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Jun
Over-Indebtedness Reckless Credit

Debt: The simple Q and A Q What is over-indebtedness? A  A consumer is over-indebted when they do not have the means to meet their debt repayments, and their expenditure exceeds their income. What are the most common causes of over-indebtedness? A There are various reasons for over-indebtedness, including the following: Over-committing…

South Africans Fighting Off Debt Tide

Half of South Africans fighting off debt tide According to the National Credit Regulator (NCR) almost 50% of South Africans are struggling to pay their monthly credit bills, while the high cost of living – particularly following steadily increased electricity and petrol prices – are only adding to the national…

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