better time to break free from the shackles of […]
In today’s digital age, convenience often comes at a cost, especially when managing finances. Proxy payments, while convenient, can pose significant risks to South African individuals’ financial health. In this article, we’ll delve into what proxy payments are and why you should avoid them to prevent debt. Additionally, we’ll explore […]
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 of the above. However, not all debt is bad, in fact living a completely debt free life is […]
Retiring with debt presents a unique challenge for South Africans, requiring careful planning and informed decision-making. Our comprehensive guide explores practical strategies and expert advice to help individuals effectively manage debt and achieve financial security during retirement. Join us as we explore a South African perspective on navigating retirement with […]
Are you looking to save money or cut down on debt? Changing banks might be a smart move. With so many options available, knowing which South African bank will truly help you save money is essential, especially in the long term. Let’s dive into the details of ABSA, FNB, Nedbank, […]
As Easter is fast approaching, families across South Africa are looking for ways to celebrate without overspending or going further into debt. Fortunately, there is an abundance of budget-friendly activities that promise fun for the whole family. From outdoor adventures to creative crafts and a movie night, you can do […]
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 […]
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