The consumer spending boom has to a large extent been fuelled by credit. But the National Credit Act, which will take effect on June 1, is likely to rein in the lend-and-spend party. Neesa Moodley reports on what the Act will mean for you, the consumer. May 26, 2007 By Neesa Moodley Financial institutions, retailers, […]
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At DebtBusters, we want to make sure that you stay well informed and that you know your rights when it comes to the topic ‘debt’.
Many consumers with ‘old’ debt end up paying off the debt, even though they are no longer liable for it, due to the fact that they are unaware of what the law says.
OK, so you are not balls to the wall in debt, but it’s there, and it’s a niggling worry. Employees are spending huge amounts of energy and time worrying about their debts. This not only affects the individual but the employer as the employee will be under considerable stress which leads to a decrease in […]