22/07/2015
Pay Off Debts

10 Signs of Over Indebtedness

1. The first of the 10 signs of over-indebtedness is if the amount you normally spend on your monthly living costs and instalments exceeds the amount of your […]
14/07/2015

High Court Battle Won – War Against Unlawful EAOs Goes On

Judgement Day for Unlawful EAOs A week after Judge Siraj Desai ruled in favour of 15 consumers represented by the Stellenbosch Legal Aid Clinic in the High Court, the National […]
07/07/2015

Slight Relief for SA Borrowers – Lower Maximum Interest Rates Proposed

NCR Reviews Interest Rates and Fees  On 3rd July 2015, the Department of Trade and Industry (dti) published a Government Gazette Notice, which is now open […]
24/06/2015

Amendment Bill to ‘Blacklist’ Child Maintenance Defaulters

Creditworthiness of Maintenance Defaulters  According to regulations under the newly announced National Credit Act Amendment , judgments against maintenance defaulters who don’t pay child maintenance to […]
09/06/2015

How to Protect Yourself from Garnishee Abuse

What is an Emolument Attachment/ ‘Garnishee’ Order? When a debtor falls into arrears or defaults on debt payments, credit providers often appoint debt collectors to serve […]
02/06/2015

ABIL Brought Down By Reckless Lending

For years, African Bank Investments Limited (ABIL) granted high-interest loans to millions of financially illiterate, low-income South Africans.   The bank statements ABIL produced, in their […]