Debtfree

Read Debtfree Magazine Now

Reading Time: 1 minute Read Debtfree Magazine For Free Right Now Subscribers have been getting emails inviting them to read Debtfree Magazine online over the last few days. Now you can read the magazine online for free right now. Just click below and enjoy … read more

Debtfree Magazine Cover

Reading Time: 1 minute Debtfree Cover The August issue is all about the recent changes to the National Credit Act and a new debt relief measure called: Debt Intervention. What is that you ask? Read the issue to find out. [Debtfree Team] We hope … read more

Do You Know Your Debt Counsellor?

Reading Time: 1 minute Do you know your Debt Counsellor’s Name? When a consumer approaches a debt counselling firm for help they may speak to a number of different people from the receptionist to the accounts department. They may receive help from so many … read more

Our Editor’s Note

Reading Time: 2 minutes Our Editor’s Note Getting positive feedback is always refreshing. We love it when readers write in and say how much they enjoy reading this magazine. Sometimes we gather the whole team and share such positive thoughts with everyone. It can … read more

Debtfree Magazine – Our Cover

Reading Time: 1 minute Debtfree Magazine – The Cover The cover of this month’s Debtfree Magazine features shots taken at the Annual Debt Review Awards. This issue we take a look at some of the glitz, the glam and some of the silliness. We … read more

Our Editor’s Note – June 2019

Reading Time: 3 minutes Editor’s Note The other morning I walked out my front door only to see that my doormat was missing. No, it wasn’t stolen. Seriously, if people are stealing your doormat, it might be time to consider moving. The doormat had … read more

Read the Latest Debtfree Magazine

Reading Time: 1 minute Read the Latest Debtfree Magazine The current issue of Debtfree Magazine has articles about how to live like a millionaire, about the Reserve Bank and what everyone is forgetting and about the upcoming Debt Review Awards as we get a … read more

The Latest Debtfree Magazine Cover

Reading Time: 1 minute Debtfree Cover The industry is holding its breath to find out the results of the upcoming Debt Review Awards next month (20th). Who will win, who will make the top 5 and top 10 lists, which PDAs will be recogninsed … read more

Our Editor’s Note

Reading Time: 3 minutes Debtfree Magazine – Our Editor’s Note Nobody likes poor service. These days we have so many choices that we hardly have to put up with it any more. If your mobile network is not delivering well then, you can switch … read more

News

New FNB Debt Review Head

Reading Time: 1 minute FNB Debt Review Centre Gets New Leadership Things are changing at FNB Debt Review. Former head Athaly Khan is moving elsewhere within the bank and the Debt Review Centre will now fall under the leadership of Kuben Gouden who is … read more

NCR Host Webinar For Debt Counsellors

Reading Time: 1 minute NCR Host DC Webinar Today The National Credit Regulator (NCR) register and monitor members of the credit industry including Debt Counsellor. The NCR have also decided to provide additional training about the National Credit Act (NCA) and the way the … read more

Can A High Court Declare You Not Over Indebted?

Reading Time: 5 minutes Can A Lawyer Ask a High Court to Declare You Not Over-indebted? A recent High Court ruling has given clarity on whether the country’s High Courts can declare a consumer who entered debt review not over-indebted. A Full Bench of … read more

Petrol Going Up

Reading Time: 1 minute Petrol Price Increase (Sept 2019) The rand has been getting weaker and this means that the price of petrol (Brent crude actually), which is traded in US Dollars is going up.  This is the case even though the overall price … read more

Debt Intervention Regulations

Reading Time: 2 minutes When Should We Expect Debt Intervention Regulations? With NCR provided debt review (Debt Intervention) now being signed into law people are chomping at the bit to make use of the system to address their debt issues. Before that can happen … read more

Fitch Say Outlook is Negative. What Will Moody’s Say?

Reading Time: 1 minute Could the Moody’s  Downgrade Finally Arrive? At the end of last month rating agency, Fitch who have had SA’s long term foreign currency issuer default rating at ‘stable’ changed this to a “negative” outlook. Fitch downgraded SA to “junk” status … read more

NCR Promotes Debt Review in New Press Campaign

Reading Time: 3 minutes NCR Urges Consumers to Consider Debt Counselling to Defeat Debt In a new press release, the National Credit Regulator (NCR) is encouraging consumers to embrace debt review as a realistic solution to their debt issues. Kedilatile Legodi, Manager for Debt … read more

Can I Switch From Debt Review to Debt Intervention? Should I?

Reading Time: 2 minutes Will Switching From Debt Review To Debt Intervention Help You Pay Less? This month the President seign a controversial new set of amendments to the National Credit Act. We will soon find out when the new laws come into effect. … read more

DCASA Annual Conference

Reading Time: 1 minute DCASA Conference The Annual Debt Counsellors Association of South Africa Conference is being held today in Gauteng. DCASA is the oldest Debt Counsellors Association and currently has the most Debt Counsellor members of all the associations. Each year DCASA members … read more

Living on Less

Learn More About DebiCheck – Flowchart

Reading Time: 1 minute Learn More About DebiCheck – Capitec Flow Chart In the weeks and months ahead we are going to be focusing in on changes that happen to the way money is debited from your bank account. This might be money for … read more

You Pay Your Debt Counsellor: Do they work for you?

Reading Time: 4 minutes Who Does a Debt Counsellor Work For? Consumers who enter debt review are told that they will have to pay fees for the service. The fees are paid via a Payment Distribution Agent to their Debt Counsellor*. These fees would … read more

Free Computer Game (June 2019)

Reading Time: 1 minute Want To Play A Free Space Cowboy Game? If you are living on less then you have to give up certain luxuries such as buying expensive computer games. This can make you sad. Fortunately, there are a bunch of companies … read more

Could you be Saving an Extra R6600 a year?

Reading Time: 4 minutes The Power of a Packed Lunch We all enjoy eating out. Having someone else do all the work and having no dishes afterwards is fun. Sadly, it is also expensive. Are you in the habit of buying lunch? You may … read more

3 Tips For Better Shopping

Reading Time: 3 minutes 3 Tips To Help You Save You Save Bucks at the Shops Living on less can be challenging. Shopping with less is always going to be difficult especially when the prices of everything are progressively going up. So, if you … read more

Dealing With Collections Calls When Under Debt Review

Reading Time: 3 minutes Dealing with Those Pesky Collections Calls When a consumer first enters debt review they have normally been through a period of great hardship and stress. Not only could they not pay for all their debts in the correct amounts each … read more

Why You Can’t Afford to be a Bad Driver

Reading Time: 3 minutes Drive Well or Pay the Price With the coming AARTO points system probably being introduced in the near future in one form or another it is clear that if you are a SA driver you are soon going to run into … read more

Skipping Debt Counsellor Fees

Reading Time: 3 minutes Not Paying Via a PDA Does Not Mean Skipping Debt Counsellor Fees The National Credit Act introduced firms called Payment Distribution Agencies (PDA). These firms help simplify consumer’s debt review payments and assist them to make the right payment on … read more

Buy Now Ignore Later – How Our Brains Trick Us

Reading Time: 3 minutes Present Bias and How it Affects The Way We Deal With Debt Our brains tend to focus on the now and instant gratification. This is called “present bias”. This is one of the reasons why getting into debt is so easy … read more