FICA
What does FICA mean? In this week’s blog, we here at Consumer Debt Support (CDS) take an in-depth look into what it means when you need to be FICA’d. We explain this process and explore the reasons why. The Financial Intelligence Act has been enforced since 2003 and is the only way your identity and […]
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 […]
Finding balance between lending and spending
In today’s blog, we discuss balance in healthy lending versus spending. Let us start with the credit report which is a vital part when you are over 18 and seen as an adult who may have access to credit. When a credit report has a bad scoring or low scoring, either way it can have […]
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 […]
