Chief Operating Officer at Debt Rescue, Annaline van der Poel, reflects on how the result of overspending will see the increase in credit in South Africa. Debt Rescue · Smile 90.4 FM – Fuel Levy & Road Accident Fund Levies lead to petrol and diesel price increases
Economist and CEO of Debt Rescue Neil Roets says South Africans should brace themselves for difficult times as the economy struggles to recover. Despite the hardships brought on by the Covid-19 pandemic, lifewill now be even more difficult with the AA predicting a rise of a whopping R1 a litre in the price of fuel.… Continued
Debt Rescue CEO Neil Roets says he fears for low-income families when fuel and electricity prices increase in April. According to Automobile Association (AA), petrol is set for a massive increase of 73 cents a litre, diesel an increase of 39 cents, and illuminating paraffin and an increase of 37 cents. Eskom has also announced that it will increase electricity tariffs… Continued
“Released earlier this month by the SA Human Rights Commission revealed over fifty percent of South Africa’s credit-active consumers, which amounts which to ninety million people, are over-indebted and this has been compounded by South Africa’s low-level savings. Joining us in conversation to reflect upon the last year, particularly its impact on consumer debt as… Continued
Debt Rescue CEO Neil Roets says tough economic times being far from over, South Africans must ensure that they don’t take up don’t any more debt. More debt economists say already indebted South Africans are notoriously big spenders especially now that the festive season is coming up. Debt Rescue · Consumers should not take up… Continued
Debt Rescue CEO Neil Roets says South Africans will need to cut their expenses and adopt a more affordable lifestyle as the financial impact of the Covid-19 pandemic continues to be felt. Already-indebted South Africans are notoriously big spenders over the festive season and will now have face drawing up a budget in January as… Continued
Financial experts are calling on South Africans to ensure they budget their finances carefully amid the Coronavirus pandemic. As the festive season draws to a close, thousands of people resume work activities. Neil Roets is the founder and CEO of Debt Rescue, “We all have to that we make sure we plan for this whole… Continued
Annaline van der Poel gives guidance to South African consumers on which signs to look for when considering debt review. She also goes through which options over-indebted consumers have and how Debt Rescue can assist. Debt Rescue · When Should You Apply For Debt Review? – Annaline van der Poel
Neil Roets who is the CEO Debt Rescue advises that despite looking at the rebound of the GDP, we must remain cautious particularly during this period. Debt Rescue · Despite GDP Rebound Consumers Must Remain Cautious – Neil Roets
Neil Roets explains how consumers are coming out seeking the financial help they need after the implications the lockdown had on many households. He goes on to explain how South Africa’s legislation caters to the over-indebted with debt relief options such as Debt Counselling being available. Debt Rescue · Consumers are seeking the financial help… Continued
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