How South Africans Can Tackle Their Debt The latest quarterly reports by the National Credit Regulator (NCR) reveal that South African consumers are struggling with personal debt. Over-indebted consumers are also likely to: ...
Category - NDA Blog
Municipal Elections – Who will Win?
Municipal Elections – Who will Win? President Jacob Zuma’s rhetoric prior to the municipal elections on Wednesday points to desperation. The Democratic Alliance (DA) is gaining popularity, while the African National Congress (ANC) has lost...
Relief! 99c Petrol Price Drop on Wednesday
Relief! 99c Petrol Price Drop on Wednesday Fuel Prices to Fall The Central Energy Fund (CEF) said on Friday that the petrol price will drop by 99c a litre, while diesel will fall by 74c/l on Wednesday. The cost of a litre of unleaded petrol...
Fill up Your Tanks before Petrol Shortage Hits
Fill up Your Tanks before Petrol Shortage Hits The Automobile Association (AA) has encouraged motorists to fill up their tanks, as fuel shortages are on the horizon. Petroleum industry workers will be striking from tomorrow onward, after...
Cybercrime – How Secure are our Banks?
Cybercrime – How Secure are our Banks? In the last year, nearly nine million South Africans have fallen victim to cybercrime and credit card scams, according to a Norton Security Survey. Both FNB and Standard Bank were recently targeted by...
Do I Need Help with Debt?
Do I Need Help with Debt? Jim’s Story Well, in order to best answer that question, we would like to create a scenario that you can maybe relate to. One man (let’s call him Jim) is currently permanently employed and has been working for the...
Dodgy Lenders Arrested After NCR Raids
Dodgy Lenders Arrested After NCR Raids Raids by the National Credit Regulator (NCR) on several lenders in the Northern Cape lead to the arrest of four people over the weekend. The NCR discovered that these suspects had 86 bank and South...
If You Can Guess it You Can Have it Competition!
If You Can Guess it You Can Have it Competition! It's competition time peeps! This time, National Debt Advisors is running a fun 'Guess How Much & Win!’ competition. This one requires a bit of counting, so brush up on those maths skills...
Debt Panic as South African Economy Bombs
Debt Panic as South African Economy Bombs One of the big three credit bureaus, Compuscan has published new data, which reveals just how South Africa’s deteriorating economy has affected credit users. Several economic factors drove our...
Stokvels or Banks – Which Do You Prefer?
Stokvels or Banks – Which Do You Prefer? Most South Africans save via informal savings clubs and stokvels instead of bank accounts, according to new research. The Old Mutual Savings Investment Monitor (SIM) revealed that: 42% of...
Our CEO was the MC at the Debt Review Awards Gala!
Our CEO was the MC at the Debt Review Awards Gala! We are proud to say that our very own CEO & Debt Counsellor here at National Debt Advisors, Mr Sebastien Alexanderson was the Master of Ceremonies (MC) at the 2016 Debt Review Awards...
Would You Help Zuma Pay Back the Money?
Would You Help Zuma Pay Back the Money? This week, the Constitutional Court accepted the treasury’s calculation that President Jacob Zuma should only have to pay back R7.8 million to the people of South Africa. Even though, he spent...