by Carla Oberholzer | May 26, 2023 | Credit Smart
With the recent Repo Rate hike, borrowing costs have been brought to their highest level since May 2009. We understand that this news may cause some concerns, but let’s take a moment to gain some perspective. “In difficult times, it’s important to remember that we...
by admin | Nov 17, 2019 | Credit Smart
Can a consumer apply for credit after debt intervention? In order to be able to apply for credit again a consumer needs to have completed a few very specific steps. The consumer needs to complete the debt intervention successfully by fully settling the accounts...
by admin | Nov 12, 2019 | Credit Smart
Debt Intervention – Re-Arrangement or Restructuring of debt The National Credit Regulator will firstly attempt to re-structure a consumer’s debt to solve within a maximum period of 5 years. The NCR must consider the income and expenses of the consumer and look...
by admin | Nov 5, 2019 | Credit Smart
What is Debt Intervention? The president has signed the controversial Credit Amendment Bill into law and thousands of consumers are wondering if they will be able to benefit from the provisions of this bill and if they will qualify for Debt Intervention as defined in...
by admin | Feb 6, 2019 | Credit Smart
February, the month of love… or is it? February is the month where everyone spends crazy amounts of cash (that they don’t have) on romantic things that are way overpriced. Valentine’s day became a totally superficial thing that is driven to extremes by the smart...
by admin | Jun 6, 2018 | Credit Smart
Keeping tabs on what’s happening on your credit profile is possibly the single most important aspect of effectively managing your credit. Gone are the days when you only heard about your credit profile when applying for credit. Access to your credit information is so...
