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National Debt Advisors – Latest Posts

Disputes after death

Disputes after death

Losing a loved one can be extremely traumatic – and grief often brings families together. Sadly, there are many times when these states of bonding only lasts until the will is read – if there is even a will! Many a drama and ugly dispute can be...

Demystifying debt review (part one)

Demystifying debt review (part one)

There are lots of myths surrounding the debt relief option of debt counselling in South Africa. Most misinformation is there because of the lack of financial literacy and education available to consumers. We sat down for a candid discussion with...

Repo rates remain the same

Repo rates remain the same

The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 3.5%. In a statement on Thursday afternoon (20 May) the Reserve Bank governor Lesetja Kganyago  announced that the South African Reserve...

SA not out of the woods yet

SA not out of the woods yet

New data shows majority of South Africans are defaulting on their personal loans – and we’re not out of the woods yet. As a nation, our dismal track record in terms of debt and defaulting on repayments is nothing new – but the onset of COVID-19 has...

Avoid debt traps

Avoid debt traps

Not all debt is bad debt – but we have to keep a careful eye on how we manage our finances, so that we can avoid becoming over-indebted and dependent on debt. Avoid unregistered micro-lenders / mashonisas This is a debt-trap if ever there was one!...

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