Debt Counselling
latest news & developmentsHow short-term loans could cost you your dream home
Frequent short-term borrowing can hurt your bond application because lenders see it as a sign of financial instability, even if you make repayments on time
Editorial: Financial illiteracy breeds debt
Consumers can get their lives back after going under debt review although the process is not easy
SA consumers turn to personal loans, unsecured credit to survive
Debt-strapped citizens are taking short term loans to ‘balance’ cash flow as wages fail to keep up with the cost of living This content is restricted to registered users and…
10 million South Africans are drowning in debt
The debt counselling process is not always smooth, as a Durban homeowner who fell into arrears on her mortgage has discovered
EXPLAINER: Interest rates are on the up. What should you do?
Stay vigilant and really understand what higher interest rates mean for you, says one expert
Grim outlook puts businesses off debt
Unsecured lending continues to boom in households but it appears that corporates have lost their credit appetite.
Debt counselling enquiries double
Over the festive season and into the New Year, debt counsellors DebtBusters has seen a doubling of enquiries compared to the same period last year.
Can you cancel debt review?
You need to find out the terms of your debt review first. You can also just pay off your debt quicker.
Struggling with debt
What to do if your debt review is terminated.
My debt counsellor has gone AWOL
Rules for debt review: check out your debt counsellor and never miss a payment
High court rules against debt review termination
A landmark legal judgement means consumers and debt counsellors have won a battle against some major credit providers.
Swimming in a sea of debt
A code of conduct between credit providers and debt counsellors should iron out the problems that stymied many of those seeking protection.
Code of conduct on debt
Banks and debt counsellors agree to a set of rules to resolve the debt crisis.
Settling unpaid debts
If your debt has been handed to a debt collection agency, knowing your rights can save you money.
When to consolidate your debt
Debt consolidation works if you have the discipline