Debt Consolidation articles
Do interest rates really matter when settling debt?
As the interest rate fluctuates, you may have wondered how it affects your outstanding debt. We look at how interest rates may affect your finances.]
Can your debt be cancelled?
If you constantly struggle to pay your debt, you may have considered asking your creditors to write off some - or all - of it. But this request is highly unlikely to be met with any success.
10 Questions you should ask your debt counsellor
This guide will look at 10 questions you should ask your debt counsellor before you go through with the process.
Is it time to consolidate your debt?
If you have multiple credit agreements across various credit providers or you can’t keep up with your monthly instalments, consolidating your debt commitments into one could assist you.
How does debt relief work?
Taking care of your monthly debt payments can cripple your financial power and, during tough economic times, make you struggle to make ends meet. If you find yourself in this position, how can you lift this burden?
Part 3: Debt rehabilitation explained
In the third part of our Debt-ucate series we explore which debt rehabilitation solutions are available, and what they entail.
Times are tough, but keep your debt under control
While the whole world is going through a rough patch, you may also be feeling the pinch. With the country in crisis, it may be difficult to keep up with your debt instalments. However, abandoning your debt obligations is not the solution.
Thinking of skipping your debit order payments? Don’t!
When you’re under financial strain, it’s tempting to think that you can skip your payments today and make up for it tomorrow. But the truth is, there’s no guarantee that tomorrow will be any easier financially
Are you liable for your spouse’s debt?
Marriage may signal taking on someone’s last name, family, and even traditions. But are you signing up to be liable for your spouse’s debt too? And if your life partner is made redundant or fired, will you be responsible for your s...
Debt intervention may accelerate irresponsible borrowing
The proposed amendments to the National Credit Act could discourage consumers from paying their debts and increase irresponsible borrowing, said the Banking Association of South Africa (BASA).
Guide to debt consolidation - is it right for you?
This guide looks at what debt consolidation is, how it works and the benefits of using debt consolidation.