During 2011 there were many developments in the industry, such as key judgements that occurred in the High and Supreme Courts, as well as the launch of an industry agreed system call DCRS that allowed for agreed concessions from all the major credit providers. Here are some of the major milestones. • DCRS launched in […]
Comments are closed.
More related posts on Debt Counselling
As the South African economy is going through testing times, with increases in electricity, petrol and food costs, people’s incomes have lost its purchasing power, leading to high reliance on credit for day to day consumption. This has tipped many consumers over the financial edge and more and more consumers are turning to debt counselling to help them manage their finances.
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 in the National Credit Act (NCA), which became fully effective on June 1 this year, and applies to credit agreements entered […]
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 looking to borrow more money? Are you tired of struggling to make ends meet and worrying about money? If so – […]
Below are some top tips for getting yourself out of debt. • Pay back more than you have to. Top up minimum payments on credit cards to bring down the balance. • If you’re having trouble managing your debt, stop using credit cards until you’ve reached your goal. • If you want something, don’t buy […]