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It’s no secret that South Africans are over indebted. Every few weeks, headlines scream at us from our cellphones, PCs and newspapers that “South Africa is Drowning is Debt” and “Indebted Consumers S...
FOUR WAYS TO MANAGE YOUR DEBT Tired of living for payday? Reduction in income? Increased monthly Expenses? Recently lost your job? All of the above can cause panic and stress as month e...
...onsidering some debt solution as a result of the financial strain you maybe feeling, let me confirm that you are not alone. Call us on 0860 111 400 or access our website on www.standardbank.co.za/s...
...eel this way; you can be proactive and positive when tackling debt. Here are a few tips to get you through tough financial times:
Know the difference between “want” and “need”
Often, w...
...uicker to have more control of your cashflow.
Make extra payments on your instalments into your loan with the highest interest rate, to reduce total debt obligations. For example, a loan of R...
...rdAIxm *********************************************************************************************************** Many people do not understand how expensive debt can be. Buying on credit and borrowing money is not a good idea. It is wise to save money if you want to buy s...
...wner, poor personal credit scores can affect your ability to secure loans for the business or favourable payment terms from suppliers.
Other tips for managing debt include:
Know w...
Attaining financial freedom is probably on most New Year’s resolution lists so we’ve put together some tips on how to stamp out bad debt for good. You can run but you can’t hide – face that b...
...hem. This is when we ‘fall into arrears’ or in other words, we start to miss payments. This is how many people get into the “debt trap”. Dealing with creditors and the consequences of bad debt I...