Credit Card Dependency Soars as South Africans Struggle to Survive
South Africans have faced a challenging year dealing with sluggish economic growth, limited consumer spending power, and unprecedented hikes in fuel prices that disrupt daily
South Africans have faced a challenging year dealing with sluggish economic growth, limited consumer spending power, and unprecedented hikes in fuel prices that disrupt daily
Debt consolidation allows consumers to consolidate their debt held with various credit providers into one manageable debt that they can pay off. Debt consolidation can
Managing personal finances can often be overwhelming, especially when faced with mounting debts and financial obligations. In such situations, seeking the right solution to alleviate
Everyone has a debt to manage. Sometimes, if you have a large amount of debt you have to put in more effort to manage it
A snapshot survey by personal finance website JustMoney has revealed that more than 82% of respondents are in debt ‒ with the need to buy
Payment holidays offered during the three-month period from April to June 2020 will cost an additional R20.7billion in debt for the estimated 1.6 million South
The current economic environment coupled with further challenges of income instability that COVID-19 brings requires consumers to cultivate good money management habits, focus on essentials,
The National Credit Regulator (NCR) has warned against phoney credit providers, reiterating that only businesses registered with the NCR can provide loans to the public.
Many South African households are facing significant financial hardship as a result of the Covid-19 crisis and lockdown of the South African economy. Although there
Government and financial service providers are looking at ways to mitigate the inevitable impact the Covid-19 lockdown will have on the nation’s pockets, but consumers
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