for subscribers

Discipline is key to my debt success story

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Getting out of debt is possible, says Fin24 user Khuselwa, who is living proof that it is possible to escape from the debt trap. He tells his story:

Last year while surfing the internet I came accross the Debt Issue, Money Clinic and the Savings Issue. I read the articles and i was motivated to stop defaulting on my debt payments.

I built up the courage to request my credit report from all four credit bureaus and studied them. I disputed information I wasn't happy with, and all cases were ruled in my favour. The remaining debt was R39 000. I contacted the creditors and made payment arrangements.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
15.13
(-1.24)
ZAR/GBP
20.70
(-0.86)
ZAR/EUR
18.41
(-1.26)
ZAR/AUD
11.67
(-0.67)
ZAR/JPY
0.15
(-0.93)
Gold
1853.90
(-0.78)
Silver
25.46
(-1.65)
Platinum
1104.00
(-1.64)
Brent Crude
56.05
(+0.02)
Palladium
2349.48
(+0.09)
All Share
63987.92
(-0.29)
Top 40
58886.26
(-0.14)
Financial 15
11685.83
(-2.13)
Industrial 25
86576.24
(+1.21)
Resource 10
62699.98
(-1.34)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 716 votes
No, I did not.
52% - 1778 votes
My landlord refused
28% - 950 votes
Vote