Think your car is paid off? Check for a balloon payment

Buying a new car is likely to be one of the most significant purchases you’ll ever make. You’re paying for a vehicle with a total cost of several hundred thousand rand, and if you choose to finance your car, you’re also likely to be on the hook for substantial installments every month for the next […]

Nearly Half of South Africans Unsure How They Would Survive Another Rate Hike

Annaline van der Poel from Debt Rescue reports that nearly half of survey respondents don’t know how they would cope financially if interest rates rose, revealing that South African households are reaching the limits of their financial resilience after absorbing repeated increases in borrowing costs and living expenses.