What Happens to Your Debt When You Pass Away?
What Happens to Your Debt When You Pass Away? There are many misconceptions about debt and inheritance. Many South Africans believe that their debts disappear at their death, but this is not so. There are two possible scenarios that take place when you pass away that will inform how your debt is managed and whether […]
What You Need to Know About Credit Assessments in South Africa
What You Need to Know About Credit Assessments in South Africa Credit assessment, credit score, credit check, credit report are all terms we hear in relation to loans, credit cards and lending but what does it actually mean and what is the difference between a good credit score versus a bad one and how does […]
Cash Strapped Tips: How to make your money go further
Cash Strapped Tips: How to make your money go further The cost of living has significantly overtaken the household income of already cash-strapped South Africans who are reaching for credit and costly short-term loans to plug their financial shortfalls each month. The cause of the current consumer debt spiral, which is steadily worsening, is due […]
Debt Review VS Debt Mediation
What is Debt Mediation? Debt mediation (VDM) is a process that involves negotiating better debt terms with your creditors so that your monthly debt repayments are lower. Scamsters often lure financially vulnerable individuals by offering this ‘service.’ They ask for fees based on false promises that all their debt will be cleared and that creditors […]
Money Talks for Newlyweds: The Key to a Successful Marriage
Money problems and financial infidelity are among the top reasons South Africans get divorced, which highlights the importance of talking about money soon after tying the knot. Money out the front door, love out the back door is as the saying goes. “We have seen first-hand the impact that money stress has on new marriages,” […]