Here’s Why It Is Important To Pull Your Credit Report

Here’s Why It Is Important To Pull Your Credit Report

by | Mar 8, 2023 | Debt

Your credit report is an outline of your financial and credit history. Therefore, it is important that you are aware of what it is, how it works and what could possibly affect your credit eligibility and how you can possibly solve it.  What Is A Credit Report? A...
Heavily Relying On Your Overdraft Each Month? Read This!

Heavily Relying On Your Overdraft Each Month? Read This!

by | Mar 3, 2023 | Debt

South African banks offer optional overdraft facilities to qualifying consumers on their cheque accounts. However, not many are aware of the possible risk that lies within an overdraft facility. As you grow more reliant on an overdraft facility, the risk increases and...
SA Consumers Love Shopping But Spending Money Is Drying Up

SA Consumers Love Shopping But Spending Money Is Drying Up

by | Feb 27, 2023 | Debt

It’s no secret that South African consumers love shopping. Spending time in the mall has become an outing for families and individuals to kill some time. With this, families and individuals are drawn into stores by sales and credit options from small to large...
How Debt Counselling Can Protect You From Rate Hikes

How Debt Counselling Can Protect You From Rate Hikes

by | Feb 9, 2023 | Debt

Over the last 3 years, we have seen the repurchase rate (repo rate) increase significantly. In 2020, the repo rate hit a record low of 3.50%, due to much needed Covid-19 relief. Evidently, the interest rate has increased by a further 3,75% since then. In January 2023,...
January Payday Delay

January Payday Delay

by | Jan 23, 2023 | Debt

We all know that January is one of the longest months in the year. This is mainly because many South African consumers are paid either early or mid December. Teamed with family holidays, Christmas and celebrations in between, most of us are guilty of overspending...