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.
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/ 11 February 2011
Starting to save when you’re in debt can get you out of the debt trap and boost your self-esteem. Here’s how.
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/ 24 January 2011
Concessions should reduce the number of debt review cases in the courts and encourage credit providers not to terminate these reviews.
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/ 19 January 2011
Bad financial planning, overspending and not enough savings are to blame for South Africans’ financial vulnerability.
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/ 20 December 2010
A national consumer awareness campaign shows consumers how to negotiate with their credit providers.
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/ 16 December 2010
If you are under debt review and qualify for a reprieve, there’s a chance you may not lose your home.
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/ 8 December 2010
Why being grateful for what you already have is an important first step to creating wealth.
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/ 2 December 2010
Consumers need to do more to service debt — nearly half of all credit-active consumers are still indebted.
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/ 11 November 2010
Some of us go overboard with spending at this time of year — and it could have dire consequences.
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/ 5 November 2010
If you’re spending more than 40% to 50% of your budget on repaying debt, you’re already in trouble.
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/ 28 October 2010
Despite our best intentions, we sometimes find we haven’t considered absolutely everything when we draw up a monthly budget or spending plan.
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/ 16 October 2010
If your debt has been handed to a debt collection agency, knowing your rights can save you money.
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/ 14 October 2010
The best way to pay off your debt at a furniture store.
Over 11 million consumers are struggling with their debt repayments.
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/ 17 September 2010
Taxpayers will use their rebates more wisely than government.
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/ 8 September 2010
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 .
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/ 6 November 2009
Consumers who want to pay off their debts are finding it nearly impossible to clear their names, writes Maya Fisher-French.
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/ 30 October 2009
Soaring debt could mean serious discomfort for South Africa’s economy, writes Lynley Donnelly.
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/ 22 October 2009
Civil summonses issued for debt have increased, Statistics South Africa said on Thursday.
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/ 19 September 2009
Despite the National Credit Act, consumers are still allowed huge amounts of credit, writes Maya Fisher-French.
The SABC undertook to make good millions of rands of debts owed to companies and individual members of the television production industry.
In meetings with government and central bank officials an IMF delegation made repeated demands for Zimbabwe to honour its debts.