There has been an increase in loan scams as people become financially desperate and see a cheap loan as a way out of a financial crisis.
Category - Borrowing
The latest Consumer Credit Market Report shows a concerning trend towards more lending happening in the unsecured space.
Clothing should never be bought on credit.
Many consumers commit themselves to debt review only to get cold feet several months later. A recent court ruling provided clarity around exactly how and when an individual may exit debt review.
Make sure when you borrow money that you know whether you've signed up for a personal loan or a revolving credit facility.
The provisions for debt intervention in the National Credit Amendment Act raise many questions about how and when it will be implemented.
Maya and Mapalo discuss the dangers of signing up for a credit facility as well as how your partner’s debt can impact your credit score.
The so-called "Debt Relief Bill" has generated an avalanche of headlines claiming that consumers’ debt is to be expunged. Here are the facts.
Have you ever wondered how much your debt is actually costing you? It is probably a lot more than you realise by the time you have included all the interest and fees payable.
A common area of confusion when it comes to car finance is around balloon payments, also called residual payments.
If anyone has made a purchase through online retailer Takealot recently, you would have noticed that you now have an option to finance the purchase through a loan.
A bank may no longer unilaterally transfer funds from your bank account to settle your outstanding bank debts.