Guiding consumers since 2009

Weekly Wrap Up: 4-8 October 2010

By Staff Writer
Monday: Debt is a problem in SA

Debt continues to spiral out of control and 215,000 consumers went into arrears of three months or more in the 2nd quarter.

Tuesdday: Vavi says State must intervene in the SA Economy

Cosatu general -secretary Zwelinzima Vavi has reiterated his claims that the State needs to intervene in the South African economy...


Wednesday: How much do you know about your risk profile?

It's important to know as much as you can about your risk profile. You can read why this matters over here.

Thursday: FNB's CEOs give users advice

FNB's head honchos have come together to give users advice on their first-time financial experiences. Read their advice over here.

Friday: Gordhan says the Rand is too strong

South Africa's Finance Minister Praveen Gordhan reckons the Rand is too strong and it's not ideal for an emerging economy.

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In the third part of our Debt-ucate series we explore which debt rehabilitation solutions are available, and what they entail.

What impact does compound interest have on your savings and debt?

Interest plays a big role in your savings and debt. It determines how much you’ll receive for keeping your money in the bank and it also determines how much you’re going to pay your creditors. But what power does compound interest have on your finances?

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.

Debt Series Part 2: Interest rates - unpacked

In the second part of our Debt-ucate series we explore interest rates –from how to get a better rate to what influences it, and how this affects the cost of your debt.

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