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
Are South Africans earning enough to keep up with the cost of living? Neil Roets explains.
Debt Rescue CEO, Neil Roets, says once people are paid in early December this gives them a false sense of well being and overspending occurs. “Salaries are paid in early December and people forget that their next pay cheque only comes at the end of January when they have expenses that need to be paid… Continued
December debt and ‘Janu-worry’ woes hanging over your head? Well, debt counselling group Debt Rescue has some bad news. 2017 is going to be a difficult financial year for consumers, according to Debt Rescue CEO Neil Roets. He says that more than half of South Africa’s credit active consumers (over 10 million people) are over… Continued