Beware of cryptocurrencies, warns debt expert
A rapidly growing number of deeply indebted consumers are getting themselves into financial trouble by “investing” in cryptocurrencies such as Bitcoin and Ripple. Chief executive of Debt Rescue Neil Roets said he was “amazed” when the first clients started applying for debt counselling who had been driven to the brink of bankruptcy by buying into […]
SA taking out debt for Bitcoin
South Africans are pawning their cars and taking out second bonds to buy Bitcoin: debt expert A debt expert says that a rapidly growing number of deeply indebted consumers are getting themselves into financial trouble by investing in cryptocurrencies including Bitcoin and Ripple. Neil Roets, CEO of debt counselling company, Debt Rescue, said he was […]