Gordhan takes steps to improve debt management
The OECD and South Africa are getting tough on public debt and cash management in Africa by setting up a centre to reduce the cost of managing debt.
The OECD and South Africa are getting tough on public debt and cash management in Africa by setting up a centre to reduce the cost of managing debt.
If you recognise any of these signs in your own life, it’s time to face the truth that your financial security and future well-being are at risk.
There are two strategies to help you cope this year: reduce debt that isn’t productive and keep your nose to the grindstone at work.
<i>Eunice Sibiya</i>, head of FNB’s consumer education programme, explains how you can plan your way out of debt.
Don’t take on debt just to pay for a lavish celebration — and consider how to protect joint assets.
What to do if your debt review is terminated.
More consumers are in arrears, but there aren’t as many impaired accounts. What does that mean? Read on.
Starting to save when you’re in debt can get you out of the debt trap and boost your self-esteem. Here’s how.
Concessions should reduce the number of debt review cases in the courts and encourage credit providers not to terminate these reviews.
Bad financial planning, overspending and not enough savings are to blame for South Africans’ financial vulnerability.
A timely pamphlet on debt targets credit customers.
A national consumer awareness campaign shows consumers how to negotiate with their credit providers.
If you are under debt review and qualify for a reprieve, there’s a chance you may not lose your home.
Why being grateful for what you already have is an important first step to creating wealth.
Consumers need to do more to service debt — nearly half of all credit-active consumers are still indebted.
Some of us go overboard with spending at this time of year — and it could have dire consequences.
If you’re spending more than 40% to 50% of your budget on repaying debt, you’re already in trouble.
Despite our best intentions, we sometimes find we haven’t considered absolutely everything when we draw up a monthly budget or spending plan.
If your debt has been handed to a debt collection agency, knowing your rights can save you money.
The best way to pay off your debt at a furniture store.
Over 11 million consumers are struggling with their debt repayments.
Taxpayers will use their rebates more wisely than government.
Nearly half of credit-active South Africans are in financial trouble. They can now call a single number to get advice on how to manage their debt.
If you’re a die-hard shopaholic, you’re not alone — four million British women say that over 50% of their debts are due to fashion purchases.
Bad debt, liquidation rise as small business continues to suffer from the recession.
One cannot overestimate the national importance of a proper debt-review process and the role that the regulator has played in bringing this about.
More than eight million in SA are struggling to clear debts, which is why the success of the National Debt Review Committee is a national imperative.
There is such a negative stigma around debt that consumers try to pretend it is not there, writes Luke Hirst, MD of Debt experts Debtbusters .
Consumers who want to pay off their debts are finding it nearly impossible to clear their names, writes Maya Fisher-French.
Soaring debt could mean serious discomfort for South Africa’s economy, writes Lynley Donnelly.
Civil summonses issued for debt have increased, Statistics South Africa said on Thursday.
Despite the National Credit Act, consumers are still allowed huge amounts of credit, writes Maya Fisher-French.