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 [...]

We Can All Help Prevent SA Ratings Downgrade

By |2018-01-03T15:14:40+02:00June 29th, 2015|Credit Ratings Agencies, Debt, Ratings Downgrade, SA consumers|

Threat of SA Ratings Downgrade  South Africa is facing the threat of a credit ratings downgrade, in which case banks will be confronted with higher levels of bad debt, while consumers will be subjected to a rise in costs, according to the head of First National Bank (FNB), Jacques Celliers. Standard & Poor's (S&P), Moody's, [...]

How to Buy a Car without Driving Yourself into Debt

By |2016-01-12T13:45:30+02:00March 17th, 2015|Debt|

Just because you can afford something doesn’t mean you should go ahead and buy it. The best reward you can give yourself for all your hard work is to buy the car that suits your finances. We all too often forget about the cost of maintenance and depreciation in value when it comes to splurging [...]

The Aftermath of Avoiding Debt Review

By |2018-01-03T15:14:40+02:00March 17th, 2015|Debt|

Why is it that some individuals would prefer to grapple with their debt all on their own, making little progress and sinking deeper into the quicksand, rather than approach a debt counsellor about going under debt review? The truth is that many uninformed credit users still have an unduly negative perception of debt review due [...]

Pros and Cons of Debt Review

By |2016-01-12T15:00:20+02:00March 17th, 2015|Debt|

What are the pros and cons of debt review?  Having a debt counsellor assess your financial health to see whether or not you qualify to go under debt review, can only be considered a responsible decision and a positive first step towards paying back your credit providers and becoming debt free.However, many individuals are still [...]