A rapidly growing number of deeply indebted consumers are getting themselves into financial trouble by “investing” in cryptocurrencies such as Bitcoin and Ripple.
Neil Roets, CEO of Debt Rescue, a debt counselling companies in South Africa, said he was amazed when the first …Read More
A growing number of South Africans are getting into financial trouble by investing in cryptocurrencies like Bitcoin and Ethereum.
Debt Rescue CEO Neil Roets said many South Africans have been driven to the brink of bankruptcy after buying into cryptocurrency.
“We interviewed our first …Read More
Debt counselors are seeing a growing number of South Africans who have lost money gambling in crypto-currencies such as bitcoin and ripple.
Some of them were victims of online scams, which resulted in their bank accounts getting raided by offshore hackers, or they …Read More
There is disturbing lack of accountability in the world nowadays. Everything is everyone else’s fault from the guy who hit your car to the woman who served your lunch at a restaurant. It spills over into all areas of life, including our finances.
We have now been reduced to just accepting …Read More
A senior investment executive at Rand Merchant Investments says that Bitcoin’s volatility will continue in 2018, but it could begin to emerge as a payment system in South Africa.
Having soared more than 1,500% in 2017, Bitcoin has experienced extreme levels of volatility …Read More
South Africa is the only country in the world that allows for home loans to be placed under debt review and is a means of protecting consumers and their home.
Individuals pledging their lives to one another may well be forgiven for wanting …Read More
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 amazed when the first …Read More
Mines, industries expected to shed jobs
CONSUMERS are in for a tough ride in 2018with major price increases for food and other essential commodities on the cards, as well as a sluggish growth rate predicted for the new year.
This was according to Neil …Read More
Index shows SA is one of world’s most indebted countries.
With major price increases for food and other essential commodities on the cards as well as a continued sluggish growth rate predicted for the new year, South Africans are in for a rough …Read More
South Africans have been warned to brace themselves for tough times in the new year.
Debt Rescue chief executive Neil Roets has cautioned consumers to enjoy the festive season responsibly and not get in debt. He said major price increases are predicted for …Read More