Credit is integral to modern life. Most people couldn’t afford to buy a house or car, or pay for tertiary education without it. But the terms associated with credit and debt aren’t always easy to grasp. This is despite provisions in the National Credit and Consumer Protection Acts that information and documentation provided to consumers […]
Credit terms translated: 5 aspects everyone should understand Read More »
Life is full of surprises; unfortunately, not all are good. While you can’t predict every challenge, being financially prepared makes unexpected problems easier to deal with. Gavyn Letley, product head at specialist loans provider DirectAxis, says the first step is to consider what you can realistically insure for. “These are events that are difficult or
Financing life’s foibles: Dealing with unexpected expenses Read More »
When applying for credit or repaying it, South Africans may assume lenders have the upper hand – but when dealing with creditors, banks, payday lenders and debt collectors, consumers’ rights are protected by law. The most important laws that regulate how credit is granted, how financial advice is provided and how debts may be collected
The laws that protect you when you need credit Read More »
As South Africa gears up for the festive season, a powerful counter-narrative is emerging, urging a radical shift in how we approach our December spending. Chris Coetzee, a seasoned debt counsellor and CEO of the FinFix Group, is spearheading a financial movement called No-Debt December. His message lands in a year where global markets have
No-Debt December: Pause before swiping this festive season Read More »