Financial experts are calling on South Africans to ensure they budget their finances carefully amid the coronavirus pandemic. This as the festive season draws to a close and thousands of people resume work activities. Neil Roets, the founder and CEO of Debt Rescue says people should familiarize themselves with the National Credit Act (NCA). “We… Continued
More and more consumers are struggling after the financial difficulties Covid-19 has imposed on the South African economy. Yilungelo Lakho interviews Neil Roets and finds out more about how the debt review process works. Neil explains how debt review can help consumers pay back their debts in an affordable way without the risk of having… Continued
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… Continued
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… Continued
Rate increases by South Africa’s central bank have left at least 10 million people crippled by debt in a country where many people buy on credit. The result may be a further slowdown in South Africa’s slumping economy, which is now expected to grow just 0.9% in 2016. That would only aggravate the problem for… Continued
CEO at Debt Rescue, Neil Roets says South Africans don’t have a saving culture and that is resulting to debt. He says financial education should be the first priority among citizens to assist in their financial challenges. According to a new report released by Debt Rescue, middle-aged South Africans are the most indebted population group.… Continued
Motorists face another hike in the petrol price next month. The cost of the commodity will increase by 18 cents a litre. Petrol has increased by over R1 a litre in the last two months. CEO of Debt Rescue, Neil Roets says this will have a knock-on effect on the prices of all other commodities.… Continued
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