Debt Guidance

Tough situations build strong people. Contact us for a free financial assessment today to reduce your repayment installments.

https://www.iol.co.za/business-report/economy/dont-find-yourself-in-a-debt-spiral-as-interest-rates-remain-high-e250ca49-5597-40c1-8636-a958fc2a3ac5

Don’t find yourself in a debt spiral as interest rates remain high The SARB’s monetary policy committee (MPC) unanimously voted to leave the repurchase rate (repo rate) unchanged changes at the 14-year-high of 8. 25%.

Make the smart choice today, contact Debt Guidance today

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https://www.timeslive.co.za/news/consumer-live/2023-02-20-how-to-stop-fraudsters-pretending-to-be-you-running-up-debt-in-your-name/

How to stop fraudsters pretending to be you running up debt in your name In this weekly segment of bite-sized chunks of useful information, consumer journalist Wendy Knowler summarises news you can use.

https://www.iol.co.za/personal-finance/my-money/high-inflation-and-rising-interest-on-credit-will-continue-to-squeeze-sa-consumers-abf4267c-1c41-4f22-b08e-266a91839d55

High inflation and rising interest on credit ‘will continue to squeeze SA consumers’ Higher interest rates will further decrease consumers’ disposable income as more money needed to be allocated towards debt financing

https://www.iol.co.za/personal-finance/debt/more-living-on-credit-as-living-costs-rise-report-2976bd5f-86db-46a5-b376-7a9a69cc0eab

More living on credit as living costs rise – report South Africans opened more credit accounts to help them navigate the pressured economic climate, while lenders offered smaller loans and imposed limits on revolving facilities to mitigate risk. This is according to the third quarter 2022 TransUnion South Africa Industry Insights Report.

https://www.news24.com/fin24/companies/38-of-sa-parents-behind-on-school-fees-with-many-private-schools-losing-pupils-survey-20230130

38% of SA parents behind on school fees, with many private schools losing pupils - survey | Business Against the backdrop of a weak economic environment, collecting school fees in SA has become the number one challenge facing schools, according to a survey.