Reckless spending in a recession
In today’s blog, we want to talk about reckless spending and the latest news for consumers that South Africa is back in the recession. We at Consumer Debt Support (CDS) can say the recession has been with us the past two years. We walk down the road in the lives of those struggling with reckless […]
Reckless credit and the bad habits of it.
In this week’s blog, we take an in-depth look at what is Reckless Lending. What does it mean when debt that is possibly recklessly, is granted by a credit provider. What happens when a credit provider gives credit to a person who does not understand what is required of him/her, or who can never realistically […]
Debt review in a NUTSHELL
This week’s blog is about easy steps to debt review and how we at CDS can help you make the most of a debt review application and guidance to ensure you deal with only registered practitioners whose registrations are up to date with the National Credit Regulator. STEP ONE: Here at CDS, a registered debt […]
Let go of your debt in debt review
Let go of your debt in debt review The fact that South Africa is declared as the country that is most over-indebted in the world has a direct impact on work life and social development. We are the country with the largest increase of unsecured debt, with most expensive credit life insurance and service fees […]
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 […]
