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...
THE TRUTH ABOUT THE CREDIT AMNESTY Our firm has been inundated with queries regarding the credit amnesty incepted earlier. The various queries portray that there is a lot of misperception regarding this matter. In my opinion the vague naming thereof is one of the main...
When you find yourself in a situation where your debt has become unmanageable you have various options but choosing the option not favourable to your situation could have detrimental consequences. Here are three options to consider should you find yourself in...
It feels like just the other day that I wrote an article concerning holiday budgets and here we are a year later. It is never too early to start planning for the festive season as before you realise it is the second week of December, the Christmas decorations are up...
The following amendments to the National Credit Act 34 of 2005 were published in the Government Gazette on 19 May 2014. These amendments place consumers in a much more favourable position to effectively address their debt in a secure environment. AMENDMENT OF THE NCA...
Teaching your kids about money and saving is one of the most important life foundations a parent can pass down to their children. No parent wishes to see their child making the same mistakes as they did when starting out their adulthood. By honouring your children...
It is imperative that you, the Consumer, be informed of their rights, when it comes to credit. This is important as some Credit Providers thrive on uninformed consumers and tend to use “Bullying” tactics when consumer falls behind on payments. The Consumer needs to...
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...
As more and more consumers experience increased financial pressure due to increasing living expenses, most of these consumers now consider applying for debt review in order to reduce their debt repayments and stabilise their living expenses. A client of ours, Cedric*,...
Repossession of assets can be a stressful topic to even think about, but your most important right as a consumer, is that only the Sherriff of the Court may force you to surrender your possessions, by means of a Court Order. Should you fail to comply herewith, it...
