Archive for Debt

A Victory For Consumers Plagued By “Garnishees”

EAOs, which are imposed on a debtor’s salary by a creditor to recover outstanding money, have been widely abused by unscrupulous unsecured lenders and debt collectors.

Read more

Smart Money Decisions in December Help in the New Year

And because of the year-end hype and excitement, the festive season provides the perfect opportunity to spend money that you do not have.

Read more

South African’s Drowning In Debt

The Reserve Bank’s September quarterly bulletin shows that the ratio of debt to disposable income has increased from 75.6% in March to 76.3% at the end of June.

Read more

10 Credit & Debt Myths (Part 2)

Some people take cash advances on their credit cards to pay their other creditors on time. It is better to fall a little behind than to borrow your way deeper into debt.

Read more

10 Credit & Debt Myths (Part 1)

Credit used wisely can be used to build wealth, for example, buying a home and paying it off will eventually give you an asset that will keep on growing in value.

Read more

Your Path to Freedom from Debt in 2012

The beginning of a new year offers the chance for a fresh start with your budget and financial strategy. For those in debt, it should mean the opportunity to commit yourself to saving money and reducing what you owe.

Read more

New Year’s Resolutions: Save money, pay off debt in new year

Santa brought lots of gifts this year. Unfortunately, he also brought lots of credit card debt. But you can still get out of debt and save money in 2012. Adv Randolph Samuel, CEO of the Credit Foundation of South Africa, offers these tips:

Read more

How To Keep Your Debt In-Check

Start with revising your budget, cutting back on unnecessary spending, and looking for better deals on everything from your car insurance to your cellphone, is a good way to make sure that you are able to make a dent in your debt.

Read more

NCR Offers Tips For Smarter Borrowing

“Before consumers sign credit agreements, they need to understand the cost of credit and the terms and conditions of different credit agreements,” advises the NCR.

Read more

Tips To Avoid The Festive Debt Trap

Consumers spend too much at Christmas and fall behind with their debt repayments in the new year. Consumers need to spend wisely in the festive season and start the new year debt-free.

Read more