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.
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
Debt Rescue, one of the largest debt counselling companies in the country, says the economic fallout from the Covid-19 pandemic has left many South Africans facing financial ruin. “We see this clearly reflected in the growing number of folks approaching us, and other debt counselling companies, seeking to be placed under debt review in order
What does a ‘debt holiday’ mean to someone who is already over-indebted? Neil Roets explains what consumers can expect by applying for ‘debt holiday’ or payment breaks provided by banks in South Africa during COVID-19 lockdown.
SAfm hosts panel of debt experts to answer debt-related questions including: Is it advisable to take out a loan as a business owner to pay employees during COVID-19 lockdown? Can I make arrangements with the bank for my bond repayments? How will the lower interest rate affect my monthly repayments?
CEO, Neil Roets says, “Consumers are becoming more and more indebted as the lockdown continues. Although financial institutions have offered customers payment holidays, these debts still have to be paid if the government hopes to recover the economic damage caused by the lockdown.”
Oil prices have recently collapsed to an all-time low reaching below $0 for the first time in history. Traders dumped oil due to the ongoing impact of the Coronavirus. The historic decreases are expected to have a negative knock-on effect on oil-producing countries, many of which are in Africa. Economist Neil Roets explains this is
Due to the national lockdown, South Africans are left to make do with the little they have. Neil Roets joined Breakfast with Martin Bester telephonically to discuss the effects of the national lockdown due to the coronavirus. Roets is the founder and CEO of Debt Rescue, one of the biggest debt counselling companies in South
Debt Rescue has warned South Africans to prepare for the worst after Moody’s downgraded the country’s credit rating to junk status. The company’s CEO Neil Roets says while ordinary people will not feel the impact of the downgrade directly, it will have a severe impact on the rand. “It will affect foreign investments that could
Verbruikers, beide hier en in die buurlande word gewaarsku om nie, tydens die inperking roekeloos te raak met die betaling van hul debietorders nie. Maatskappye wie se werkers nie tuis kan werk nie, is reeds in kennis gestel dat hulle miskien slegs ‘n persentasie of geen salaris mag kry nie. Die Suid- Afrikaanse Ekonoom, Neil
