What Happens To Your Debt In The Case Of An Unexpected Life Event?
The Covid-19 pandemic taught us that an unexpected life event can happen suddenly and have unforeseen consequences. Under those circumstances, unexpected events can quickly derail your financial situation and push you into a debt trap. Therefore, being prepared is...
Why Is Missing A Debt Repayment So Bad?
In the complex landscape of personal finances, debt has become a common tool to achieve our aspirations, whether it’s purchasing a home, vehicle or covering that unexpected expense. However, the importance of honouring debt repayments cannot be overstated....
What Does The Worrying Increase Of SA Interest Rates Mean?
The recent increase in the repo rate has been placing greater financial pressure on South African consumers. The fluctuations have had a wide impact on consumers that utilise some form of debt. What Is An Interest Rate? An interest rate is the amount charged on...
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