Exchanging cash with family members? Get a contract
Lending money to a family member is always a complex issue. When it comes to lending money to family, there is always emotion involved. Some people say that...
Debt Mediation: Why you shouldn’t consider it
Why is no one talking about debt mediation? When consumers find themselves unable to pay their monthly debt instalments, they sometimes stumble on unadvisable programmes such as debt...
Debt collection fees: Here’s what you didn’t know
Some South Africans are indebted to the point where they can longer afford the monthly instalments for their debts. Many consumers would rather deal with debt collectors than...
Emoluments Attachment Order: Here’s what you need to know
Be on top of your debt before creditors garnish your salary. Many South Africans are up to their eyeballs in debt. This has led to them missing their...
5 myths about women and debt – myth 4 will surprise you
We spoke to debt experts to debunk some of the myths surrounding women and debt. Women will shop till they drop … banks are not that keen to...
Your credit report explained
Financial savviness starts with little things such as understanding your credit report. Many consumers are either not educated about their credit reports or reluctant to check them. This...
Credit life insurance explained
Life has so many uncertainties. There is no guarantee that you will still have your job tomorrow. You don’t know if you will still be able to walk...
Debt after death – is it your responsibility?
You know that your loved one incurred some debts while they were still alive. The house is not paid up. The car that is parked in the garage...
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...
Loan scams: How to protect yourself from loan scams
The current economic situation we’re experiencing in South Africa has created a strong appetite for credit. Often consumers need to borrow money out of desperation just to help...
