How are you legally protected under debt review? According to the National Credit Act (NCA), everyone under debt review has the right to be legally protected. That’s great to know, but what does it mean and how are you protected? Let us explain. Your rights...
Will interest be charged if I am under debt review? A consumer posed the following question: “ Will interest be charged on my outstanding balances when I go under debt review?’ National Debt Advisors CEO, Sebastien Alexanderson responded as follows: People who have...
Entrepreneurial opportunities for SA youth The greatest challenge currently facing our youth, is unemployment. Data by Stats South Africa at the start of June 2021 shows that the official unemployment rate among youth (15-34 years) was 46.3% in the first quarter of...
Youth and Money Most children’s attitudes to money are shaped by their parents – and they tend to absorb much more, and much sooner than we sometimes realise. Charnel Erntzen, Managing Director of National Debt Advisors says: “From online take-away foods and shopping...
Demystifying debt review (part two) So many people are affected by overwhelming debt, yet they don’t want to consider the option of debt review, because of all the negative stories that they have heard about it. Yet, there are thousands of good stories to be told as...
