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National Debt Advisors – Latest Posts
How to pay off your debt
Everyone keeps preaching that you should pay your debts – but no one ever explains how to do it. Well, here are the most common debt payment methods – if your debt is affordable, you are not skipping payments and you are not taking from Peter to pay Paul. Snowball...
Rocky start to 2021
Consumers have had a rocky start to 2021! On Wednesday 6 January 2021 , petrol rose to over R14/litre in Cape Town. According to the TransUnion credit bureau’s South Africa Industry Insights Report for the third quarter of 2020, the serious delinquency rate (accounts...
Research shows that SA consumers can’t pay their debt
Consumer credit reporting agency TransUnion recently released research which shows that Covid-19 is still affecting the ability of South Africans to pay their bills. TransUnion conducted an online survey of 1,100 adults in South Africa, between 1-3 November 2020. The...
Why are ratings by credit agencies important to ordinary SA consumers?
The world’s most important credit ratings agencies have said that SA will be unable to afford its debt; and it is unlikely that the government will be able to avoid the crisis by implementing its elaborate plans to revive the economy — including cutting spending and...
Save and plan during the holidays
As we head into the holidays and government has advised us to once again be extra vigilant and stay home and take safety precautions against rising numbers of Covid-19, now would be a good time to take a look at our finances and save money – whilst getting our...
How those living on minimum wage or low income can save
Very often we think about saving, in very literal terms. We think about physically saving money in a jar or in a bank account. This way of thinking leads us to (rightfully) say “I don’t even have enough for necessities, how am I supposed to save?” It is here, where...
Traditional scams that escalate at this time of the year
Nothing keeps die-hard criminals at bay. Now, more than ever we have to be vigilant and safeguard our hard-earned money. Here are three traditional scams that escalate at this time of the year: 1. Vishing scams Someone pretending to be from the bank will call you....
Safety Tips for Online Black Friday Shopping
Covid-19 has undoubtedly changed the way people shop. Many people don’t want to expose themselves to crowds and queues and have opted to do their shopping online. Online shopping is expected to reach its peak with Black Friday happening this weekend. I would really...
Know your Consumer Rights
Consumer Rights As we head into the shopping season of year, we need to be aware that as consumers, we have rights. Yet, few South Africans are even aware that there is legislation protecting our consumer rights. It's important that you know your consumer rights. The...
Safeguard your money over the festive season
2020 has been like no other year before it. No one could ever have imagined that this year would hold so much upheaval on every level – especially on the financial front. Many people lost their jobs and even more people had their salaries interrupted and adjusted...
Your rights with regard to vehicle repossession
You must know your rights when it comes to debt collectors, especially those who want to repossess your vehicle. Let’s be clear, no one except a sheriff with a valid warrant of execution, that has a court stamp and is signed by a court official - may enter your...
2020 Savings Tips for Black Friday
Almost nothing about 2020 has been normal. Nearly everything in 2020 has been different. Yet, our advice around Black Friday shopping remains the same – specifically because of all the upheaval we have experienced this year. Lockdown hit our pockets hard! Jobs were...
