Fed rate decision could put pressure on rand and South Africanhouseholds
What it could mean for households Neil Roets, CEO of Debt Rescue said thatthe Fed’s decision this week matters well beyond the US. “I believe
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What it could mean for households Neil Roets, CEO of Debt Rescue said thatthe Fed’s decision this week matters well beyond the US. “I believe
The City of Johannesburg (CoJ) is hounding residents who owe it hundreds of thousands of rand for expired debts. Half
South Africa has reached its highest levels ever in terms of people with impaired credit records. This was noted by
The latest data from the National Credit Regulator (NCR) shows that South African consumer debt has increased to R1.63 trillion
Johannesburg – The 53c a litre hike in the cost of diesel will not only badly affect heavily-indebted motorists who
INSURANCE brokers, steelworkers, call centre agents, retail assistants, bank clerks and public servants who have been hit by retrenchments all
Pretoria – Getting a phone call from a sales consultant offering a new “affordable” cellphone contract or something similar is
The credit amnesty, granted to deeply indebted consumers with adverse credit records in April 2014, appears to have failed, as
Johannesburg – A background screening company is warning that the credit amnesty, granted to those in over their heads last
Debt levels rise again after slates cleared IRRESPONSIBLE financial behaviour is on the rise again. This signals that South Africans
IRRESPONSIBLE financial behaviour is rising again‚ signalling South Africans did not change their spending habits after the credit amnesty granted

Statistics compiled by debt management firm, Debt Rescue show that South African consumers owe the bulk of their monthly salaries