Debtfree

Read Debtfree Magazine Now

Debtfree Magazine August 2017 Debtfree Magazine is out and you can read it now. This month we compare dieting and debt review. They share many things in common (like needing it but not wanting it). We also review the DCASA … read more

Debtfree Magazine August 2017 – Editor’s Note

Debtfree Magazine – Editor’s Note When you hear how much professional fighters get paid you may wonder if you would be prepared to let someone punch you in the face, for half an hour, in order to earn a few … read more

Debtfree Magazine Cover

Debtfree Magazine August Cover This month we ask: Is it time for a debt diet? Maybe a credit cleanse or some bad debt banting. There are many similarities between dieting and debt review. We explore these in this issue. We also … read more

Is Debt Review Expensive?

Is Debt Review Expensive? We all know that you get what you pay for. Buy a cheap ‘n nasty no-name brand product from the guy on the station platform for a pittance, and you will not be surprised if it … read more

Read Debtfree Magazine Now

Debtfree Magazine Online – Read It Right Now The latest Debtfree Magazine is available to read online right here (BELOW). This issue we not only catch up on the latest news and goings on in the industry but also consider … read more

Debtfree Magazine – Editor’s Note

Debtfree July 2017 – Editor’s Note Life in debt review is not one of luxury. It is one of covering the basics while shedding the extra weight of the debt we have accrued. In reality, it is actually moving onward … read more

Debt Review Posters – Order Now

Debt Review Posters For Your Office If you are a Debt Counsellor you may want to decorate your office with material that is both informative and helps create the right ambience for your clientele. Something somewhat more classy than the classic Keep … read more

Read Debtfree Magazine – June 2017

Read Debtfree Magazine The Latest issue of Debtfree Magazine is available to read right here. This issue we talk about celebrating victories. Both the victories at the Annual Debt Review Awards and the victories of consumers under debt review. Read … read more

Editor’s Note (June 2017)

Careful What You Wish For Be careful what you wish for…they say the sentiment of being ‘careful what you wish for because you may just get it’ is attributed to Aesop from around 550CE. Regardless of where the saying comes … read more

News

Debt Review Awards 2018 – Have Your Say

Help Improve the Debt Review Awards Process   read more

Mars Trumps Jones

Mars Ruling Undoes Damage of Nedbank V Jones Over the last few months, consumers in the Western Cape have been experiencing problems with local courts in the wake of a judgment handed down in a matter between Nedbank and a … read more

Capitec Bank Host First Debt Counselling Conference

Capitec Bank Debt Counselling Conference Capitec Bank hosted a well-attended workshop with Debt Counsellors in Stellenbosch for the first time during September. Debt Counsellors from various provinces attended and enjoyed the opportunity to engage directly with the bank and key … read more

The NCR Fee Guideline Breakdown (Part 5)

NCR Proposed Fee Guideline – NCT Applications Certain types of debt review matters can be put before the National Consumer Tribunal (NCT). To do so a Debt Counsellor needs to pay R200 and then after a few weeks, the matter … read more

The NCR Fee Guideline Breakdown (Part 4)

NCR Proposed Fee Guideline – Reckless Lending Fee We take a closer look at Section 5of the NCR’s proposed Fee guideline for debt counselling/ debt review fees. This section deals with incentivizing Debt Counsellors to look into reckless lending (and … read more

Shoprite Hit With R1 Million Fine

NCT Issue R1 Million Fine Against Shoprite Over Reckless Lending The National Consumer Tribunal (NCT) has ruled against Shoprite over contraventions of the National Credit Act with regard to reckless lending. The matter was brought before the NCT by the … read more

The NCR Fee Guideline Breakdown (Part 3)

NCR Proposed Fee Guideline – After Care Fees We have a deeper look into the behaviour that could be driven by the NCR’s proposed reduction in income for Debt Counsellors by “nerf“ing the after care fees which Debt Counsellors receive. … read more

10 Commandments of Debt Counselling

We Talk To Cyber Finance Let’s face it. It is easy to get trapped in a downhill slide of credit cards, personal loans and clothing accounts these days. Sometimes consumers borrow more money than they can easily afford to pay … read more

The NCR Fee Guideline Breakdown (Part 2)

NCR Guideline for Debt Counselling Fees – Part 2 We continue to examine closely the National Credit Regulator’s (NCR) new 2017 proposed non-binding opinion on fees for debt review. (See Part One here)   What if Applicants Don’t Qualify or Need … read more

Living on Less

Free Star Wars Game

Free Game Parents who have entered debt review may feel that their kids are missing out on all the latest games and crazes (OK, basic spinners are fairly cheap). No-one wants to deprive their kids and stop them from having … read more

Getting Your Credit Report

How to Get Your Credit Report You have a right to know what information is being stored about you and your credit usage. Here is a helpful infographic all about how to gain access to that information.  Download the Infographic … read more

Free Computer Game

StarCraft Now Free If you have internet access then you can enjoy a modern classic for free*. Starcraft is a popular game involving space monsters and marines battling it out on small maps fighting for resources and …other stuff space … read more

Did You Know You Can Get Free Playstation Games?

Free Games We love it when you can get something for nothing. And we all know that Playstation games are so very expensive. Well maybe there was a time you could afford the latest titles but if you are living … read more

Do You Have A Money Plan?

Money Plan – What’s That? Here is an infographic from one of SA’s big banks suggesting how a consumer’s monthly spend should look. They call it a ‘money plan‘ many people would call it a quick budget (but that’s not the … read more

Retirement Plans (John Oliver)

John Oliver Talks Retirement Plans This video takes a look at all the promises that retirement plans make. It takes a poke at the middle men and discusses the American set up of such policies. It also has some funny visuals … read more

Are Garnishee Orders Dead? (Video)

Are Garnishee Orders Dead? Our Editor Zak King interviews Seb Alexanderson of National Debt Advisors about garnishee orders (EAOs). What are they? Can they be avoided? Can they be included in a debt review? Can debt review help consumers with garnishee … read more

The Funny But Sad State of the American Debt Industry

America’s Debt Buying Industry Is No Joke This episode of John Oliver’s Last Week Tonight looks at debt buying in the USA. The show is around 20 min and reveals the low levels of protection and regulation in this industry … read more

Needs Vs Wants

Need Vs Wants- Learning the Difference Can Save You A World Of Pain It is said that many people buy things they don’t need, to impress people they don’t like, with money they don’t have. Keeping up with thee Jones’s … read more