It's completely normal to feel overwhelmed and confused about debt, but incurring more debt when you're already in a tight financial spot doesn't have to be shameful. Here is how to lose the guilt and take control over your debt. Stop the debt cycle Unfortunately,...

Taking control over your debt gets easier once you understand the different types of debt and learn to prioritise paying them off. This blog explains various types of debt, the worst types of debt, and which debts can be consolidated when undergoing debt counselling....

More than 50% of South Africa's 19 million credit-active consumers are already over-indebted, a fact only worsened by the pandemic and its lockdown effects on the local economy. These are recent stats released by the SA Human Rights Commission. But what is most...

Various money ratios indicate if your debt is at a manageable level or not. These calculations may be employed by financial institutions to determine your creditworthiness but are generally helpful to understand your finances, reduce debt and improve budgeting....

Being debt eligible means that you satisfy all the conditions to obtain debt and receive credit from banks or financial institutions. Here's how to find out if you are debt eligible and whether you qualify for credit, what to do if you don't and what an ITC Credit...

When it comes to paying off debt, knowing which debts to prioritise and pay off first can save you the extra money in accumulating interest and get you closer to eliminating another of those monthly instalment burdens. There are various ways to get rid of debt, and in...

Credit providers use your credit score to determine the risk level of your credit application before either its approval or denial, aka your creditworthiness. A higher credit score is more likely to result in the credit being granted on favorable terms than a low...

Most borrowers hardly bother to check their personal credit record and understand their credit score before applying for a loan and risking more debt when they shouldn't. According to a Credit Bureau Monitor report, less than 3% of the 24 million credit-active South...

A credit score is a number indicative of your borrowing history and financial decisions to date, good or bad. Banks, financial institutions, retailers and other lenders use this credit score to assess loan affordability and potential risks based on your payment...