If your car is repossessed you may still end up paying the shortfall if it is auctioned off. However, there is a way out, explains an expert.
The high cost of living combined with a lack of financial literacy contribute to the debt trap in which many South Africans find themselves, says a financial expert.
Bad debts can happen to good people - and it can happen so easily. Here’s how to try and stop this from happening to you.
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Many consumers have complained about abuses in the garnishee order deduction mechanism without being aware of the mechanisms used to control this deduction.
It happens so easily: you have a bit of a crisis and before that is paid off, you have another one. Next thing you’re knee-deep in debt.
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Friends and money generally don’t mix, as many people have found out the hard way.
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It’s one thing taking out a loan in times of crisis and quite another living the high life on a deck of credit cards.
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It’s simple: if you’re not making ends meet, you need to either earn more, or spend less. Here’s how you might be able to do it.
Where do kids learn about money-management styles? From their parents, of course. And don’t think they aren’t watching. They are.
Funding a certain lifestyle on credit cards, shop accounts and personal loans doesn’t take long to get you into the red.