by Moeshfieka Botha | Apr 7, 2021 | Personal Finance
Petrol price will hit SA consumers hard Just as it seemed South Africans were recovering from the harsh lockdowns of 2020, whopping petrol price increases came into effect on Wednesday, 7 April 2021. The latest fuel adjustment for April 2021 has been published by the...
by Moeshfieka Botha | Mar 31, 2021 | Personal Finance
Every industry has bad practitioners – debt counselling is no exception Debt can be debilitating – especially when debt collectors are hounding you day and night, you are making short payments ( or no payments at all ) on your debt – and you are just struggling...
by Moeshfieka Botha | Mar 26, 2021 | Personal Finance
POPIA The Protection of Personal Information Act 4 of 2013 (POPIA) came into effect in 2020, but companies were given a grace period until 1 July 2021 to comply. Should they not comply with the Act, they may be slapped with a fine of up to R10 million or face prison...
by Moeshfieka Botha | Mar 24, 2021 | Personal Finance
What can debt collectors do? South Africa has nearly R2 trillion worth of consumer debt. It therefore stands to reason that debt collection has become a very lucrative industry in South Africa. You will normally have to deal with a debt collector when your account has...
by Moeshfieka Botha | Mar 19, 2021 | Personal Finance
Single Mothers are Struggling The financial industry relies heavily on statistics to give us an overview of how people are coping. Stats released by Tyme Bank revealed that 64% of most South African women run out of money before month end. These stats come from before...
by Moeshfieka Botha | Mar 17, 2021 | Personal Finance
Need a loan but under debt review? Many debt counselling companies in South Africa see the process of debt review as a product. A sale on which an agent earns commission. In viewing it in this manner, they fail to disclose everything about the debt review process. The...
