Caught in the debt trap?

2014-04-17 08:10

Help us help you by completing our 2nd annual Debt survey and you could win R3 000 in cash!

Widespread credit amnesty confusion

2014-04-10 16:03

South African consumers seem to be very confused about the implementation of the credit amnesty on April 1, according to the credit bureau TransUnion.

Unfit debt counsellors

2014-04-10 12:08

Advice for a Fin24 user on how to deal with an incompetent debt counsellor.

Can you afford to look after your parents?

2014-04-04 10:21

Saving money can be difficult and isn’t always fun to do, but in the long-term it will help you and your family.

UK to probe credit card market

2014-04-03 13:41

Britain's financial watchdog will investigate the credit card market to assess if people in financial trouble are being treated fairly.

Chinese coal firms creak under heavy debt

2014-04-02 11:26

China's top coal-producing province of Inner Mongolia is in crisis, and the outlook for miners across China is grim.

Credit cleansing for consumers

2014-03-31 20:45

Consumers are urged to approach credit bureaus as the much anticipated credit amnesty kicks in.

My debt-busting strategy

2014-03-27 12:25

Is it better to keep your house - or to sell it to pay off your debt? A Fin24 user who plans to do just that shares his story.

Insolvencies are on the rise again

2014-03-24 19:55

Very little progress has been made in reducing the household debt-to-disposable income ratio, warns an expert.

How to take control of your debt

2014-03-24 11:11

Stop being ashamed of your situation, and take charge of your debt crisis with debt counselling.

Sinking deeper into debt

2014-03-20 11:14

A user is way more in debt despite having been under debt review for years.

Africa's rush to borrow stirs concern

2014-03-18 09:25

As African states line up to join the growing club of dollar bond issuers, analysts warn of a slide back into indebtedness that could undo recent economic gains.

Support for tighter credit regulation

2014-03-12 18:11

While the national credit amendment bill faces strong opposition from many credit lenders, there is also some support in the industry for stricter regulation.

Consumers still battling to bring down debt

2014-03-04 14:30

A new index shows South African households are still struggling with debt, despite a significant surge in the nominal value of their net wealth.

Fresh start for millions of consumers

2014-02-27 20:00

South Africans with paid-up default judgments against their names at credit bureaux are set to have their adverse records cleared in the next few months.

I struggled to learn how to budget too!

2014-02-25 14:30

This reader shares her experiences with trying to stick to a budget in response to Lili Radloff's newsletter.

Gigaba: Govt shields consumers from poverty

2014-02-21 11:32

Several government programmes have cushioned South Africans in general from the harsh effects of poverty, says Public Enterprises Minister Malusi Gigaba.

Consumer debt bites retailers

2014-02-20 21:17

Clothing and credit-based furniture retailers Truworths and JD Group wrote off consumer debt totalling over R1bn in the six months through December.


Debt is taking a toll on cash-strapped South Africans and many will be looking to Finance Minister Pravin Gordhan's budget speech for some sort of relief.

0 comments909 Views

Debt counselling

2014-02-19 07:20

Answers to three questions about debt counselling that may help you.

Making debt counselling work

2014-02-18 14:55

A Fin24 user says debt counselling is working for her, but she questions certain ways in which her debt counsellor and her bank operate.

Dealing with administration orders

2014-02-13 17:02

A Fin24 user, who has an administration order against him, wants to get his life back on track.


Almost half of South Africa's credit active consumers are struggling with debt, according to the latest statistics released by the National Credit Regulator, reports the SABC.

0 comments389 Views

Caught in the debt trap?

2014-04-17 07:43

Help us help you by completing our second annual Debt Issue survey and stand a chance of winning R3 000 in cash!

Not winning the debt battle

2014-04-10 14:10

A Fin24 user is struggling to pay off her debt and is advised on how to apply the important in duplum rule to her benefit.

How to handle an incompetent debt counsellor

2014-04-08 14:59

A Fin24 user wants to know how to deal with an incompetent debt counsellor, who caused her to lose her vehicle.

