Overdraft facility explained
Having your card transaction declined when you are making a purchase can be embarrassing. Being penalised for having insufficient funds in your account is even worse. However, banks...
Should you pay off your credit card with a loan?
A credit card can sometimes feel like a burden, but taking a personal loan to pay it off may not be the best decision. In your effort to...
Keep your credit card safe on Black Friday!
Black Friday will come and go, but the debt that you will incur will haunt for some time. It’s that time of the year again where we’re going...
Are you abusing your credit card?
Having a credit card is important but make sure you don't abuse it. The second quarter of 2018 saw an increased consumer appetite for credit cards. This facility...
Credit facilities – the most popular debt in South Africa
Consumer appetite for credit facilities has increased according to the Credit Market Report (CCMR) published by the National Credit Regulator (NCR) in April. The report showed that there...
Don’t accept a credit limit increase offer without doing these four things
You have been receiving constant calls from your credit provider, offering to increase your credit limit. You jump for joy thinking of the shopping you could do with...
Can debt consolidated using a credit card
When paying off debt from several accounts, it may be wise to consolidate it into a single account. This assists you in paying off your debt faster by...
Why people in their 20s and 30s should learn about credit rights
It’s easy to be carefree about money when you are young and in your 20s and early 30s as the burden of having to pay back the money...
Why you should consider a second credit card
Yes it’s true, the MoneyShop team spends a lot of time giving you tips on how to streamline your financial affairs and keep additional, non-essential expenses at bay....
The difference between credit/debit cards and general-purpose reloadable cards?
It looks like a credit card and works like a debit card so is there really a difference between credit/debit cards and general-purpose reloadable cards? The answer is...