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So far Clickme has created 18 blog entries.

SA’s Economic Growth Prospects Improving

By |2018-01-03T15:14:38+02:00May 10th, 2016|Credit Ratings Agencies, Economic growth, Ratings Downgrade|

This week, at the World Economic Forum (WEF) on Africa 2016 held in in Rwanda, the government has the opportunity to restore confidence in South Africa’s economy. Our country’s economic growth prospects have improved since dodging a possible ratings downgrade to junk status. Moody’s Confirms Rating On Friday, the country’s spirits were lifted after international [...]

10 Spending Don’ts to Help You Save

By |2018-01-03T15:14:38+02:00May 4th, 2016|credit, Debt, SA consumers|

Since the start of 2016, consumers have been spending a lot more, after being hit with one price increase after the next. It has become glaringly evident that we all need to learn how to make every rand earned stretch and we need to do this ASAP. One of the simplest ways to make ends [...]

Credit Ombud Receives Fewer Complaints over EAOs

By |2018-01-03T15:14:39+02:00April 18th, 2016|Uncategorized|

Credit Ombud Annual Report The High Court case between Stellenbosch’s Legal Aid Clinic (LAC) and Flemix & Associates last year is unquestionably behind the Office of the Credit Ombud receiving fewer complaints about EAOs. Credit Ombudsman, Nicky Lala Mohan said this at his annual report last week. EAOs EAOs or emoluments attachment orders require the [...]

How to Achieve Financial Freedom

By |2018-01-03T15:14:39+02:00April 8th, 2016|Uncategorized|

Achieving financial freedom is no stroll in the park, but it’s undoubtedly an incredibly worthwhile endeavour. Money. We all spend it to survive, some of us see it as a measure of success, a handful of us save it to build a financially secure future, and most of us stress over it, as there is [...]

SA Consumers to Pay Less for Credit Insurance!

By |2016-01-11T13:40:03+02:00November 16th, 2015|credit, National Credit Regulator, predatory insurance sales, unlawful insurance cover|

Cap on Maximum Credit Insurance Premiums On Friday, 13 November 2015, the Department of Trade and Industry (dti) released draft legislation, proposing the maximum premium chargeable on credit insurance be capped at a much lower rate. Credit life insurance writes off a consumer’s debt, in the event of death, unemployment or other circumstances that leave [...]

The NCR Strikes Back – 5 Loan Sharks Arrested!

By |2018-01-03T15:14:39+02:00September 16th, 2015|loan sharks, National Credit Act, National Credit Regulator|

In Breach of the NCA After investigating 21 lenders based in Cape Town and surrounding areas, 5 loan sharks were arrested last week for violating the National Credit Act (NCA). With the aid of the police, the National Credit Regulator (NCR) raided the premises of suspected loan sharks in Woodstock, Wynberg, Goodwood, Bellville, Strand, Robertson, [...]

South African Men Spent R21M in Credit on Ashley Madison!

By |2018-01-03T15:14:39+02:00September 3rd, 2015|credit, credit cards|

The End of the Cyber-Affair  You may have read all about the scandalous security breach of the adulterers’ dating website, Ashley Madison, eclipsing the news and hooking readers all over the globe, since its announcement last week. Just to play catch up, Ashley Madison is a Canadian social networking or paid online dating service for [...]

Lax Administrators, Reckless Banks & Unaware Consumers

By |2018-01-03T15:14:39+02:00August 25th, 2015|debt administration, National Credit Act, National Credit Regulator, SA consumers|

Administration vs. Debt Counselling Credit providers are recklessly and unlawfully granting credit to consumers who are under debt administration, to the apparent indifference of their administrators. An administration order is an outdated debt relief method regulated by the Magistrates’ Courts Act (MCA), for consumers whose debts are below R50 000 in total. Whereas, debt counselling is a [...]

A Predator in the Retail Business – JD Group

By |2017-03-27T14:07:20+02:00August 11th, 2015|predatory insurance sales, SA consumers, unlawful insurance cover, unscrupulous insurance|

Unscrupulous ‘Uncle’ JD After exposing JD Group for unlawful disability and retrenchment insurance sales to pensioners, the National Credit Regulator (NCR) has requested that the National Consumer Tribunal (NCT) fine the unscrupulous multinational. The retail conglomerate comprises Joshua Doore, Russells, Morkels, HifiCorp, Bradlows, Barnetts, Electric Express and Pride ‘n Price. In addition, the regulator has called [...]

Debt Review Restrictions

By |2018-01-03T15:14:39+02:00July 27th, 2015|debt review restrictions|

The debt review restrictions and rules, under the National Credit Act (NCA) were put in place to protect consumers from reckless credit providers, over-indebtedness and their own misuse and abuse of credit. Nevertheless, depending on your personal situation, debt review restrictions can really trip you up in some cases. Before committing yourself to any legal [...]