The Star

The industry’s top experts offer their best advice, research, how-to’s, and insights

More belt-tightening for consumers Already cash-strapped consumers will have to dig deeper into their pockets as petrol, diesel and illuminating paraffin are set to increase by 75c, 93c and 76c respectively at midnight. This, coupled with the carbon tax (9c a litre), which comes into effect on June 1, is expected to add another 30c… Continued

Here’re the challenges faced by deeply indebted consumers With Eskom more than R420-million in debt and municipalities owing a further R27-billion to the effectively bankrupt state-owned enterprise, deeply indebted consumers in South Africa are going to feel the pain as an increasingly distressed fiscus is trying to stop the wheels from coming off. Efficient Group… Continued

Prescribed debt Debt expert Neil Roets answers question about prescribed debt posted on Fin24. Read the question and answer below. Question “Who do I contact to remove prescribed debt? The credit bureaus, a lawyer or the creditor themselves? Expert answer Afternoon, Thank you for affording me the opportunity to assist with your question. You’re faced… Continued

Hanlie Stadler – Selfs al daal die petrolprys vandag met ’n stewige R1,23 per liter (en diesel met R1,55), gaan 2019 allermins ’n maklike jaar vir verbruikers wees. Stygende kospryse en algemene inflasie, stygende werkloosheid en bes moontlik ook ’n styging in die rentekoers sal die druk op verbruikers volhou. Heelparty uitgawes word ook in… Continued

Suid-Afrika het meer as 25 miljoen krediet-aktiewe verbruikers en die totale aantal uitstaande skuld van verbruikers is ongeveer R1,8 miljard. Dit is volgens statistiek van die skuldberadingsmaatskappy Debt Rescue. Neil Roets, Debt Rescue se bestuurshoof, sê die groei in krediet is kommerwekkend omdat al hoe meer Suid-Afrikaners in ʼn skuldstrik vasgevang word. Hy wys daarop dat… Continued

Consumers can buy basic school uniform for under R100. This includes a shirt, shorts/skirt, a pair of socks and a pair of shoes at selected stores. Photo: Motshwari Mofokeng/African News Agency (ANA). JOHANNESBURG – One of South Africa’s leading retailers, Shoprite, is easing the burden of rising education costs by offering its customers a basic… Continued

Over-indebted consumers struggling to make ends meet Overspending over Black Friday, Cyber Monday and the Christmas holidays will have “severely negative consequences” for over-indebted consumers, a debt counselling expert has said. Acknowledging the brief relief brought from the decrease in fuel prices in December and now January, CEO of Debt Rescue Neil Roets also pointed… Continued

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