"Just do something" is the cry now rising from all over South Africa. It is useful to replay what has been done, writes JP Landman.
The "Debt Relief Bill" allows low-income workers to extract themselves from debt through debt restructuring if they earn a gross income of R7 500 or less per month, have unsecured debt of R50 000, or have been found to be critically indebted.
Consumers who overspent over the festive period are in for a reality check in 2019, as making ends meet will become more difficult, says a debt counselling expert.
Here are some tips on managing credit as well as info on what factors credit bureaus consider when calculating your credit record.
Summit Financial Partners CEO Clark Gardner talks to Fin24's Moeshfieka Botha about the Draft National Credit Amendment Bill and similarities between reckless lenders and drug dealers.
Statistics from the National Credit Regulator show that up to 10 million South Africans are severely in arrears on their debt. DebtBusters CEO Ian Wason explains how debt counselling works, and how customers can benefit from it. Watch.
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.
ADVERTORIAL: Debt Rescue CEO Neil Roets explains the concept of debt councelling as a solution for an over-indebted consumer's financial predicament.
A Fin24 user feels as if he is "dying" under the weight of his debt of more than a million rand.
A Fin24 user who decided to go for debt counselling was surprised by the fees he ended up having to pay.
The hard work for any debt counsellor really starts when they kick off the process of negotiating with the creditors, says a debt expert.
Questions about debt review and how it works are among the most frequently asked financially related questions South Africans search on Google.
MZANSI’S struggle with debt is heart-wrenching but very real.
Sometimes the only way to get out of a financial mess is to hit the help button.
In her new book, ‘Smartwoman’, financial planner and author Sylvia Walker offers some valuable tips on how to dig yourself out of debt.
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.
This year January, a notoriously long month with everybody’s finances stretched to the max, will hit most consumers particularly hard.
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.
A Fin24 user who has just come out of debt review was told he needs to get his credit score up before he can get vehicle finance.
If you are under debt review, but still battling with your repayments then it is time to see your debt counsellor, says DCM group marketing director Anjela da Silva.
Fin24 user Gavin F tells how debt counselling helped him reclaim his life after the high life landed him in big trouble.
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