Latest news in the debt space
Blog
National Debt Advisors – Latest Posts
Prescribed Debt: How To Get Rid Of The Burden Of Old Debt
Are you battling with prescribed debt and uncertain about the legal protections available to help you break free? The Prescription Act in South Africa limits how long creditors have to pursue legal action to collect money owed. Simply put, it means...
National Minimum Wage: What You Need To Know
The National Minimum Wage is an important move toward making sure everyone gets paid fairly. But it's about more than just the money. In this blog, we'll look closely at the South African minimum wage per month, how it changes things for both...
Loans For Bad Credit: What Are Your Options?
With over 42% of the 23 million credit-active consumers falling behind on their debt repayments, loans for bad credit are a common thought among South Africans. In this blog, we're digging into all things bad credit loans South Africa, shedding...
African Bank Loan: What You Need To Know Before Applying
Considering an African Bank loan for unexpected expenses or a major financial decision? It's important first to understand the bank's past and the current loan environment. African Bank, once a key player in South Africa's loan market, faced a...
Getting Loans Blacklisted: Understanding the Dynamics
When it comes to obtaining loans blacklisted, it's crucial to understand that the drawbacks often outweigh the benefits. If you're ever in a situation whereby you need a loan but are blacklisted, seeking financial help can feel like an uphill...
Clothing Accounts in South Africa: A Rising Trend Amid Economic Challenges
Clothing Accounts in South Africa are fast gaining popularity, and amid the country’s ongoing energy crisis, high unemployment rates, and wavering consumer confidence, it's no surprise that many of us are turning to credit for financial support. In...
Decoding Sequestration: What You Need to Know
Dealing with overwhelming debt can be a tough situation, and you might be exploring your options. Of these options, sequestration is often considered a last resort. It involves giving up all your possessions but allows you to start fresh without...
Gym Membership Prices in South Africa: Making Informed Choices
Are you feeling the squeeze of rising expenses and a tighter budget that can hardly fit almost anything, let alone gym membership prices? The cost of groceries is steadily climbing, petrol hikes are making us stay home more often than lockdown...
Retrenchment Realities: The What, Why, and Can a Company Rehire
​Since the COVID-19 pandemic and its devastating economic impact, retrenchment has taken centre stage, and receiving that dreaded retrenchment letter has become a reality for many South Africans. Employers across various industries have had to make...
Social Relief of Distress: Bridging Gaps in Times of Need
The COVID-19 pandemic might feel like a distant memory, but the truth is that its financial impact continues to echo in the lives of many South Africans, with many relying on the social relief of distress grant to survive. One of the most stressful...
Minimum Wage in South Africa: Is it Enough To Live On?
The minimum wage in South Africa sets the lowest amount employers must legally pay their workers for their time and effort. However, its complexities go beyond a simple definition, as it can take various forms and be established through different...
Confused About Your Debt Review Balances? Let’s Clear the Fog!
We understand that managing your finances during debt review can feel like a winding path with unexpected twists and turns. At National Debt Advisors, we're committed to ensuring your financial well-being and always ready to guide you through any...