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.
Annaline van der Poel, Chief Partnership Officer at Debt Rescue, says the fuel price reduction is welcome but a steep diesel hike and a devastating paraffin increase of over two rand per litre are trapping households and businesses on a damaging fuel price rollercoaster, with consumers facing escalating food and transport costs.
Annaline van der Poel, Chief Partnership Officer at Debt Rescue, discusses the decline in business liquidations in South Africa, attributing it to a combination of factors affecting specific industries including finance, insurance, property and business services.
Annaline van der Poel, Chief Partnership Officer at Debt Rescue, is discussing a consumer survey showing nearly half of respondents don’t know how they’d cope if high borrowing costs remain. She notes households are sacrificing essentials and relying on credit, with little room left in monthly budgets.
In this interview, Annaline van der Poel, Chief Partnership Officer at Debt Rescue, explores the financial challenges South Africans are facing as rising living costs continue to place increasing pressure on household budgets. She explains how debt review offers a structured path for over-indebted consumers to regain control of their finances, ease financial strain and
This clip highlights the findings of a Debt Rescue survey, which revealed that many South Africans were left in a worse financial position after the festive season. More than half of those surveyed said they regretted the amount they spent on holiday celebrations, underscoring the lasting financial impact of festive overspending.
A person trapped in a cycle of payday loans and loan sharks seeks help from a debt counsellor at Debt Rescue to break the cycle and regain financial control.
Annaline van der Poel discusses how consumers may not feel the effects of cheaper fuel due to combined financial pressures, including rising food prices, municipal tariffs, transport costs and potential interest rate hikes that erode disposable income.
Many respondents worry they cannot cope with another rate hike, and nearly half are unsure how they would manage. Two-thirds fear falling behind on debt obligations if borrowing costs increase further.
A Debt Rescue survey reveals that South African consumers are nearing a financial breaking point, with nearly half unable to cope with further interest rate increases and over two-thirds at risk of falling behind on debt repayments as rising borrowing costs combine with higher fuel and living expenses.
A new debt rescue survey highlighting consumer anxiety over rising interest rates. Many respondents worry they cannot cope with another rate hike, and nearly half are unsure how they would manage. Two-thirds fear falling behind on debt obligations if borrowing costs increase further.
