Stay informed with the latest news and expert opinions from South Africa’s leading news agencies. Debt Rescue’s CEO Neil Roets and Debt Rescue’s COO, Annaline van der Poel, shares economic insights, explains how debt review can help over-indebted consumers, and valuable financial advice. From expert interviews to breaking news, this page brings you honest discussions about money, debt counselling, and actionable tips to help you take control of your debt.
Fuel and electricity price increases may drive country into recession, according to economist, Dawie Roodt. The R1.62 a litre increase in the price of 95 octane fuel together with the 14.25% increase in electricity tariffs for municipal users could drive South Africa into a full-blown recession. Roodt said this was the largest fuel increase in
The R1.62 a litre increase in the price of 95 octane fuel together with the 14.25% increase in electricity tariffs for municipal users could drive South Africa into a full-blown recession. Independent economist Dawie Roodt said this was the largest fuel increase in history and was going to hit consumers like a ton of bricks.
With the likelihood of a massive petrol price hike in April, how much longer can South Africans keep stretching their budgets before reaching breaking point? Earlier this month, the SA Human Rights Commission (SAHRC) noted that, of 19 million credit-active consumers in South Africa, 50% had impaired credit records three months or more in arrears.
Amendments to the National Credit Act (NCA), gazetted on Friday (13 March), will make it impossible for ‘unscrupulous’ debt collectors to collect debt that has expired. The changes to the act will mean that if a consumer had not acknowledged a debt for more than three consecutive years either verbally or in writing the debt
Amendments to the National Credit (NCA), gazetted on Friday, will make it impossible for unscrupulous debt collectors to collect debt that had prescribed (expired) The changes to the act will mean that if a consumer had not acknowledged a debt for more than three consecutive years either verbally or in writing the debt was considered
Amendments to the National Credit Act (NCA), gazetted on Friday 13 March 2015, will make it impossible for unscrupulous debt collectors to collect debt that has prescribed (expired). The changes to the act means that if a consumer had not acknowledged a debt for more than three consecutive years, either verbally or in writing, the
The changes to the act means that if a consumer had not acknowledged a debt for more than three consecutive years, either verbally or in writing, the debt is considered prescribed and has effectively lapsed. Neil Roets, CEO of debt management company Debt Rescue said consumers should note that if they have made any payments
AMENDMENTS to the Na¬tional Credit Act (NCA), gazetted on Friday, will make it impossible for unscrupulous debt collectors to collect debt that had prescribed (expired). The changes to the act will mean that if a consumer had not acknowledged a debt for more than three consecutive years either verbally or in writ¬ing, the debt was
Amendments to the National Credit Act (NCA), gazetted on Friday, will make it impossible for unscrupulous debt collectors to collect debt that has prescribed (expired) The changes to the act will mean that if a consumer had not acknowledged a debt for more than three consecutive years either verbally or in writing the debt was
Amendments to the National Credit (NCA), gazetted on Friday, will make it impossible for unscrupulous debt collectors to collect debt that had prescribed (expired). The changes to the act will mean that if a consumer had not acknowledged a debt for more than three consecutive years either verbally or in writing the debt was considered
