Why You Should Not Borrow Money On Behalf Of Others
We have noticed that our clients raise this subject more and more often. They have taken out a loan or a clothing account on behalf of a friend or family member, but as of late the borrower is unable to make payment when it is due and this has led to the client’s...
How To Get Out Of Debt: Three Steps
What is Bad debt? Firstly, you need to understand that there is a difference between good and bad debt. By this statement obviously not all debt should be considered as bad. To distinguish between the two is relatively simple. Bad debt takes money from you and will...
Frequently Asked Questions About Debt Review
Even though Debt Review (DR) was incepted during June 2007 with the implementation of the National Credit Act 34 of 2005, we often find that some members of the public have the most ludicrous concepts about the process and the effects and benefits thereof. Some think...
Five Steps To Take After Retrenchment
Unfortunately, retrenchments are becoming a more frequent occurrence these days. Your best chance of financial survival is to ensure you have a carefully devised plan of action. Here are five things you can do to take control of debt after retrenchment Revise your...
Dangers Of Paying Debt With Debt
With the economy as it stands at present, it is not uncommon to see consumers making the crucial mistake of taking on Personal Loans to cover their debt. This desperate decision will only provide a temporary relief from Creditor’s demands, as you will now have an...