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National Debt Advisors – Latest Posts
Be Vigilant!
It seems nothing can keep fraudsters and criminals down – not even a lockdown! Fraud syndicates are taking advantage of the Covid-19 crisis. They pretend to be from the banks and ask you for your private banking details. Be vigilant and do not give them ANYTHING – and...
The NCR and Debt Counselling
The debt counselling industry and all debt counsellors are regulated by the National Credit Regulator (NCR). They recently answered some questions on the industry, the NCR and debt counselling. Question:Bearing in mind that you find good and bad practitioners in every...
Debt counsellor – friend or foe?
Recently, the debt counselling industry received some bad publicity on national television. To say that it was off-putting to consumers considering debt review is an understatement! Over the years I have heard many people share varying views on debt review. To some it...
Women and Money
The Coronavirus pandemic has had a very unbalanced economic impact on women, in comparison to men.Women across the world (not only in South Africa) earn considerably less than men who do the same work. This is incredibly sad, but true. Whilst going to work and earning...
SASSA dates have changed – again!
SASSA makes changes so often, it’s no wonder the South African public remain confused and uninformed!In case you didn’t know – SASSA dates have changed again! The payment date for August grants have changed - disability grants will now be separated from old age grants...
You gotta know how much you owe!
Get out of denial The easiest thing to do with your debt, is to convince yourself that you have it under control. Or better yet – pretend it doesn’t exist. But De-NILE is a river in Egypt. It isn’t a good space to be in with your debt. To be able to find a suitable...
The best jobs during lockdown
Covid-19 and lockdown has affected every part of our lives. Especially our work. There have been huge job losses and interruption of income. Some industries have been worse hit than others. It seems like the entertainment, tourism, restaurant / catering and cleaning...
The first 3 months of lockdown were easy. Now comes the hard part.
Many people think that the first 3 months of lockdown were financially hard. I think the next few months are going to be even harder. The three-month payment holidays offered by the banks to struggling consumers either stopped at the end of last month, or will stop at...
Consumer Rights
As consumers, we have consumer rights – especially since the The South African National Consumer Protection Act (CPA) came into effect on 1 April 2011.Yet sadly, many of us still get “caught out” because we are not aware of these rights. In order to better understand...
Your physical, financial and emotional health matters!
I have been in the debt industry for many years. Through writing about it for a range of publications, surviving the financial distress brought on by my own divorce – to being in charge of a project set up by the Department of Trade and Industry and the Credit...
Why is SASSA declining the R350 applications?
“The road to hell is paved with good intentions.”Never has this been more apparent than with the SA government’s, and especially SASSA’s plans during the Covid-19 lockdown. It’s one thing to have plans on paper – it’s a completely different thing to actually implement...
Daily finance tips to survive the lockdown
The COVID-19 goal of many is simple: SURVIVE.This reality does not involve having nest-eggs, savings and investments. This reality has to see to it that people have food, electricity and a roof over their heads - at least until the end of this lockdown. Here are a few...
