Debt Management

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Section 129 letter

section 129 letter

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 […]

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Credit Life Insurance Explained

credit life

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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