Education is expensive. Although some families are lucky enough to save for education, it’s not always enough. Majority of students have to pay their own way through university or college. And starting a career with a ton of debt is not ideal. Pay off your student loan like a boss and build a stronger financial position for… Continued
Payday loans have become very common among young South Africans. Maybe you’ve even taken out a payday loan yourself, if not, you’ve probably heard about it before. If you haven’t taken out a payday loan before, good for you! They’re really bad! But if they’re so popular why should you stay away from payday loans? … Continued
If you’re stressed out because of money, it’s okay. You’re not alone. Studies have shown that the average person experiences 4 stressful life events each year. Those could include ending a marriage, not being able to provide for kids or being over-indebted. These are all very stressful experiences. The study found that money was the main driver for being stressed out.… Continued
Studies have shown that South Africans spend, on average, 63% of their after-tax income on debt. That’s pretty shocking. Spending most of our income on debt means that we have less to spend on the things that matter most. While consolidation loans may seem like a great idea, the long-term effects are not worth it. The… Continued
Your credit score could be the most important number connected to your name. The three-digit number contains information that shows how well you manage your credit. And creditors like to use this number to weigh you up against other consumers. They use this information to predict whether you’ll be a good or bad consumer. How… Continued
Help your employees get out of debt There are currently 25 85 million credit-active South Africans and approximately 40% of them are stinging with debt. And this likely includes your staff Employee financial wellness is a vital part of a company’s success. It helps retain top talent and job performance. With so many consumers struggling… Continued
Love ‘em or hate ‘em, the fact of the matter is, credit cards are a way of life. That doesn’t mean they’re all that good, nor are they all bad. They make spending effortless, blurring the line of how much money you have and how much you can spend. And eventually lending your way into… Continued
It depends on a few factors. What life stage you’re in, your spending habits, your goals, your job stability, your financial obligations and so on. If you’re like most South Africans, you have debt. Having some debt is fine – having debt can even be healthy if your debt is connected to your goals, like… Continued
Do you ever feel anxious and stressed out about having too much debt? Debt can be emotionally draining and frustrating. But, it’s not impossible to get out of debt on your own. Start by making a conscious decision that you want to become debt-free. Choose to start right now. Let’s begin. 1. Where do you… Continued
If you’ve ever been in a tight financial situation and struggled to pay off your debt, you would stumble upon something called ‘debt counselling’. This process is also referred to as debt review, which is a legal process regulated by the National Credit Regulator (NCR). This legal process was put in place to help South… Continued
We look forward to the opportunity to get you debt-free!
