Debt Consolidation articles
Are payment holidays a wise idea in South Africa?
Before taking a payment holiday in South Africa, understand the costs, credit score impact, and better alternatives for your situation.
Will debt consolidation hurt your credit score?
Worried debt consolidation will hurt your credit in South Africa? Learn how it impacts your credit score, card use, and long-term financial health.
How to qualify for a debt consolidation loan in South Africa
Learn whether you qualify for a debt consolidation loan in South Africa. Discover requirements, benefits, and how it can help pay off your debts.
Understanding debt consolidation loans
Confused about how debt consolidation loans work? Learn the pros and cons, and the credit score impact in South Africa.
7 Tips to avoid the January financial blues
The excitement that comes with the festive season can make you forget that this period is going to pass. You go out of your way to make it memorable for you and your loved ones by splashing out on gifts, and maxing out on groceries via store card credit
Unsecured debt 101: Use it responsibly
The emergence of COVID-19 has dramatically changed our lives. The financial impact has been sweeping and has resulted in massive job losses, business closures and salary cuts.
Shopping showdown: Where to buy your groceries
Food is becoming prohibitively expensive in South Africa. In January, StatsSA released a study showing that food and non-alcoholic beverages are some of the biggest contributors to inflation.
Which debts can you include in your consolidation loan?
When you start debt consolidation, you will have the opportunity to bundle all your outstanding debts into a single debt. But which debts are you allowed to include in this process?
How is debt consolidation different from debt counselling?
If you’re struggling to manage your debt and you decide to seek help, you will likely come across the terms “debt counselling” and “debt consolidation”. Although they sound like synonyms, these are two separate...
Can a personal loan save you money?
A personal loan can be a useful tool to achieve your financial goals. It can help pay for your children’s education, house renovations, and medical expenses. But can it be used as a tool to save you money?
Debt levels reach beyond 80% in consumer group
In a bid to find out how indebted South Africans are, JustMoney conducted a survey that attracted 190 respondents. The survey was conducted in November 2020, and every participant had 13 questions to answer.
79% of women are in charge of their money
August marked a month when women were celebrated nationwide. In paying tribute to the mothers, daughters, and sisters of the nation, JustMoney conducted a 13-question survey to establish how women in the modern world ...