Under Debt Review? Know Your Rights? Millions of employees celebrate Workers' Day or May Day globally, an occasion to mark significant milestones in labour regulations, e.g. the eight our daily working quota or the implementation of a national minimum wage. At ezDebt,...

When you fall into arrears on an account and receive a repossession order, you stand to lose more than your assets: your credit record and your credit score, may be negatively affected. A repo order will sit on the credit report for some time, preventing you from...

Are you defaulting on your loans and scared that creditors may take your main assets, home or vehicle? There are still ways to stop a repossession order and avoid the possibility of litigation and negative credit scoring. In this blog, we explore your options to block...

  More SA consumers who struggle with debt repayments are facing the crude reality of repossession orders in the pandemic aftermath. Banks, vehicle and assets finance units have already reported an increase in repossessions after last year's hard lockdown. Below,...

For South Africans, the Easter holidays are synonym with family trips over the long weekend and overindulging at the festive lunch. Expenses can quickly add up, but they don't have to. The last thing you want to worry about on Easter is getting into more debt. The...

If you cannot make your monthly debt repayments, perhaps taking a payment holiday is the lifeline you need after retrenchment. Should you go for it? How long can you set aside debts when you have no income? We answer these questions and more to help you deal with...

There's no secret that most South Africans rely on debt to make ends meet every month. Almost 80% seek expensive unsecured loans to meet monthly financial obligations, and 84% with short-term debt want to access money ahead of payday to fulfil repayments, shows a...

It's a tough time to be retrenched in South Africa during a national pandemic, struggling to survive financially and repay debts you cannot afford anymore. A July 2020 report by credit bureau TransUnion showed the Covid-19 lockdown had impacted 77% of consumers'...

South Africa lost over 600k formal jobs in the second quarter of 2020, according to Stats SA. (source: http://www.statssa.gov.za/?p=13690). In the aftermath of the COVID-19 lockdown, retrenchment became a harsh reality in many sectors, and a wake-up call for the...

South Africa has moved into a new era with the resignation of President Jacob Zuma and Cyril Ramaphosa taking over the reigns of the country. One of the first and possibly major changes under the new regime is the decision to increase VAT (Value Added Tax) for the...