Debt counsellor: friend or foe? How to choose the right help in South Africa When you’re drowning in debt, a debt counsellor can look like either a hero or a shark. On one hand, they promise lower instalments, legal protection and a clear plan. On the other, you’ve...
The Car Repossession Process: All Your Questions Answered The car repossession process can be quite frustrating, and with the financial pressures of rising interest rates and unexpected expenses, many vehicle owners find themselves in this nerve-wracking situation....
What can debt collectors do? South Africa has nearly R2 trillion worth of consumer debt. It therefore stands to reason that debt collection has become a very lucrative industry in South Africa. You will normally have to deal with a debt collector when your account has...
You can be done with Debt Review even if your bond is not paid up NDA CEO Sebastien Alexanderson responded to a question from a News24 Money Clinic consumer who wanted to know if he had to remain under debt review if all their debt besides their bond was paid up. The...