70% of South Africans cannot pay their bills
By Shaun Jacobs Around 69% of South Africans say they cannot pay their bills on time every month due to steep increases in the cost of living over the past two years. This was revealed in a survey conducted by Debt Rescue during December, with the company only expecting this to get worse as South […]
‘Make informed financial decisions in 2024’ – says expert
As we embark on a new year, it’s crucial for consumers to make informed financial decisions to avoid landing in debt. So, says debt counselling company, Debt Rescue. Annaline van der Poel, Chief Business Development Officer at the company, says creating a realistic budget that accounts for your income and essential expenses is vital. She […]
Debt Review Cape Town
By Hlulani Debt Review Cape Town, also known as debt counselling, is a legal process in South Africa designed to help over-indebted individuals manage their financial situation and get out of debt. It’s governed by the National Credit Act (NCA) and overseen by the National Credit Regulator (NCR). What Is Debt Review? Debt review, also known as […]
How to keep school costs at stress-free levels
By Neesa Moodley The cost of education is frightening, but there are a few ways to keep things from spiralling. Now that the heady rush of the festive season is past and many are back at work, parents are facing the onslaught of school costs, including fees, stationery and uniforms. The second annual DebtBusters Money-Stress Tracker […]
Payday lifeline – or debt noose?
By: Wendy Jasson Da Costa It’s not only in “Januworry” that cash-strapped South Africans run out of money before month end, forcing them to turn to loan sharks, friends or family to pay for essentials until payday. The cost of living, especially transport costs, often pushes consumers into borrowing. Paymenow, a fintech company, said the […]
You FM speaks to Annaline van der Poel about the Financial Burden Consumers are Facing
eNCA Speaks to Annaline van der Poel about the Costs Parents are Facing this January
COO, Annaline van der Poel, says most hope December bonuses will keep them out of financial trouble but, with the higher cost of living, and increased spending over the festive season, those funds soon disappear. This leaves most South Africans with no choice but to take out more credit.