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Editor’s Note

We have passed the half way point on 2014. The longest winter night has come and gone and that means summer is just around the corner…even if it does not feel like it yet.

It is common for people to put on extra weight during winter and to later struggle to get rid of it in time to put on their costumes in summer. It is much the same with debt. It can overwhelm you before you realize it. Sometimes it happens progressively and other times it can happen all in one go. Either way debt, like extra weight, can take much longer to get rid of than acquire. So, if you are slowly chipping away at your debt good for you. Keep it up.

This issue we look at one way you can deal with your debt namely the debt review process. It really works and we look at some of the benefits to consumers, their families and even to credit providers. This issue we also delve into the Debt Review Awards Gala and results of this years Awards program. We check out the red carpet and who left with golden piggys. Ever wonder what that person on the other side of the phone looks like when you call a Debt Counsellor’s office or a credit provider? Well, keep an eye out for them at the Debt Review Awards Gala. It was really great to see the industry all in one place celebrating how debt review is really working.

We also check out recent industry news. It seems the NCR has been everywhere kicking butt and taking names over the last few weeks. We check out who is in trouble and why. We consider if a new loan might be the solution to a person’s current situation and whether you would qualify for a new loan if you feel you need one.

So, don’t let the winter chill (or a statement from your creditor showing a large balance) get you down. Today you are one step closer to summer and one step closer to finally  being debt free.

 

Debtfree DIGI July 2014 cover_smallMORE: Read the latest issue here: https://debtfreedigi.co.za/read-the-current-issue-of-debtfree-digi-magazine-online/