With food prices steadily climbing, managing your grocery list in South Africa has become a crucial part of maintaining a balanced budget. Crafting a smart grocery shopping list isn’t just about cutting costs; it’s about making sure you and your...
Category - NDA Blog
Exploring Debt Review As A Path To Financial Stability
Often a lifeline for many struggling with debt, debt review is a structured process designed to help those who are over-indebted manage their financial obligations more effectively. In this blog, we will delve into the concept of debt review, a...
Your Guide To Rent To Own Cars: Benefits, Drawbacks, And Financial Tips
In today’s ever-evolving automotive market, alternative car ownership schemes like rent to own cars are becoming increasingly popular, especially for those facing financial constraints. At National Debt Advisors (NDA), we aim to keep you informed...
How to Get a Loan Under Debt Review
Are you feeling overwhelmed by your monthly debt repayments and wondering how to get a loan under debt review? You're not alone. Many people find themselves in a similar situation, struggling to keep up with their financial obligations. That's...
Counting The Costs: Examining The Disadvantages Of Debt Counselling
Acknowledging the disadvantages of debt counselling despite its reputation as a beacon of hope for individuals grappling with financial burdens, is crucial. Despite offering a structured pathway out of overwhelming debt, debt counselling comes with...
Everything You Need to Know About Sassa Loans
The topic of SASSA loans has gained significant attention recently, especially in 2017, when an alarming increase in lenders demanding SASSA (South African Social Security Agency) cards as security for loans was noticed. This trend prompted serious...
Consumer Protection Act South Africa: Impact & Implications
Recent developments from the Department of Trade and Industry bring proposed amendments to the Consumer Protection Act in South Africa, targeting the financial burdens faced by over-indebted households. This plan, emerging amid growing financial...
Disadvantages Of Debt Consolidation: Unpacking The Bitter Truth
Disadvantages of debt consolidation notwithstanding, many of us know the struggle of juggling student loans, car payments, and credit card bills all too well. It can feel like a never-ending cycle: you pay down some debt, only to find there's...
Debt Review Removal: Navigating The Journey Out
Debt review removal can be a major concern for individuals as they start their journey to manage debt. The process, introduced by the National Credit Act 34 of 2005, has been a critical turning point for those grappling with heavy debt. It's...
Tax Implications of an Interest Free Loan
Interest free loans sound like an enticing financial solution for anyone looking to borrow money without the added burden of historical interest rates especially considering the past year when we saw a significant interest rate change in South...
Navigating Repossessed Cars: Protecting Your Vehicle and Finances
From driving to work and dropping our kids off at school to running errands, our cars play a pivotal role in maintaining our routines, and the thought of dealing with repossessed cars adds an extra layer of stress that no one can afford. However,...
Simplify Budgeting with the 50 30 20 Rule
In today's economy, where 75% of South Africans are concerned about the constant increase in the cost of daily essentials, the 50 30 20 rule stands out as an essential method for managing finances. It serves as a practical guide for those grappling...