Debt articles
This is what you should do if you receive a judgement
What can you do once you receive a judgment? We got in touch with a leading credit bureau to find out.
How to handle a call from a debt collector
If you don’t keep to your debt obligations, your credit provider will reach out to their collections department, or partner, and request that a debt collector call you. We briefly look at how debt collectors work, and how you should handl...
What are debt collectors not allowed to do?
Debt - if not managed - can seem like a dark cloud looming. But, you do have rights.
Economic devastation sees rapid rise in debt counselling
A survey conducted by DebtBusters indicates that consumers are increasingly turning to debt counselling.
Prevent your home from being repossessed
When you take out a home loan, you don’t intend to falter on your monthly repayments. However, the unthinkable may happen and you’ll have to find a way forward.
How to split your debt when you get divorced
Going through a divorce will always be difficult. What’s worse is dealing with the additional pressure of outstanding debt. Working out how to split your debt can be very tricky.
Everything you need to know about a Section 129 notice
If you’ve been struggling to pay your debt and your creditors have been calling you, then chances are you’re about to receive a Section 129 notice. But what is this document, and what does it mean?
Should you get a personal loan from a bank or a loan provider?
When you decide to take out a personal loan, you need to consider many factors which will help you determine how long it will take you to settle your debt. However, you will notice that you can take out a personal loan from the bank or from a lo...
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...
What happens to your debt when you move abroad?
Imagine being offered your dream job in Europe and you need to report to your new office in a month. But before heading off, you need to get your affairs in order in South Africa. What happens if you have outstanding debt?
New Year resolutions to help keep you away from bad debt
With the new year around the corner, you may be resolved to get your finances in order, and to spend the next year growing your net worth. So how would you go about doing this?
Struggling to find a gift for your loved one? Help them with their debt
The holiday season is around the corner, but rather than being excited about the festivities that lie ahead, you may be fretting about what to get your loved ones.