Debtfree

Read Debtfree Magazine Issue #9

Reading Time: < 1 minute This month we look at all the action from the Debt Review Awards, Catch up with local news and industry developments and get tips on how to avoid scams. read more

Debtfree Magazine Cover Issue#9

Reading Time: < 1 minute This month the magazine has a lot of info about the recent Debt Review Awards Show. This is reflected on the cover of this month’s magazine. read more

Editor’s Note

Reading Time: 3 minutes Some people see the Awards process as being about winning (naturally so) but our team also like to think of it as acknowledging that there are hard-working people behind all the companies and brands read more

Top 10 DCs Announced Tomorrow

Reading Time: < 1 minute Each year the industry-wide peer reviews identify 50 very hard working exemplary Debt Counsellors in 5 different size categories….announced tomorrow read more

Debt Review Awards Update

Reading Time: 3 minutes The Debt Review Awards Show will be held during the afternoon of Friday, 11 September. If you would like to hear from some industry speakers, international guests, enjoy some laughs and entertainment, then be sure to tune in from 3pm on Friday. read more

Editor’s Note

Reading Time: 3 minutes When lockdown level 2 was announced, which were you more excited about: the prospect of a cold beer or legally visiting family and friends? read more

Debtfree Magazine #8 Cover

Reading Time: < 1 minute This month we delve into 5 things that people who are just starting out in debt review must know (also for those considering if debt review is right for them). read more

How Do The Debt Review Awards Work?

Reading Time: 6 minutes In 2014 the debt review industry were invited to participate in the very first Annual Debt Review Awards….in 2020 the Awards will be streamed live across the country… read more

Read Debtfree Magazine Now

Reading Time: < 1 minute The new issue of Debtfree Magazine is available to read right here. This issue we look into… read more

News

Mini Budget Speech Delayed

Reading Time: 2 minutes Medium Term Budget Policy Statement Delay Finance Minister Tito Mboweni was set to deliver the “mini budget” speech on the 21st of October 2020. He has now asked to push the speech back by a week or so (till 28 … read more

Consumer Friend’s Updated Contact & Escalation details

Reading Time: 2 minutes This month saw Consumer Friend change some contact info. If you would like to download their latest contact and escalation process numbers then you can do so below read more

Credit Bureau Stats Show Millions Of People Are In Trouble

Reading Time: 2 minutes ‘At present, around 17 Million credit users have simply not been able to pay for a number of months’ read more

JP Morgan Fined Nearly $1Billion For Market Manipulation

Reading Time: 2 minutes after years and years of investigations and prosecution, JP Morgan have agreed to take responsibility for the actions of their traders who colluded with others to manipulate futures trading on the stock market. read more

2.2 Million Jobs Lost During Lockdown

Reading Time: < 1 minute Statistics recently released show that over 2 million South African have recently lost their source of income. read more

DCASA Free State To Meet in October

Reading Time: < 1 minute On the 23rd of October 2020, the Free State regional Debt Counsellors Association of SA (DCASA) will be meeting in Westdene in Bloemfontein. read more

DCASA W Cape To Meet in October

Reading Time: < 1 minute DCASA announced that the Western Cape branch will be holding a meeting at the end of next month (27th October) for those willing to brave the risks. read more

Standard Bank To Launch Portal For Debt Counsellors

Reading Time: 2 minutes Standard Bank has announced that they have a data sharing portal of their own in development and that Debt Counsellors will be given access to the portal in the near future. read more

Repo Rate Unchanged

Reading Time: < 1 minute The SARB MPC has decided to leave the current Repo Rate unchanged. read more

Living on Less

Reasons to Stay in Debt #4

Reading Time: 3 minutes When you have so much debt hanging over your head it can be demoralising. If you look at your income and your monthly needs you may conclude that living on credit is the only way. It probably looks like you will never be able to get out from under your debt. read more

Reasons to Stay in Debt #3

Reading Time: 3 minutes We all deserve to have nice things. The real question is does all your happiness in life come from the things you own? Does the only ‘high’ you get in life come from spending money and having new things? read more

Reasons to Stay in Debt #2

Reading Time: 2 minutes Why Are You Still In Debt? With options like debt review available as well as traditional saving and spending strategies there have to be reasons why you are still in debt (other than the obvious one: that it takes time … read more

Reasons to Stay in Debt #1

Reading Time: 3 minutes Why Are You Still In Debt? There are a lot of reasons to be in debt including the “obvious” one – you already have the debt. Once you have debt it is hard to get rid of. This is true … read more

Living on Less: Changing Your Mindset

Reading Time: 3 minutes you have been hit by changes in income due to the lockdown or economic conditions then you need to make the mental change first before you can make effective adjustments to your lifestyle read more

Sooner is Better

Reading Time: 7 minutes Several common problems during debt review are often made worse by not speaking to your Debt Counsellor as soon as possible….Talk to Your Debt Counsellor read more

Fight Virtual Fatigue

Reading Time: 3 minutes Virtual Fatigue comes from always being online and losing the boundaries between work life and home life. How can it be countered? read more

Thinking of Leaving Debt Review?

Reading Time: 4 minutes Many people who have been in the debt review process may want to leave after some time. This may be because your debts are paid up or perhaps for other reasons. Would leaving the debt review process before all your debts are paid off be a good idea? read more

Consumer Survey Reveals Lockdown Concerns

Reading Time: < 1 minute A recent consumer survey by Debt Counselling brand Debt Safe has shown that the lockdown has most consumers stressed about finances. read more