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.
By Shaun Jacobs Around 69% of South Africans say they cannot pay their bills on time every month due to steep increases in the cost of living over the past two years. This was revealed in a survey conducted by Debt Rescue during December, with the company only expecting this to get worse as South
As we embark on a new year, it’s crucial for consumers to make informed financial decisions to avoid landing in debt. So, says debt counselling company, Debt Rescue. Annaline van der Poel, Chief Business Development Officer at the company, says creating a realistic budget that accounts for your income and essential expenses is vital. She
By Hlulani Debt Review Cape Town, also known as debt counselling, is a legal process in South Africa designed to help over-indebted individuals manage their financial situation and get out of debt. It’s governed by the National Credit Act (NCA) and overseen by the National Credit Regulator (NCR). What Is Debt Review? Debt review, also
By Neesa Moodley The cost of education is frightening, but there are a few ways to keep things from spiralling. Now that the heady rush of the festive season is past and many are back at work, parents are facing the onslaught of school costs, including fees, stationery and uniforms. The second annual DebtBusters Money-Stress Tracker
By: Wendy Jasson Da Costa It’s not only in “Januworry” that cash-strapped South Africans run out of money before month end, forcing them to turn to loan sharks, friends or family to pay for essentials until payday. The cost of living, especially transport costs, often pushes consumers into borrowing. Paymenow, a fintech company, said the
COO, Annaline van der Poel, says most hope December bonuses will keep them out of financial trouble but, with the higher cost of living, and increased spending over the festive season, those funds soon disappear. This leaves most South Africans with no choice but to take out more credit.
Kenners meen dit is belangrik om die goeie nuus van die vyfde agtereenvolgende daling in brandstofpryse te vier, maar die gevaarligte flikker reeds en voorbereiding is uiters belangrik.“Verbruikers moenie te opgewonde raak nie aangesien die huidige geopolitieke verwikkelings wat internasionale oliepryse beïnvloed, soos kommer oor skeepsroetes in die Rooisee, skadu werp op die volhoubaarheid van
By Philippa Larkin The petrol price drop is most welcome, but not enough to ease the financial burden consumers carry into 2024, according to Debt Rescue and trade union Uasa. Minister of Mineral Resources and Energy Gwede Mantashe this week announced a drop in the price of both petrol and diesel to start the new
By Yogashen Pillay The festive season has left some people with a dent in their pockets, experts have urged consumers to tighten their belts. As the festive season has left some people with a dent in their pockets, experts have urged consumers to tighten their belts to avoid the January blues. Neil Roets, CEO of
South Africans have faced mounting financial pressures in 2023, and Debt Rescue has outlined eight ways South Africans can master their finances in the new year. South Africans are expecting increased prices in 2024 despite a recent decline in headline inflation in the country. As per the Bureau for Economic Research’s (BER’s) latest Inflation Expectations
