The findings reported in a recent City Press article reveal deeply concerning practices within the lending industry, specifically concerning payroll loans. These practices not only raise ethical concerns but also underscore the urgent need for tighter regulations to...
Rising global and local inflation rates are sending shockwaves through households as the cost of living soars. Families are finding it increasingly difficult to make ends meet, often resorting to credit cards to bridge the financial gap. In this challenging...
If you’ve found yourself in debt after the festive season, don’t panic – there are steps you can take to get back on track. Measure your situation One of the most effective ways to get out of debt is to create a budget and stick to it. This means looking at your...
DebtBusters quarterly analysis for Q2 2020 clearly shows how consumers’ exposure to debt has significantly deteriorated over lock down with higher-income earners in particular under debt pressure. This is borne out by the increase in unsecured debt, which on average...
Work off your debt The more interest you pay the less you have to save and the more opportunity you lose to compounding your wealth into the future. Money lenders make money out of debt through interest and time.The longer interest is paid over time the more the...