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Tag Archives: over-indebted

Teaching your child to save from a young age can set them up for a great financial future. Saving money is a difficult task to learn, some adults have yet to master it. This means that teaching your children how to save is of great importance. Here are some simple tips on how to teach […]

Taking on debt isn’t always a bad thing. Particularly if you look at purchasing a house or a car. You just need to make sure you keep on top of the monthly repayments. What if I’ve missed a few repayments? Firstly, don’t hide from your creditors. They will be looking to hand you over to […]

No one likes to  admit they are struggling with debt. But it is important to know that many South Africans are in the same position. There are over 8 million credit-active consumers are deemed ‘over-indebted’. This means more than half their salary is going towards servicing their debt and many have missed repayments and found […]

As the wedding day draws closer many couples sign a contract that they don’t know much about due to the excitement on the fast-approaching special day. Make sure you understand the impact this contract can make in the future. Divorce isn’t the first thing that comes to mind when you are about to take your […]

How many credit cards do you have? How many credit accounts do you have open? Buying on credit aids the human need for instant gratification. Many would say that buying on credit is good for you, but the truth is, whilst under debt review not having access to credit is the best thing for you. […]

Did you know that nearly 25 Million South Africans have some form of debt?  Debt can be a good thing if its managed well. Unfortunately, there are over 8 million consumers that have found themselves to be over-indebted. More than half their salaries are going towards servicing debt each month and they are starting to […]