All articles and content related to Debt Management
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 […]
Debt is a surprisingly common problem that many South Africans face. While there is good debt, where your overall financial standing will be improved, the more common cases are ‘bad debt’, ultimately costing a person more long-term. Borrowing money can look completely different from one agreement to the next. The […]
We are almost at the end of the year and it is quite possible that you are struggling to stick to your budget. It is tempting to give up and resign yourself to another year of bad budgeting with debt on your back. But you don’t need to be stuck! […]
Before applying for a student loan, you must consider several important factors carefully. Getting that university acceptance letter is only half the battle regarding tertiary education. You also need to find a way to pay for it; tertiary education is not cheap. You also need to take into consideration the […]
If you are considering debt review or loan consolidation, you must consider taking out a Credit Life policy. South Africa is facing so many uncertainties regarding the rising costs of living expenses and the recent grey listing status, which will ultimately also lead to an increase in debt. Read: Budget […]
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