1,000 SA families are losing their homes every month to crushing debt

There has been a substantial increase in financially distressed consumers applying for debt review in the past financial year. Neil Roets, CEO of debt counselling firm, Debt Rescue, said the company had shown a growth rate of well over 20% in the number of clients seeking debt counselling. Earlier this week, Capitec bank also reported […]

Debt Counselling: Have you hit rock bottom?

 Debt Counselling: How to know when you’ve hit financial rock bottom While many South African consumers are struggling to cope financially each month, debt counselling is often only pursued once a person has hit financial rock bottom. Problems with debt start off small and intensify over months and even years. That is why over-indebted consumers […]