Debtfree

Your Marketing This Year

Free Marketing Budgeting Spread Sheet A common complaint of many businesses is that they need more clients. This is even true of Debt Counsellors who would like to help more people with debt review. Though many people might need your … read more

Debt Counsellor Profile: Chris Craven of Zero Debt

Debt Counsellor Profile: Chris Craven (Zero Debt) Debtfree Magazine got to speak to experienced Debt Counsellor, Chris Craven about his practice and how he helps consumers in debt trouble. We asked him a few questions about his background and how he … read more

Cover of Debtfree December 2017

Read Debtfree Magazine Now

Read Debtfree Magazine (December issue) Now We hope you enjoy reading this month’s magazine. We have a look back at the year. From Trump To Ramaphosa and everything in between.  We also ask if you have learned anything about finances … read more

Cover of Debtfree December 2017

Debtfree Magazine- Editor’s Note (Dec 2017)

Debtfree Magazine: Editor’s Note Picture the scene; you are standing in your friend’s kitchen as they cook some food. You are enjoying a pleasant evening together when they start to tell you about how business is tough and their debts … read more

Cover of Debtfree December 2017

Debtfree Magazine Cover (December 2017)

Debtfree Magazine – The December Cover This month we ask if you are getting smarter by being under debt review? Have you been picking up good habits and learning new things? As you may know each month in the magazine … read more

Profile: David O’Brien of Meerkat

Profile:   MANAGING DIRECTOR AT MEERKAT DAVID O’BRIEN     ________________________________________________________________________________ Can you tell us a little about yourself (your background) and how you came to found Meerkat? I had been a product designer for Old Mutual for nearly 20 … read more

Read Debtfree Magazine Now

Read the November Issue of Debtfree Magazine Now This month we look ahead to the end of the year and ask if you are ready for December. Not everyone is and many people fall out of Debt Review at the … read more

Editor’s Note

Debtfree November 2017 – Our Editor’s Note   Summer is finally here. You can probably taste the end of year break already. Schools are wrapping up exams and kids are looking forward to the summer holidays. People at work are … read more

Debtfree Magazine – The November Cover

Debtfree Magazine – Our November Cover We love to share our latest covers with our readers before the new issue comes out (this week). Here is a first look at our November cover. This month we look at the dreaded December … read more

News

Petrol Pump

Petrol Costs More But Price May Drop Anyway

Petrol Price Drop Predicted For February It seems that there may be a little relief ahead for the transport industry and vehicle owners in the form of a petrol price drop coming. The major petrol producing countries recently decided to … read more

When you Can’t Get a Clearance Certificate (Court Case)

Not Over Indebted Applications When a consumer applies for debt review and the matter has not been referred to the Magistrate’s Court, the only remedy available for a consumer to be removed from debt review, if no clearance certificate can … read more

Hyphen PDA Bring In New Head of Operations

Hyphen PDA’s New Head of Operations Hyphen PDA is a well known NCR registered Payment Distribution Agency(PDA). Each month they work along with debt counselling firms to help distribute many, many millions of Rand on behalf of consumers across the country … read more

NCR’s Top Credit Tips

NCR Advice On Credit Use The National Credit Regulator (NCR) regulate the credit industry and help enforce the National Credit Act. They have advice for consumers looking to use credit during 2018.     NCR’s Top Tips Borrow as little … read more

Reminder: Comment on The Draft NCA Amendment Bill

NCA Amendment Bill: Comments Due Soon In response to political pressure and a desire to assist consumers who are stressed by the current collections processes of the banks, the Portfolio Committee on Trade & Industry is proposing some additions to … read more

ABSA, Investec and Sanlam Desperate to Recover R1.2 Billion From Mayfair Speculators

Court Battles Over Steinhoff Skulduggery Until December 7th, 2017 Mayfair Speculators was run by former Steinhoff boss Marcus Jooste and his son in law, Stefan Potgieter. This was when Marcus Jooste left the company suddenly but not before moving millions … read more

2018

3 Reasons Why 2018 is Going To Be Your Best Year Yet

2018 – Your Best Year Yet? Every year presents us with opportunities. The new year follows a few restful contemplative days where most people start to make resolutions for the coming months. For most people these days that means plans … read more

2017 – A Year in Review

2017 Round Up The year has come and gone. 2017 was a complicated and exciting year for debt review. Thousands of Debt Counsellors found their registration had lapsed and their clients were moved to other firms. The NCR found out … read more

African Bank Holiday Dates (December 2017)

African Bank Holiday Dates December 2017 – Jan 2018 African Bank’s Debt Review (Alternative Collections) department will be closed from the 22nd of December 2017 until the 2nd of January 2018.   22nd of Dec 2017 until 2nd of Jan … read more

Living on Less

NCR Registered PDAs

NCR Registered Payment Distribution Agencies The National Credit Regulator registers and monitors industry role players such as credit providers, Debt Counsellors, Credit Bureaus, Alternative Dispute Resolution Agents and Payment Distribution Agents (PDAs). Payment Distribution Agents receive money from consumers (normally … read more

Don’t Be Quick To Blame Your Debt Counsellor

The Blame Game Many consumers who are under debt review are frustrated when they are contacted by a collections agent or receive a statement from a credit provider that differs from what they expect to see. Their court order restructuring … read more

Lack Of Balance Can Ruin Your Debt Review

Lack Of Balance Will Cost You All work and no play makes Jack a dull boy. Conversely, all play and no work is also a bad thing. True, when you owe people a lot of money and have to go … read more

Why New Years Resolutions Fail

Why Do New Year’s Resolutions Fail? Reportedly only around 12% of people actually follow through on their New Year’s Resolutions. Most fail miserably and do so within only a few days. Did You Know: Losing Weight is the Most Common … read more

How Much Water Are You Using?

Calculate Your Water Usage Ever wondered how much water you are using every day? The City of Cape Town are trying to make it easy for Capetownians (and others) to see if you are below or above the set target … read more

Success Stories: Peter Mabula

Retrenchment And Debt Collectors We all know the economy is in trouble and that many businesses are struggling to make ends meet. But it is a kind of intellectual knowledge and it is only when your company is going through … read more

Success Stories: Michelle Kaba

Finding Help During a Dark Time Michelle Kaba lived a perfect life – or so it seemed. She was happily married and all was going well. Her loving husband, John, worked hard and provided for her and their son.   One … read more

Spring clean your finances

Spring clean your finances It’s Summer time, time for fresh beginnings, and the opportunity to spring clean.  However, instead of spring-cleaning your cupboards, how about spring-cleaning your finances? The first step in the Spring-cleaning process is to take stock of … read more

Debt Review School Header

Debt Review School: PDA Statements Vs Credit Provider Statements

Are You Seeing A Difference Between Your Credit Provider Statement and the PDA Statement?   read more