Resist festive urge to overspend – pay debt
Roets also urged consumers to rather save their Christmas bonus and use it to pay school fees and other accounts. The drop in fuel price that comes into effect at midnight on Tuesday and recent decisions by the three main sovereign rating agencies not to downgrade South Africa to junk status is all Christmas cheer, […]
Reversing payments threatens debt review process
While the new developments apply to consumers under debt review, PDAs might be out of business due to the disruption to payment distributions to creditors. Payment distribution agents (PDA) will be affected by consumers who request banks to reverse legitimate payments to credit providers. 702’s Stephen Grootes spoke to CEO of Debt Rescue, Neil Roets, […]
Avoid Xmas spend-bender and pay debt
The drop in fuel price that comes into effect at midnight tonight and recent decisions by the three main sovereign rating agencies not to downgrade South Africa to junk status is all Christmas cheer, but an economist warns consumers against opening their purses too wide this festive season. The price of petrol will drop by […]