Debtors Can Reinstate Credit Agreements

Debtors Can Reinstate Credit Agreements

Reinstatement of Credit Agreements Last week, the Constitutional Court passed a judgment that throws a lifeline to struggling debtors. A ruling that was applauded by Socio Economic Rights Institute (Seri). The court ruled that debtors in arrears could reinstate their...
Teach Your Children to Use a Credit Card Wisely

Teach Your Children to Use a Credit Card Wisely

Having to manage the finances of your children on top of your own can be wearisome, particularly if they aren’t living at home anymore. However, you can turn this into an opportunity to teach your children how to use a credit card wisely – an invaluable skill to have...
SA Food Prices are about to Skyrocket

SA Food Prices are about to Skyrocket

Bread Prices On April 8, the Treasury announced a 34% import duty hike on wheat prices – the highest on record, which means consumers can expect bread prices to increase by at least 10%. This bread price increase excludes the impact of recently hiked electricity...
Fuel Levy – Petrol Price Hike in April

Fuel Levy – Petrol Price Hike in April

The Fuel Levy April will bring a petrol price hike of 30 cents via the ‘Fuel Levy’ – yet another blow to financially troubled consumers. The Fuel Levy will increase from R2.55 to R2.85 per litre, according to the Automobile Association (AA). The Fuel Levy is a tax...
How to Exit Debt Review Smoothly

How to Exit Debt Review Smoothly

  Before the Amendment The National Credit Amendment Act (NCA) introduced in March this year specifies when someone can exit debt review, if they wish to do so. Before the NCA was amended, you were legally bound to settle all of your debts as agreed to in the...