Five good reasons to use Debt Management Services... Millions of people in South Africa are in debt and are finding it very difficult to service their current debt with the ever present possibility that your assets may be attached by one of your debtors. Debt management is a responsible way to settle your debt over time without fear of having your assets attached. Perhaps you have been retrenched or your working hours have been reduced due to downsizing or you have had...

Budgeting to help pay off your homeloan... Why is budgeting important? Because if you plan your budget well you could be bond free in just a couple of years. Your bond is a big noose around your neck and although the interest rate is less than your credit cards or vehicle interest, the length of time it takes to pay it off is crippling you with Interest. If you use the bond calculators to see the difference it makes to add an extra 10% or more to your payment,...

What to do if your Bond is in arrears... The banks are particularly aggressive when your bond falls into arrears and if you have experienced these calls you may feel the panic that goes with the thought that you may lose your home. Financial pressure is a reality that we all experience from time to time but it is the way we deal with this reality that allows you to live without fear of losing your home. Debt can mount up very quickly and it is very likely that...

Increasing your wealth through mortgage debt... How can debt in form be a good thing? This is a common question when faced with debt but acquiring debt can certainly be a very good tool with tax benefits under certain circumstances that can help propel your investment strategy forward and afford you the opportunity to use the banks money to grow your wealth. Living debt free certainly provides you with peace of mind but it is important to consider which debt to be...

How to reduce debt and create wealth using your bo... Your bond is an important tool that can allow you to achieve your financial goals quicker if used in the correct wealth generation manner. Clever use of the equity available in your home loan can prove to be a very valuable wealth generation tool and here are a few ways in which best to use that home loan equity. By using the equity in your home loan to purchase a vehicle, you could be saving as much as 4% in interest...

Debt consolidation... Consider debt consolidation if you owe money to many different credit providers, be it for cars, credit cards, home loans, hire purchase agreements or any other kind of debt, it is costing you a small fortune in charges and interest. The best way to deal with this situation is by consolidating all of your debt into one loan, paying off the smaller debts and only servicing one loan. The benefits of this are lower interest...