Scared of going to jail for not paying debt

2015-04-13 17:23

A Fin24 user wants to know if one can go to jail for not paying your debt.

Impact of high credit limit on credit score

2015-04-10 14:22

A Fin24 user wants to know whether the high credit limit on his credit card could impact his credit score.

How long for credit record to clear after debt review?

2015-03-27 07:22

A Fin24 user has finished a debt review programme and wants to know how long it will take for her name to be cleared on her credit report.

SA to maintain debt at sustainable levels

2015-03-24 13:30

South Africa will aim to maintain debt at sustainable levels, stabilising at 43.7% of GDP, the Treasury reiterated in a presentation in parliament.

Borrowed R8 000, now bank demands R40 000

2015-03-16 14:07

A Fin24 user who borrowed R8 000 and three months later lost his job, says the bank now demands R40 000 after he settled his debt a few months later.

Millions of consumers use small loans to buy food

2015-03-11 16:29

Over half of SA's credit active consumers are over-indebted and micro-lending affects many in poorer communities, says the SA Human Rights Commission.

Advice for an over-indebted mom

2015-03-09 14:45

A single mother who is struggling to make ends meet wants to know how to free up money so that she can buy a car to take her son to school.

Church plans interest-free loans for indebted

2015-03-04 19:51

A Harrismith church wants to start offering interest-free loans to the indebted to save them from the clutches of money, Beeld reports.

No payment for debt under administration

2015-03-02 16:07

A Fin24 user, who has neglected to pay his debt for ten years, wants to know his options.

Nazmeera Moola: Budgeting 7.7% more for public sector wage bill “sends wrong message”

2015-02-26 16:12

Nazmeera Moola, is sanguine about most aspects of Budget 2015 – including the opportunistic timing of the R17bn extra fuel tax.


How to pay off debt faster

2015-04-13 12:35

Expert advice for a Fin24 user who is looking for the best option to pay off her car loan more quickly, as well as valuable food for thought.

Household credit growth sinks to five-year low

2015-03-31 06:00

Growth in the total value of outstanding credit balances in the South African household sector has hit its lowest level since January 2010, says Absa.

R10 000 car payment worries user

2015-03-27 07:19

A Fin24 user who pays R10 000 for his car instalment and suspects he may be overindebted, seeks advice.

MicroFinance goes to court over service fee cap

2015-03-17 07:58

MicroFinance South Africa has issued an urgent application against the National Credit Regulator and the DTI, declaring them to be in contempt over service fee caps.

R13bn lower oil consumer boon not enough

2015-03-15 12:44

An amount of R13bn has to date been injected back into the pockets of South African households due to lower oil prices, says an economist.

High salary earners struggle to make ends meet

2015-03-10 13:09

About 70% of South Africans earning up to R1m in annual salaries are overextended with no investible assets, according to research by Old Mutual Wealth.

Zim needs credible plan to clear arrears - IMF

2015-03-04 21:15

The IMF says it will consider extending new financial support to Zimbabwe only if it agrees to clear arrears with international financial institutions.

Credit rating is like a friendship - expert

2015-03-02 16:32

A Fin24 user is frustrated because he cannot get any credit at financial institutions, despite having come out of debt counselling.

Debt and dementia

2015-03-02 13:55

Advice for a Fin24 user whose elderly father-in-law had a stroke and ran up huge debts which the family is now unable to repay.

Nene faces toughest test yet over SA budget

2015-02-25 07:11

The budget presents Finance Minister Nhlanhla Nene with his biggest challenge yet, as SA desperately needs him to set it on a new path - fairly and reassuringly.

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