Debtfree

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

Debtfree Magazine – Our June Cover

Debtfree Magazine – June 2017 – The Cover This month we review all the action from the Annual Debt Review Awards and consider whether debt review is something consumers should celebrate or not? Is dealing with your debt a victory? … read more

Read Debtfree Magazine Now

Read Debtfree Magazine Now The latest Debtfree magazine asks the question: are you subtly undermining and sabotaging your own debt review through the choices you make. We also have news, reviews and tips on how to deal with collections agents … read more

Debtfree – Our Editor’s Note

Editor’s Note May 2017 Running out of water has been on the mind of those living in Cape Town for a few weeks now. Dam levels are dropping and as the rest of the country watches the city of many … read more

News

Credit Bureau Monitor Report (download)

The NCR Credit Bureau Report 1st Quarter 2017 The information reflected in the latest edition of the National Credit Regulator’s Credit Bureau Monitor covers the period from the quarter ended March 2013 to March 2017 and is based on data … read more

Moody’s Currency Rating Unchanged

Moody’s Leave Credit Rating Unchanged International ratings agency Moody’s were recently due to announce an updated rating for SA’s Credit Status (Foreign Currency & Rand Denominated Debt) but decided not to do so at the end of last week. ‘ … read more

Download the NCR’s Quarterly Consumer Credit Market Report

NCR Consumer Credit Market Report Released Each quarter the NCR releases figures based on how consumers are using credit. This is called the Consumer Credit Market Report. The NCR’s latest release covers the first 3 months of 2017 (Jan till March). You … read more

NCA Amendments What’s In Store? – Part 2

What Might The NCA Amendments Bring? Since the National Credit Act came into effect with it’s updated and much improved Section 103(5) Induplum rule credit providers have avoided understanding the complex x by 2 formula. Section 103(5) sets a limit … read more

NCA Amendments – What’s in Store? (Part 1)

What Debt Relief Provisions Might Be Included In Amendments to the NCA? As South Africa falls deeper and deeper into economic hard times, more and more consumers are becoming debt stressed. Those who don’t yet have access to credit want … read more

NCR Assist SAPS In Arrests

Illegal Credit Providers Arrested It is illegal to operate as a credit provider without being registered with the National Credit Regulator (NCR). It is also illegal to force a customer, who takes a loan, to give up their ID, SASSA … read more

Debt Counsellors Receive SMS’ Not Certificates

NCR Issued Certificates On Their Way? Debt Counsellors are reporting having received SMS notification of their applications for registration (actually their payment of their annual renewal fees) having been registered by the NCR. The SMS message (which seems to legitimately … read more

Google At DCASA Conference

DCASA Annual Conference Speaker From Google Mr Christopher Barrett of Google (the SA Industry Manager) will be speaking at the Annual DCASA Conference held in Gauteng on the 16th of August.  Many debt counselling firms make use of online and … read more

Next DCASA Conference Speaker Announced

DCASA Conference Speaker Announced Caroline da Silva from the FSB will be presenting information about the Twin Peaks regulatory model at the Annual DCASA Conference in Gauteng during August 2017. Debtfree will attend and report live from the event for those … 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