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 [...]
Count Down to Debt Free Life From application to clearance certificate, debt review duration hinges on how long it takes to settle all of your unsecured debts. Even more so, the duration of debt review relies upon whether or not you honour your monthly commitments unfalteringly, as skipping one payment automatically terminates the debt review process. Debt [...]
The newest SA Consumer Confidence Index (CCI) indicates that our perspective of the current economic environment has plummeted to a 14-year low. We are all feeling the effects of slow economic growth, as the price of consumables, services and utilities continues to rise. CCI plunged from 0 to -4 from the last quarter of 2014 [...]
