Debt Reconciliation
Debt Reconciliation: In this week’s blog, Consumer Debt Support (CDS) look into debt reconciliation. We can also name it debt elimination, another way to assess and eliminate excessive debt by refinancing credit card and other unsecured debt into one manageable and affordable account. Consumers are finding it difficult to make decisions whether to apply for a […]
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 […]
