The full extent of garnishee abuse is not known but a case study by law firm Edward Nathan Sonnenbergs has set alarm bells ringing.
As costs keep rising, South Africans keep buying assets but they borrow money so that they can eat, writes Lisa Steyn.
From boosting savings to reducing indebtedness, broader financial inclusion is needed in South Africa.
High levels of credit may have contributed to the cocktail of factors that led to the bloody clashes between police and Lonmin strikers.
Controversial Gauteng local government and housing minister Humphrey Mmemezi, accused of abusing public funds, has resigned his post.
I am in serious financial difficulty. How do I start to get my finances in order?
View getting out of debt as a step towards saving, not just a goal in itself. This will help you break the "never get out of debt" cycle.
Those who are lucky receive a 13th cheque, but most overspend and wake up to a New Year debt hangover.
The borrowing that leads to indebtedness is not what it might seem.
Debt consolidation works if you have the discipline
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.
The indebtedness of consumers is soaring as the local economic outlook continues to sour, but there may be hope on the horizon.