Debtfree

Read Debtfree Magazine (Issue #5 of 2021)

Reading Time: < 1 minute The latest Debtfree Magazine is now available to read right here on the site (below). This month Debtfree Magazine has articles such as: The Debt Rearrangement Bill read more

Debtfree Cover

Reading Time: < 1 minute This month we take a deep look at the very beginning of a new law that will possibly (probably) impact on debt review in the future. read more

Editor’s Note (Issue #5 of 2021)

Reading Time: 3 minutes This month we made the decision to adopt a pet from the Animal Anti Cruelty Society… it is a time of both excitement and stress. read more

Read Debtfree Magazine

Reading Time: < 1 minute Debtfree Magazine issue #4 of 2020 is now available to read (below). This issue we look at a massive challenge facing those who enter the debt review process and who later change their mind. read more

Editor’s Note

Reading Time: 3 minutes It takes most people a lifetime to realize that having lots of shiny things is not the path to happiness. Life is a little more complex than that. But the chance to reach out and perhaps grasp happiness in any form is so enticing. read more

Debtfree Magazine Cover (#4 of 2021)

Reading Time: < 1 minute This month we are having a look at leaving the debt review process early. Should you do it? how can you do it? What do you need to watch out for? read more

Read Now

Reading Time: < 1 minute Feeling stressed out? Well, why not take a break and enjoy the latest issue of Debtfree Magazine (for free, of course) right now. read more

Our Editor’s Note

Reading Time: 3 minutes A year ago, if you saw people wearing masks, you ran away from them thinking they were crooks. Now, we run away from people not wearing masks, in case they make us sick, read more

Debtfree Magazine Cover

Reading Time: < 1 minute Sometimes life just gives you lemons and that can be really difficult to deal with. We have a look at some coping strategies that you may find helpful… read more

News

Debt Counsellor Interview: Awie Coetzee

Reading Time: 4 minutes Debtfree Magazine caught up with award winning Debt Counsellor Awie Coetzee who is based in Melville, Johannesburg. We asked him about his start in Debt Counselling and the challenges facing both Debt Counsellors and consumers under debt review. read more

Rand Strengthens Against Dollar Again

Reading Time: < 1 minute The Rand drastically increased in value verse the US Dollar in the wake of the release of information about job creation in the USA. read more

NCR DC Survey Results

Reading Time: < 1 minute NCR asked Debt Counsellors how the Pandemic … has affected them and their clients. The survey results were shared in a presentation to the Portfolio Committee on Trade & industry. read more

NCR Income & Salaries

Reading Time: 2 minutes At the recent NCR presentation to the Portfolio Committee on Trade & Industry, the NCR discussed their salaries and planned salary budget for the next year or two. read more

Latest NCR Guideline On leaving Debt Review

Reading Time: < 1 minute Many consumers (for a variety of reasons) ask questions about when and how to leave the debt review process. In particular how to leave the process before all debts are paid off.  read more

NCR Call For Comments on Credit Life Insurance

Reading Time: 3 minutes From time to time the DTI look at regulations about this type of insurance. At present, the NCR is helping prepare comments for the DTI about this topic.  read more

Inflation Shock Set To Push Up Interest Rates

Reading Time: 2 minutes Higher Than Expected Inflation Will Eventually Push Up Interest Rates One of the few reliefs that South African credit users and consumers have been able to enjoy during the worldwide economic crash caused by Covid-19 has been lower interest rates. … read more

Will Administration & Debt Review Be Combined?

Reading Time: 3 minutes legislators have been looking into the option to either dump Administration orders entirely or to perhaps try to combine it … debt review. read more

How To Cancel Debit Orders At Standard Bank

Reading Time: 2 minutes Standard Bank Debt Review are trying to make things as easy as possible to get these debit order cancellations done. This is why they have a dedicated email address just for these matters. The email address is: read more

Living on Less

Your Debt Review Questions Answered

Reading Time: 2 minutes To make your life easier we have a page with links to dozens of common debt review and debt counselling related topics and questions. read more

What Is A PDA?

Reading Time: 5 minutes a specialised type of service provider to the debt review industry. These Payment Distribution Agents are registered with the National Credit Regulator (NCR) and assist consumers with distributing their monthly debt repayments read more

Free Booklet For Clients About Leaving Debt Review

Reading Time: 2 minutes … help them avoid being scammed or making poor decisions about how & when to leave the process.You can read and then download the (1Mb) booklet in PDF format read more

What is a Form 17.1?

Reading Time: 3 minutes The National Credit Act (NCA) has a large number of official forms that get used during debt review. One of these forms is called Form 17.1. read more

Which Shop Is Cheaper?

Reading Time: 2 minutes sent their team to do some shopping at the 3 biggest grocery shops in their area, namely PnP, Woolies and Checkers. They went to buy the same 12 items from each shop to compare the pricing. read more

Coping With Stress

Reading Time: 3 minutes One key in learning to cope with your stress is to learn to identify what it is that is stressing you. read more

Is Debt Review Easy?

Reading Time: 4 minutes If debt review is so easy then why have over 600 000 people started the process, over the last decade, only to drop out without completing their debt review? read more

Things You Need To Do While In Debt Review

Reading Time: 4 minutes So then, how much does a consumer need to know and what responsibilities rest on their shoulders during the process? read more

What is a NCR Registration Certificate?

Reading Time: 2 minutes If you are getting credit or asking for advice about debt then you can ask to see the credit provider or Debt Counsellor’s certificate at any time. read more