Our debt-to-GDP ratio is growing, we're running a problematic current account deficit, state-owned companies are a drag on the economy and our bloated public service wage bill needs to be trimmed. We're running out of money, and fast.
More than 40% of SA consumers are technically over-indebted and most of them cannot make further adjustments to their budgets, warns a debt expert.
While motorists can expect a further 60c drop in the petrol price next month, SA is still in a technical recession and the price could increase in months ahead, warned a debt expert.
2017 will be a tough year and consumers who had difficulty making ends meet in 2016 are going to find it much harder in the New Year, warns a debt expert.
Brexit does not bode well for consumers already heavily in debt and SA is on the eve of a perfect storm, especially the poorest of the poor, says a debt expert.
Discussing debt may not be the most desirable of topics, but it is necessary to ensure a happy marriage, says a debt expert.
SPONSORED: Neil Roets, CEO of Debt Rescue explains the importance of budgeting and the steps to take should you experience financial stress.
In addition to an expected big increase in the price of red meat, consumers should brace themselves for a hike in the price of petrol, warns a debt expert.
Fewer than four out of every ten matriculants are likely to find jobs and those who do, are likely to fall in the debt trap, warns a debt expert.
A Fin24 user who in sheer desperation turned to a community loan shark, opens her heart to other South Africans, warning them against following her example. WATCH.
ADVERTORIAL:More and more consumers become over-indebted each year - but many prefer to make more debt instead of applying for debt counselling.
Although all South Africans will benefit from the Moody's move not to downgrade South Africa, it is not enough for hard-pressed consumers, warns debt counselling firm Debt Rescue.
An expected increase in the fuel price will create a toxic mix that is going to severely impact debt ridden South Africans, says a debt expert.
Most debtors do not know that debts fall away after a certain period of time, according to a surevy conducted by Debt Rescue and Fin24.
SPONSORED: Consolidation loans are an option available to consumers and at a glance appears to be a solution to the debt trap many face, says debt expert Neil Roets.
Motorists lined up at petrol stations in South Africa on Tuesday ahead of increased fuel prices, effective as of Wednesday. What's behind the increase?
SPONSORED: We see a daily increase in the number of consumers that apply for debt counselling, says CEO and pioneer of Debt Rescue, Neil Roets.
The drought, a likely Eskom price hike and a probable tax increase early this year will lead to consumers being squeezed to the maximum in 2016, warns a debt expert.
Much more needs to be done to make consumers more money savvy in order to protect them from "hordes of vultures out there", warns a debt expert.
South Africans are the world’s biggest borrowers but aren’t very good at paying back their debt, according to a debt review expert.
ADVERTORIAL: Debt Rescue CEO Neil Roets explains the concept of debt councelling as a solution for an over-indebted consumer's financial predicament.
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