How to minimize spending over the festive holidays
Festive season celebrations: How to minimize spending. In this week’s blog, we here at Consumer Debt Support (CDS) would like to share more on this topic, the season of giving and sharing. We all have to prepare ourselves well in advance for the festivities of holiday visitors, Christmas and New Year Celebrations. Keeping this all-in […]
Do you know if you have a Healthy credit rating?
In this week’s blog, Consumer Debt Support (CDS) we discuss credit ratings and reports. How good or bad report will affect a consumer in the long run. Do you really know how healthy your credit rating is? Did you know that approximately 100 000 consumers actually check their credit report in a year cycle? Let […]
New Garnishee Law for workers rights
In this week’s blog, Consumer Debt Support (CDS) add more value on the topic under the law “New garnishee Law” that protects workers from unlawful garnishee orders. In 2014 a case was brought before the High Court, case number 16703/14. The applicant was THE UNIVERSITY OF STELLENBOSCH LEGAL AID CLINIC. The judgment outcome made by […]
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 […]
