Latest news in the debt space
Blog
blog
National Debt Advisors – Latest Posts
Rising cost of living
As the SRD grants come to an end – the costs of food keep rising, and petrol is expected to rise by about 82c/ litre at the beginning of February as well. The January 2021 Household Affordability Index - which tracked food prices from 44...
Tips when planning to buy a house
Interest rates are at an all time low – and it is definitely a buyers’ market right now. Buying a home can be exciting and scary all at the same time. Here are some tips when planning to buy a house that can help you in the process of buying your...
Manage the back-to-school financial blues
It’s back to school soon – and with that comes the cost of school uniforms and stationery, at a time when most are feeling the financial strain of the past year. Not forgetting, that January can be an extremely long month! Whilst the re-opening of...
Stay away from unregistered money-lenders
Loan sharks – or mashonisas as they are also known as - are ruthlessly preying on financially struggling South Africans. There is nearly 50 000 of these unregistered credit providers in South Africa. Mashonisa is a Zulu term rooted in the word...
Ace these 10 questions in a job interview
Like every other country in the world – our economy has been hard hit in the last few months and the finances of nearly every household has been affected However, there are still companies that are hiring. Now, more than ever – it is important to...
Message from our CEO
I think we can all agree that 2020 proved for most people to be a year of change, a year of considerable challenges and a year of reflection. For most of us we just wanted 2020 to be over so we could wipe the dirt off our faces and start afresh. A...
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...
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...
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...
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...
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...
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?”...
