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.
After Christmas overspending, debt-ridden consumers swap valuables for cash FTER a long December holiday of over-spending and poor planning, pawnshop and second-hand dealers are expecting an influx of people desperately short of cash in January. Meanwhile, debt rescue service providers say they see a dramatic increase in the number of people requesting their help at
After a long December holiday of over-spending and poor planning‚ pawn-shop and second-hand dealers are expecting an influx of people desperately short of cash in January. Meanwhile‚ debt rescue service providers say they see a “dramatic” increase in the number of people requesting their help at this time of year. Tom Fuhri‚ CEO of the
Hanlie Stadler Suid-Afrikaanse verbruikers moet huile gereed maak vir ‘n moeilike jaar. Die petrolprys styg reeds Woensdag met tot 50c per liter en dit is dalk nie naastenby die slegste niius wat skuldbelaaide verbruikers sai moet verdumme. Inflasie – veral wat kospryse betref – gaan nog geruime tyd hemelhoog wees, met veral vleispryse wat volgens
Debt Rescue says the government should help consumers learn how to spend their money wisely. JOHANNESBURG – Debt Rescue has said that the government should step in, in helping consumers learn how to spend their money wisely. This comes after reports from Focus Economics and BankservAfrica Economic Transaction Index (BETI) showing that South Africa is
CEO Neil Roets says 2016 has been a hard year for most consumers, but 2017 will more than likely see even more people going into debt. JOHANNESBURG – Debt Rescue has warned South Africans are in for more troubled economic times in 2017. It says issues like next week’s hefty increase in fuel prices and
HUMOUR, hard work and toughness are the traits of South Africans in hard times. They helped us through 2016. Water restrictions. President Jacob Zuma’s ill-advised pandering to the Gupta family, racist online posts, the FeesMustFall campaigns and the attempts by business, labour and government, led by Finance Minister Pravin Gordhan, to avoid a ratings downgrade
With the January fuel price expected to top 51 cents a litre and diesel more than 40 cents a litre, far more worrying is the slew of bad news showing that SA consumers are in for a rough ride in 2017. A Reserve Bank rate increase is likely after the US Federal Reserve’s decision to
“They get into debt during this season because they don’t budget. They feel obliged to spend money on presents and holidays even if they can’t afford.” – Neil Roets CEO of Debt Rescue
Holiday season tempting for consumers to spend more money than budgeted for AS THE festive fever gets into full swing, many consumers are already shopping like there is no “January disease” that is also fast approaching. Debt counsellors have warned people about getting into further debt over the festive season. Neil Roets CEO of Debt
While a petrol price cut and ‘safe’ verdict from ratings agencies is cause for celebration this festive season, consumers have been warned to not get ahead of themselves and spending cautiously over the holidays. This is according to Debt Rescue CEO, Neil Roets, who says that the Christmas period typically inspires consumers to spend beyond
