Neil Roets Explains ‘Debt Holiday’ & What It Means For Consumers

What does a ‘debt holiday’ mean to someone who is already over-indebted? Neil Roets explains what consumers can expect by applying for ‘debt holiday’ or payment breaks provided by banks in South Africa during COVID-19 lockdown.

Panel of experts answer debt-related questions during COVID-19 lockdown

SAfm hosts panel of debt experts to answer debt-related questions including: Is it advisable to take out a loan as a business owner to pay employees during COVID-19 lockdown? Can I make arrangements with the bank for my bond repayments? How will the lower interest rate affect my monthly repayments?