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Category: Debt Review
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Are you struggling to manage your finances and find yourself deep in debt? Have you tried to tackle these financial difficulties with tools that have left you worse off than before? Are you constantly...
Taking out a store card is easy as shop assistants offer them on a regular basis, especially at point of sale. But with their high interest rates are they really a good idea? What are store cards? Store...
DebtBusters CEO, Ian Wason, provides YOU Magazine with expert advice on the consumer debt trap. Debt is a fact of life for many South Africans but are you paying much more than you have to? Here’s advice...
According to the National Credit Regulator (NCR), credit bureaus have reflected that to date, there are 20.08 million credit active consumers in South Africa. Of the 20.08 million South African consumers,...
Do you have prescribed debt? Prescribed debt can be explained as old debt that has not been acknowledged over a period of three years. More specifically, a debt is prescribed if: You have not acknowledged...
  DebtBusters is seeing a large increase in applications from individuals under debt counselling with other debt counsellors. They want to move to DebtBusters for various reasons, most commonly a...
October 6, 2007 By Laura du Preez Debt counselling is expected to offer people who are over-indebted a way to negotiate a more affordable repayment plan with their creditors. The process is provided for...
September 17, 2007 By Tonny Mafu Johannesburg – Relief is in sight for South Africa’s heavily indebted poor households. The National Credit Regulator (NCR) said last week that it had set up...
From www.persfin.co.za by Neesa Moodley-Isaacs The Debt Counsellors Association of South Africa has proposed certain guideline fees for debt counsellors that should help you to know what you will pay if...
Fri, 25 Jan 2008 DEBT MANAGEMENT From mymoney.co.za by Iona Minton Question: I have debt totalling R150 000 comprised of amounts ranging from R3000 to R30 000. I am unable to afford the monthly minimum...
The South African Banking Risk Information Centre was proved correct last week as the public was warned to be careful of false promises from Debt Counsellors who may be abusing their profession and the...