Guiding consumers since 2009

Civil actions for debt decrease

By Staff Writer

Civil actions for debt decrease 

From Business Day

The total number of civil summonses issued for debt for the second quarter of this year decreased 9,1% compared with the second quarter of last year , Statistics SA said yesterday.

Justmoney.co.za says:

One possible reason for the reduction in summonses is over indebted consumers getting a debt manager, people are consolidating their debt and protecting their assets in a tough economic environment.

Recent Articles

Featured A guide to saving after retirement

Everyone knows that saving for your retirement is good for many reasons, such as not having to depend on social grants or your family, and sustaining the quality of the life you’re leading.  However, many people think that once they retire there’s no need to continue saving. However, life doesn’t stop at retirement and you may still have decades of life to enjoy.

Try these ventures to earn a passive income

It’s sound financial sense to have more than one stream of income. By setting up a passive stream of income, you’ll earn more each month without having to dedicate too much extra time.

What can you do to become a millionaire?

Becoming a millionaire may seem like a pipedream. However, this doesn’t have to be the case. It may be more feasible to earn your first million than you think.

How to calculate interest on your loans

When you take out a loan, your credit provider will charge you interest on your repayments. This is essentially the monthly cost you pay to have immediate access to a lumpsum of money. But do you know how your interest is calculated?

Deals

The President Hotel Staycation Special

Price: R570
When: Until October 2020
Where: Cape Town

The Hyde Hotel Happy Hour Special

Price: Available on request
When: Daily
Where: Cape Town

Free Heel Treatment at Rouge Day Spa

Price: R300
When: Until 31 October
Where: Cape Town


Latest Guide

Guide to debt rehabilitation solutions