One thing that is undeniable is that an increasing number of South Africans are really feeling the pressures of credit and falling into a debt trap. These financial pressures are making it extremely difficult for many South Africans to get ahead of all their debts. South Africans have a debt […]
The numbers don’t lie – there’s over R2.5 trillion in personal debt in South Africa right now. Even more staggering is that R70 billion to R100 billion of that belongs to consumers already undergoing debt counselling. According to Benay Sager, Chairperson of the NDCA, South Africa has a world-class debt […]
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 […]
In September 2024, the South African Reserve Bank (SARB) finally delivered some financial relief, cutting its repo rate by 25 basis points (bps) from 8.25% to 8.00%. The rate cut indeed kicked-started a gradual interest rate easing cycle after more than four years without cuts. Although an apparently small adjustment, […]
The two-pot system is officially live after being signed into law on 1 June 2024 by President Cyril Ramaphosa. The new two-pot system came into effect on the 1st of September 2024, and many South Africans are rushing to reap the benefits – But caution should be used! Previously, we […]
The first rule of thumb with the Debt Review journey is that you need to entrust your finances with reliable debt counsellors. While an array of debt review specialists are available online, selecting the first Google search result isn’t always the best idea. It would be advisable to find an NCR-registered debt […]
In a world where every cent counts, discovering affordable grocery stores or supermarket options is cardinal for your overall spending and monthly budget. On the upside, South Africa is home to several fantastic supermarket chain stores renowned for their wallet-friendly prices and enticing deals. In this article, we explore the […]
September is a beautiful month for South Africans. It marks the turning of seasons and the celebration of our diverse cultures. We’ve got an entire day set aside to celebrate where we come from and how it connects us. The question many South Africans currently have is how they can […]
Have you recently been behind on your debt payments? If yes, you may have come into contact with debt collectors. Debt collectors are independent individuals or organisations that creditors hire to follow up with debtors who have overdue repayments. If you are worried that a debt collector will show up […]
Do you have a lot of debt and struggle to keep up with your monthly payments, worry not – you don’t have to handle the stress of counting your cents to survive any longer! Believe it or not there are options available that could change the way you spend and […]
1ST FLOOR ICON BUILDING
24 HANS STRIJDOM AVENUE
CAPE TOWN
WESTERN CAPE
8000
Registered in terms of the National Credit Act – NCRDC 4077