Hire purchase agreements make expensive items affordable. But if you can’t make the monthly payment you can come to an agreement or return the goods.
Debt counselling is a way you can pay off your debts and have enough money left to live on each month. But not everyone qualifies, and it does take some time.
We look at the options South Africans have if they are struggling to pay their debts. These include payment holidays, loan restructuring and debt counselling.
Imagine if you will, you’re standing at the top of a snow-covered hill; you scoop some snow, shape it into a ball and then send it rolling down the hill. As the snowball gathers speed, it picks up more snow, getting bigger and bigger until
No one wants to be deep in debt. But it can happen so easily. We’ve found eight ways to avoid the debt trap.
Thinking about paying off your debt? Take our three-month debt challenge to get you started on reducing your debt – and your stress! – and ultimately put more money in your pocket. First thing first – get organised! Before you begin the challenge, you need
Debt can negatively affect your confidence, ambitions and relationships. It is about much more than money and it can impact your mental and physical health. According to a World Bank report, South Africans were the biggest borrowers in the world in 2014. Between 2013 and
Brandon Smith has been working as a paramedic in Port Elizabeth for the past 10 years. His passion and drive for the work that he does is something that he would never consider changing, despite the fact that his income each month doesn’t meet his
Recent data retrieved by The World Bank, shows that South Africans are the biggest borrowers in the world with 86%1 of the population in debt. In addition, further statistics indicate that personal savings in South Africa averaged 4.98%2 from 1960 until 2016 – which is
40 year old Simon from Diepsloot worked hard throughout his career to make sure that everything was firmly set in place for his family in the future. His current job as an I.T Manager at one of Sandton’s big 5 law firms, means that he