Reducing Interest Rates While In Debt Review

Reducing % While in Debt Review When a consumer enters debt review their Debt Counsellor will contact all their credit providers and get all their latest figures on their various accounts together. Armed with this information, they can look at … read more

Read Debtfree Magazine

Read Debtfree Magazine Now The latest issue of Debtfree Magazine is out and discusses in some detail how consumers who enter debt review and do not take full advantage of the process often fail to complete the program (which can … read more

Debtfree Magazine – Editor’s Note

Editor’s Note Have you ever given a homeless person part of your lunch out of concern that they are hungry, only to be horrified when they reject it or worse, throw it away when they pass the next rubbish bin? … read more

Debtfree Cover

Debtfree Magazine – July Cover The July issue of Debtfree discusses, in part, the harsh reality that debt review alone is not enough to get you out of debt and keep you out of debt long term. We discuss what else … read more

Read the Latest Issue Now

Read Debtfree Magazine Now This month we review the recent Debt Review Awards and catch up with both a Debt Counsellor and the newly registered Payment Distribution Agency. We also discuss coping with the increasing cost of living while under … read more

Debtfree Magazine: Editor’s Note

Editor’s Note For the June Issue   Brrr…it’s cold. So cold that we recently put the heaters on at home, only to get a horrible surprise as the electricity bill shot up (we use a prepaid meter so we can … read more

Debtfree Magazine Cover (June 2018)

Debtfree Magazine Cover – First Look We enjoy sharing the covers of the coming issue to help give a taste of what lies in store. This month we are bringing the heat to the industry with all the action from … read more

Debtfree Magazine – Editor’s Note

Debtfree Magazine May 2018 – Our Editor’s Note There is a tree on the slopes of mountains in California that is said by scientists to be an amazing 4700 years old. It survives at a chilling altitude of over 3000m … read more

Read Debtfree Magazine (May issue)

Read Debtfree Magazine Now This issue of Debtfree we look at whether you (the consumer under debt review) have what it takes to finish the process. Do you? We also look at some great advice for those in the process and … read more


Rand Nosedives vs Dollar

Rand Nosedives But Should Recover The USA (Trump) and Turkey have been going at each other over tariffs and such and it has been negatively affecting the Dollar to Turkish currency (Lira) which, in turn, has been having something of … read more

ABSA & Other Banks Named in Steinhoff Class-Action

SA Class Action Law Suit Vs Steinhoff Retail giant Steinhoff was revealed to be an unstable house of cards when shocking accounting fraud was finally revealed late last year. Once the first irregularities were revealed the situation snowballed with Directors … read more

DC Partner PDA Introduce New Support Desk

DC Partner Support Desk & Webinars Payment Distribution Agencies or PDAs are part of the National Credit Act. These companies who are regulated by the National Credit Regulator (NCR) help consumers distribute funds to their credit providers each month in … read more

Amendments to The National Credit Act – Latest

NCA Amendments Soon to Take Next Step? For the past 3 years, the Portfolio Committee on Trade & Industry has been working on a way to assist the poor of the country to deal with their growing debt. This is … read more

NCR Issue New Certificates

NCR Send Out Renewal Certificates The National Credit Regulator (NCR) register and monitor registrants under the National Credit Act such as Debt Counsellors and Credit Providers. They also issue certificates to show consumers that the person or company they are … read more

Courts Act Amended [Download]

Download the Amendments to the Magistrates Courts Act The recent changes to the Magistrates Courts Act, as signed off by the President, allow for refinement of procedures surrounding things like consent to jurisdiction (regional or district), recission of judgements where … read more

NCR Appeal Lewis Club Fee Ruling

NCR V Lewis – The Rematch The National Credit Act (NCA) sets out what fees can be charged to consumers making use of credit. One of the fees it does not specifically mention is club fees which many credit providers … read more

NCR Worried Consumers Are Being Scammed

Fake Credit Provider Scams The National Credit Regulator (NCR) has been receiving lots of complaints about scams where consumers are asked to pay upfront fees to access loans that then never happen. As a result, they recently issued a statement … read more

Banks In Trouble At Competition Commission

23 Banks Accused Of Manipulating Currency Exchange 30 different individuals working at 23 different banks have been accused of colluding to manipulate foreign exchange rates. These banks are now defending themselves before the Competition Tribunal against the Competition Commission who are … read more

Living on Less

When Your Contact Details Change

When You Change Your Contact Info It can be exciting to start a new job. Sure, it brings its own stress but also opportunities for advancement and better perks (like more pay so that you can get rid of your debt … read more

Cartoon: Student Debt

Student Debt Cartoon   This cartoon by Randy Glasbergen rings all too true about the state of student debt. In SA, at present, there are two sources of student loans that are commonly used: (1) Government-backed National Student Financial Aid … read more

Check Your Statement

Review Your PDA Statements If you are in debt review and making payments via a Payment Distribution Agency (PDA) then you will be getting monthly statements from the PDA. This may differ somewhat from the figures your various credit providers … read more

How Broke Are You?

Funny or Sad? Times are tough when you are forced to live on less. How tough you ask? This tough: When You're Too Broke To Afford Good Food We've all been there… 😂😂 Posted by UNILAD on Wednesday, 18 July … read more

Student Debt [Photo]

Student Debt We all know that a good education is beneficial in many ways. Sadly it is not always helpful in getting a person a high paying job in South Africa. Former students with a higher education qualification are one … read more


Staying in Debt Review Despite the Increasing Cost of Living

Staying in Debt Review Despite the Increasing Cost of Living Debt review is a fantastic process which can help you repay your debts in a more realistic and achievable manner every month. The process can and will save consumers thousands … read more

Banking Cartoon

Did you know: Banks are allowed to lend out funds as long as they have a little of what they lend out. This is called fractional reserve. This is one of the reasons they like to have you deposit money … read more

Getting the Most Out of Free Games

Free Games When living on less you are always looking for a cheap way to have fun that won’t break the bank. Otherwise, your whole life can just be about paying off your debt and you can forget to have … read more

Cartoon: Student Debt

Student Debt The benefits of borrowing to further your education can be heavily offset by the resultant debt. read more