A 23-year-old wants to do the right thing with her money and not end up a casualty of ‘bad debt’.
Category - Borrowing
What are your options when you can no longer afford your dream car?
One of the more frequent questions I get asked is whether it makes sense to pay an upfront deposit when buying a car.
Even a 0.25% reduction in your mortgage rate could save you tens of thousands of rands, but how open is your bank to the discussion?
The start of a new year is a great time to review your finances and saving habits and to check up on your credit profile.
Using a credit card makes a lot of sense, as long as you have the self discipline to manage it properly.
The recent FinScope SA report, which analyses how consumers are using financial products and services, has revealed a concerning trend around credit extension.
Beware the false hope behind debt relief headlines.
In the current economic climate, many South Africans need to borrow money out of desperation just to help them survive. It is here where scam artists and unscrupulous marketers prey on the public,
The pricing cap on credit insurance is good news for new loans, but many existing credit customers are still paying over the odds.
Make sure you understand how your access bond works.
A lack of retirement savings has seen a significant demand from pensioners to use their homes to access capital, especially for medical costs.
When pawning an asset or borrowing money, be very careful about who you are dealing with, understand the terms of the loan and the risk taken and also make sure you know the rules under the National Credit Act as to the fees that are allowed to...
There is a misconception that debt intervention proposals currently being considered could mean that some debts are likely to be written off.