Debt articles

Credit amnesty: what is your responsibility?

17 September 2013 · Staff Writer

So what does the credit amnesty mean for you if you’ve got debt outstanding or if you have paid up all your debts?

NDMA will gain independence to help public with debt

20 August 2013 · Staff Writer

After much criticism, the NDMA is becoming a non-profit, independent consumer focused services agency to support indebted individuals.

NCT takes debt counsellor to task

1 August 2013 · Staff Writer

The National Consumer Tribunal (NCT) cancels the registration of a debt counsellor from Durban.

Dealing with depression and debt

23 July 2013 · Staff Writer

The South African Depression and Anxiety Group said they have received an increase in calls from people with financial problems.

NCR advises consumers to monitor debts

19 June 2013 · Staff Writer

Credit bureau statistics show that the number of consumers with impaired records increased by 189,000 to 9.53 million.

NCR clamps down on micro-lenders

11 June 2013 · Staff Writer

Thirteen individuals and eleven criminal cases have been opened by the NCR for unscrupulous lending practices.

Concern over unsecured debt lenders rises

31 May 2013 · Staff Writer

Is it the bank's responsibilty to ensure that consumers don't take on too much unsecured debt?

National Credit Regulator clamps down on debt counsellors

22 May 2013 · Staff Writer

Two debt counsellors had their registrations cancelled by the  National Credit Regulator (NCR) this week.

TPN MD slams credit amnesty plan

14 March 2013 · Staff Writer

Credit amnesty should be rolled out with a financial education program in place says Michelle Dickens, MD of TPN.

Borrow wisely this year warns Ombud

15 January 2013 · Staff Writer

Short term loan providers can charge you up to 60% in interest warns credit ombud, Manie van Schalkwyk.

Debt review: your questions answered

11 September 2012 · Staff Writer

Justmoney asks resident debt expert, Luke Hirst from DebtBusters, about what it means to go into debt review.

NDMA: Requests for debt mediation rose by 120 percent

26 July 2012 · Staff Writer

The NDMA saw more debt mediation requests in 2011 and finalised 95% of cases.