Just as the South African Rand changes its design occasionally, so do tax laws get revised and revamped. The time of the year has fallen upon us for the National Treasury to publish the annual draft of tax law amendments, and this year, it is bringing non-compliant taxpayers into the […]
With the interest rates continuously rising, more and more South Africans are struggling to keep up with their debt. Recent stats have revealed that many South Africans spend 65% of their net income on servicing debts. The snowball continues to grow, leaving more South Africans struggling to make ends meet. […]
If you are experiencing financial difficulties, you may have come across consolidation loans (also known as debt consolidation). Many people confuse debt consolidation for debt review, but the two are actually entirely different processes.
Times have changed, and rent-to-own is now a possibility for almost any item in your home. For those who need a new vehicle, there’s even the option of rent-to-own cars. But is this a good idea? Let’s take a closer look at what this means and if it really can […]
As the Rand has weakened, the past couple of years have been a wild time riding the rise of inflation and repo rates. The constant increase in expenses has been hard on South Africans, particularly for those in debt. The Rand is slowly but surely strengthening in value, which comes […]
With the cost of living increasing, more and more South Africans need help to make ends meet. This has led to an increase in debt as credit cards are being used more frequently. It is a cause for concern as the number of SA residents struggling to make ends meet […]
It’s been a rough few years for South Africans, and consumers are having to find new ways to cut expenses to make it every month. With prices of everything continuously increasing since late 2021, more SA residents are struggling to keep their heads above water. The latest data by Old […]
So, you took the first step and decided to be under debt review, but you may wonder, “What happens after debt review?” Or perhaps you’re considering tackling your debt head-on, but you wonder what the future holds. Once you’ve paid off all of your debt, a few things will take […]
If you are behind on your debt payments, you may have come into contact with debt collectors. These are independent individuals or organisations creditors hire to follow up with debtors who have overdue repayments. You may be worried that a debt collector will show up and bully you with physical […]
A debt reduction strategy is the only way to get out of debt permanently. You need to become a debt-dung beetle! You may be wondering what a dung beetle has to do with being debt free. The humble dung beetle packs animal dung into a tight ball and rolls it […]
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