Russia hikes gas price for Ukraine

2014-04-03 16:15

Russia has increased the gas price for Ukraine and urged Kiev to pay its debt, stepping up pressure on an economy already on the brink of bankruptcy.

Gauteng drivers 'owe e-tolls R543-m'

2014-04-02 13:36

Gauteng drivers owe more than a half-billion rand in e-tolls since the system started in 2013, says transport minister Dipuo Peters. And R54-million has gone on "collection of debt".

Creditors allowed to ignore debit order dates

2014-04-02 09:41

All companies that use debit orders to collect payment may submit orders on any working day of the month, and help themselves if there is money in the account.

Households credit wary amid rate hike fears

2014-03-31 11:49

SA households are trying to reduce their vulnerability to future interest rate hikes by keeping their credit growth more in check, says an expert.

Europe to loosen repackaging debt rules

2014-03-27 16:45

The European Union will loosen rules on selling securitised debt, the bloc's regulatory chief says.

Bad debt hits Capitec growth

2014-03-26 11:04

An increase of 50% in the provision for bad debt as clients battle to repay loans has impacted heavily on Capitec Bank’s annual earnings.

How to take control of your debt

2014-03-25 10:30

Stop being ashamed of your situation, and take charge of your debt crisis with debt counselling.

Rains, debt drive Indian farmers to suicide

2014-03-24 12:27

Unseasonal rains and hailstorms which have driven millions of Indian farmers into debt have had a deadly effect.

The downside of being under administration

2014-03-20 12:58

Many consumers under administration don’t realise the monthly costs involved and interest that is increasing, an expert warns a Fin24 user.

Keep your credit record healthy

2014-03-18 10:12

Because, these days having a bad financial rep also jeopardises your chances of finding a job.

Under debt review, yet sinking ever deeper

2014-03-17 10:23

A Fin24 user was shocked to discover that she is way more in debt despite having been under debt review for a number of years.

Global debts soar in wake of credit crunch

2014-03-10 07:47

The global amount of outstanding debts reached $100trn in mid-2013 because of large-scale issuing of bonds by governments and firms after the financial crisis.

No more reckless lending to consumers

2014-02-28 05:30

MPs have given the green light to a bill which will see tougher new measures governing credit providers in a bid to address loopholes in the credit act.

Gordhan worries about consumer debt

2014-02-26 14:34

The level of over-indebtedness of households is concerning, says Finance Minister Pravin Gordhan.

I struggled to learn how to budget too!

2014-02-24 12:41

This reader shares her experiences with trying to stick to a budget in response to Lili Radloff's newsletter.

Debt woes

2014-02-21 10:58

A Fin24 user questions ways in which her debt counsellor and her bank operate.

JD Group bleeds as customers can't pay debt

2014-02-20 12:04

Furniture retailer JD Group has swung to a first-half loss and suspended its dividend, hit by a near-doubling of money set aside to cover customers' unpaid debts.

STUDIO: The budget and cash-strapped consumers

2014-02-19 08:09

Debt is taking a toll on cash-strapped South Africans and many will be looking to Finance Minister Pravin Gordhan for some relief.

Beat the debt monster

2014-02-18 06:45

Take these three simple but effective steps to help manage your debt.


It is sad that consumers are borrowing money to pay for groceries and school fees, says a top official from the National Credit Regulator.

53 comments 8415 Views

Small businesses highly vulnerable - FNB

2014-02-12 11:15

The sluggish economy is likely to impede potential growth of small businesses, yet a loan is not always the only option in tough times, says an expert.

  • Thursday Parow - 16:21 PM
    Road name: N1 Outbound
    HEAVY DELAYS between the N7 Highway and the Durban Road exit
  • Thursday Cape Town - 16:21 PM
    Road name: N1 Outbound
    DELAYS between Marine Drive and the M5 Koeberg Interchange
More traffic reports...

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now! - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! Offer valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.