Mail & Guardian
Mail & Guardian

Debt Review

latest news & developments
Short-term or unsecured loans are not an evil to be avoided entirely. They can be good for consumers and the economy — when used responsibly.
BONDS

How 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

  • Renier Kriek
5 min read
Millions of South Africans are drowning in debt. Consumers owe more than R2.5 trillion to their creditors
DEBT COUNSELLING

Editorial: Financial illiteracy breeds debt

Consumers can get their lives back after going under debt review although the process is not easy

  • Editorial
3 min read
CREDIT RATING

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

  • Lyse Comins
8 min read
Microlenders say banks are encroaching on their territory and reforms are therefore needed in the lending industry.
DEBT MANAGEMENT

Cashing in on indebted consumers

Lenders big and small are slugging it out for the rands you are yet to earn as they race to issue unsecured loans at high interest rates

  • Staff Reporter
7 min read
DEBT CANCELLATIONS

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.

  • Maya Fisher French
3 min read
DEBT

Struggling with debt

What to do if your debt review is terminated.

  • Maya Fisher French
2 min read