Black Friday can become a January debt trap
South African’s are facing a festive hype whilst waiting for brochures for this year’s Black Friday deals in preparation for the 25th of November 2022. Consumers had been financially planning for this event of special deals and picking up great bargains just before Xmas. The reality is that many consumers could face overspending on the […]
How to minimize spending over the festive holidays
Festive season celebrations: How to minimize spending. In this week’s blog, we here at Consumer Debt Support (CDS) would like to share more on this topic, the season of giving and sharing. We all have to prepare ourselves well in advance for the festivities of holiday visitors, Christmas and New Year Celebrations. Keeping this all-in […]
Over-indebted consumers struggling to get rid of debt.
In this week’s blog, we look at the latest analysis released by the World Bank that declared South African consumers as the biggest borrowers in the world. The increasing problem of credit extensions and slower job creations, and the concerns that the economy won’t be able to carry the burdens forever. Since the National Credit […]
Making the right choice is vital for your debt review.
Making the right choice is vital for your debt review. This week’s blog topic we want to share with consumers the problems you can expect when an account in debt review is in arrears, this week is the home loan account. In most cases the consumers bring the arrears up to date immediately, but when […]
Making the right choice is vital for your financial future
MAKING THE RIGHT CHOICE IS VITAL!!! Sound choices. The topic of this week’s blog is, making good, sound choices when it comes to finances that will ensure the success of a debt review. When going into arrears with your money, catching up is not as easy as one thinks. One of the biggest problems facing […]
