Should you pay your creditors directly while under debt counselling?
Sometimes consumers try to pay their creditors themselves because they’re trying to avoid paying the Payment Distribution Agent (PDA) fees for distribution, says Awie Coetzee, a debt counsellor...
Your rights regarding debt
Debt if not managed properly can ruin your life. For many one of the first red flags is usually receiving countless calls from creditors and debt collection agencies....
You can emigrate, but you can’t escape your debt
If you are burdened with debt, you might have considered going overseas and leaving your baggage of debt behind. Some people hope that their debt will then somehow...
Options for debt relief – Debt counselling vs debt consolidation
We break down two of the ways that can help you clear debt. Consolidate your debt A debt consolidation loan is a powerful tool that helps to simplify...
Debt Trapped South Africans Have These 3 Options Available To Them
Even if you don’t buy into all the mainstream New Year’s resolution hype, you can’t deny the fact that there is a moment (sometimes just a fleeting moment)...
Do’s and don’ts when you’re over-indebted
Having too much debt can keep you from reaching your financial goals. This is why you need to manage your money wisely to ensure that this does not...
What does the all-time low repo rate mean for you?
What does the all-time low repo rate mean for you? The South African repo rate currently sits at 3,5% - the lowest in over 20 years. How does...
5 warning signs you might be ready to have a chat about Debt Review
With this COVID-19 pandemic still looming over everyone’s heads, and the fact that many businesses are struggling to stay open, the reality is that many South Africans are...
Can’t afford your rent? Don’t worry, just don’t pay
“Can’t afford your rent? Don’t worry, just don’t pay” is just about the worst advice someone could give you. But incredibly, with Coronavirus and the lockdown, this sort...
Am I blacklisted? What can I do to fix this?
There is this general idea held by consumers that if you don’t pay your bills, you can become ‘blacklisted’. In reality there is actually no such thing as...