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...
Is debt counselling a better alternative to debt consolidation?
The first thing that comes to mind when over indebted and seeking debt relief, is debt consolidation. This eliminates the trouble of dealing with multiple creditors. However, 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...
No will? The law will choose who inherits your assets
Dying without a will, otherwise known as intestacy, is common in South Africa. This is a big mistake as the possessions of the deceased may then be distributed...
Aesthetic cars attract higher premiums
While an expensive, high-performance car like a Ferrari or Aston Martin is a dream come true for some, it can have a negative impact on your insurance premiums....
The price you pay for lying to your insurer
A third of insurance claims have an element of dishonesty according to the South African Insurance Association (SAIA). This happens even though insurance is based on the principle...
What you should know when buying car insurance
Buying a car may be a huge achievement, but it comes with many responsibilities. One of those is ensuring that the car is protected in the event of...
Car loan or home loan – which one should you take first?
Let’s admit it, having your own wheels gives you the freedom to travel wherever you want, whenever you want. You don’t have to stand in queues, waiting for...
Collateral – the main difference between a secured and unsecured loan
Deciding on the type of loan to take normally depends on the circumstances. For instance, when buying a house, one may be spurred to take a secured loan,...
This is how interest rates affect your loan repayments
On 27 March, the South African Reserve Bank (SARB) cut interest rates by 25 basis points. Of course, this was a welcome change to South Africans, who are...