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.
Die ekomonie staan tans stil, wat ‘n negatiewe impak op elke huishouding het. Talle sukkel om hul skuld te betaal en reeds 2 uit 5 mense het aansoek gedoen vir verligting vanaf krediteure. Neil Roets vanaf Debt Rescue waarsku verbruikers om steeds hulle skuld te betaal as hulle kan, en nie verdere lenings aan te
The coronavirus pandemic outbreak, which has claimed thousands of lives globally, has introduced us to new ways of doing things, some uncomfortable but necessary to curb its spread and save lives. However, there are also some “positive habits” that might be helpful to normalise and embrace past the lockdowns and pandemic. Below are a few
Een van die positiewe gevolge van die COVID-19 pandemie is die reserwebank se besluit om die rente koers met 100 bases punte te sny. Die Suid Afrikaanse reserwebank het die voorbeeld van talle ander lande se sentrale banke gevolg en die rentekoerse met 1 persentasie punt gesny. Dit is gedoen in ‘n poging om aan
Almost half of credit consumers in SA are behind on payments Bad debt soars as people in South Africa are spending money they don’t have. After Cyril Ramaphosa announced a state of disaster, photos and videos of people clearing the shop shelves have gone viral. Debt Rescue was already preparing for a very busy year
Moody’s rating next month is widely expected to be a downgrade to junk. Consumers must avoid falling into a debt trap “like the plague” as the possible downgrade of South Africa’s credit rating by Moody’s next month could undermine the December petrol decrease and the recent Reserve Bank repo rate reduction, experts said. Efficient Group’s
Black Friday: A big sale is coming Experts have called on consumers to think twice before going on a spending frenzy before and on Black Friday. With just over 2 weeks to go, stores have already started advertising specials online. Consumers who cannot resist the Black Friday temptation have been advised to plan their purchases
The impact of poor economic conditions Poor economic conditions are causing consumers to default on payments, such as bond and loan repayments. The middle class are not only struggling to sell their homes, but they are also struggling to get their asking price. There’s been a growth in the sale of homes below R400 000.
Volgens ‘n onlangse peiling van Budget Insurance, sê meer as die helfte (52%) van Suid Afrikaners dat hulle wel vir ‘n noodgeval spaar terwyl net 19% vir 3 maande sal kan oorleef indien hulle sonder ‘n inkomste sal wees. Die enigste manier om die situasie te verbeter is deur werkskepping alhoewel dit nie tans lyk
Price hikes are affecting South Africans If you’re feeling the weight of the price hikes in the country, you’re not alone. While South Africans are in for a rough ride after the recent electricity and fuel hikes, already struggling consumers may have to tighten their belts even more. eNCA speaks to Debt Rescue’s Annaline van
