How to deal with “black tax” In South Africa, “black tax” commonly refers to the concept of young, employed (mostly professional) black people expected to support their families financially – often to their own detriment. Lubabalo Silayi, registered debt...
Importance of contracts for SMME’s Brought on by necessity, rather than choice – 2020 gave rise to many entrepreneurs and small businesses. Many took huge risks in setting up their small and medium businesses – and have also had to look at means of sustaining...
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...
Vulnerable consumers risk being scammed The National Credit Regulator (NCR) has strongly condemned scam service providers who claim that your debt can be written off in terms of the National Credit Act (NCA). Covid 19 and subsequent lockdowns have hit consumers hard,...
What do you need to apply for a home loan There is nothing better than a good credit score and “ clean” credit record without arrears, defaults and judgements if you want to apply for a home loan. One thing is clear – if you have a low credit score, with defaults or...
