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.
Consumers have been dealt another blow this after the Department of Energy announced a huge increase in the petrol price. The latest hike will see motorists paying 39 cents more for a litre of petrol, taking the price within an earshot of R14 a litre. Diesel will rise by 24 cents while paraffin will go
The interest rate increase announced by Reserve Bank Governor Gill Marcus yesterday is going to negatively impact on poor and middle class consumers because it will increase prices of goods and services across the board. This is according to Neil Roets, CEO of debt management firm Debt Rescue. Roets said the increase in the repo
Cape Town – Proposed changes in court rules, that will make it impossible for creditors to sell the homes of defaulters for a pittance, would greatly alleviate the suffering of deeply indebted SA consumers, said Neil Roets, CEO of Debt Rescue. Roets said it had become common practice, especially for banks, to sell off property
Proposed changes in court rules that will make it impossible for creditors to sell the homes of defaulters for a pittance still leaving them deep in debt and homeless would greatly alleviate the suffering of deeply indebted South African consumers. Neil Roets, CEO of one of South Africa’s largest debt management firms, Debt Rescue, said
Cape Town – An expected huge hike in the price of petrol will have profoundly negative consequences for deeply indebted consumers, an expert said on Tuesday. Fin24 reported that petrol could increase by as much as 32c per litre (c/l), according to data from the Automobile Association of South Africa (AA). Petrol is showing a
Gauteng – E-tolls are driving consumers further into debt, say debt management firm Debt Rescue: “In the majority of cases it was mounting toll fees and the aggressive attitude of SANRAL’s collections department that scared consumers into seeking help” said Debt Rescue CEO Neil Roets on Tuesday. According to Roets the last two weeks had
BUSINESSES under pressure from increasing costs might soon start passing the increases on to consumers, resulting in consumers having to pay more for goods, South African Chamber of Commerce and Industry (Sacci) CEO Neren Rau said on Tuesday. The view that prices might be passed on to consumers is supported by the weaker rand, which
It’s not often so many South Africans agree on anything. Unity: it’s one thing the issue of e-tolling has done for us. We should be grateful. But it’s still not worth paying for. In a News24 poll in which 21 573 people took part, 81% of the respondents said that they are going to defy
There has been a sharp increase in the number of deeply indebted consumers seeking help in the form of debt review following the introduction of e-tolls. There has been a sharp increase in the number of deeply indebted consumers seeking help in the form of debt review, following the introduction of toll fees. This is
Cape Town -There has been a sharp increase in the number of deeply indebted consumers seeking help in the form of debt review following the introduction of toll fees. Debt Rescue CEO Neil Roets said the last two weeks had seen nearly double the number of clients seeking help compared to the same period last
