The future for SA consumers looks bleak A while back, consumers were forced to cut out luxuries from their spending to keep their heads above water. But, now, they will have to start cutting on basic necessities just to stay alive. All the main economic indicators show that things in South Africa are going to… Continued
South Africans are taking out debt for food Imagine taking out debt for food. This has become a horrid reality for South Africans. Many consumers are in debt in a floundering economy. Some are even taking out debt just to feed themselves and their families. The rising petrol price is affecting consumers even more. Motorists… Continued
Sharp increases for South Africans Consumers will experience sharp increases in municipal services, electricity, diesel and petrol prices. Consumers will have to tighten their belts even more and spend wisely to make ends meet. Neil Roets warns that these price increases may cause many South African consumers to fall deep into debt. This is because… Continued
South African consumers will face tough times as petrol, diesel and illuminating paraffin increase by 75c, 93c and 76c respectively. Other factors, such as the increase in toll fees and the general fuel levy and the Road Accident Fund levy will also stretch consumers financially. The increase in the price of petrol will affect the… Continued
Are South Africans earning enough to keep up with the cost of living? Neil Roets explains.
Neil Roets uitvoerende hoof van debt rescue praat oor skull en hoe jy die better kan bestuur in 2019.
Neil Roets explains more than half of credit-active consumers are over-indebted.
CAPE TOWN – This is the season to be jolly but it’s also the season to fall into a debt trap. Festive season spending fever will go into overdrive with Black Friday this week. While some will be hunting for bargains, many will be plunging themselves into debt by needlessly splurging. One of South Africa’s… Continued