Over-indebted consumers struggling to get rid of debt.
In this week’s blog, we look at the latest analysis released by the World Bank that declared South African consumers as the biggest borrowers in the world. The increasing problem of credit extensions and slower job creations, and the concerns that the economy won’t be able to carry the burdens forever. Since the National Credit […]
Voluntary Surrender of a vehicle
Voluntary Surrender of a vehicle In this week’s blog, Consumer Debt Support (CDS) takes a look into how and when a consumer can surrender a vehicle to the bank or his collection agent. One needs to understand the ramifications and impact of a voluntary surrender or summary default judgement and what it could mean to […]
Debt Reconciliation
Debt Reconciliation: In this week’s blog, Consumer Debt Support (CDS) look into debt reconciliation. We can also name it debt elimination, another way to assess and eliminate excessive debt by refinancing credit card and other unsecured debt into one manageable and affordable account. Consumers are finding it difficult to make decisions whether to apply for a […]
Laid off at work, what must you do now?
Retrenched! What now? In this week’s blog, we at Consumer Debt Support (CDS) discuss the issue around the alarming increase of retrenchments. It affects consumers and the stress that goes with the news when receiving the letter confirming the date of lay off. Retrenchment can affect any worker at any time. It causes panic and […]
You can dress fashionable within a tight budget
Dress Fashionable — within your budget. Here at Consumer Debt Support (CDS) we have come to realize that all of us like to buy clothes and things. Some of us love to buy and shop for clothes and others don’t love shopping too often. We would like to look into the shopping and budget topic […]