After four months of debt review, a reader is so relieved and happy about the changes in his life, he wanted to share his story.
Category - Borrowing
On 9 August, the new limits on how much a lender can charge for credit insurance came into effect.
If you want to draw down on the equity built up in your property, you may be in for a nasty surprise.
A cap placed on how much a lender can charge for credit insurance could result in cheaper loans, but some warn it could also cut credit to higher-risk individuals.
We’ve lost the plot when it comes to borrowing and saving.
A landmark ruling by the Constitutional Court on garnishee orders will not be applied retrospectively.
Debt review is not as simple as handing over your bills to a debt counsellor – you have to keep track of your credit provider statements
RainFin is a crowdfunding platform whereby small businesses can get loans from individual investors, thereby cutting out the middleman.
I often receive complaints from people who have signed agreements they haven’t fully understood. Unfortunately there is little recourse for the consumer in such cases. Take time to read the fine print.
In order to evaluate the potential risk posed by lending money to consumers, banks will buy people's credit files from a credit bureau.
There are many fraudsters pretending to be credit providers and asking for money upfront, only to disappear once they have your money.
Don’t let banks bully you into taking on unnecessary credit just so you can build up a credit record.
Don't fall into the trap of taking on unnecessary consumption debt in a misguided attempt to build up your credit record.
Debt consolidation is not necessarily a solution to a debt problem. You need to make adjustments to your budget so that you do not access further credit.