General Financial Knowledge

Debt Review/Counselling Explained

Debt review or debt counselling is one of the various measures of debt relief available to South Africans and provided for in the National Credit Act. This process is meant to assist over-indebted consumers who are struggling to pay their debt. It assists with budget advice, negotiation with credit providers for reduced payments, and restructuring of debts. It is not a savings mechanism.

General Financial Knowledge

Vehicle Finance vs Personal Loan

Buying a car is always exciting! One of the most daunting issues that one has to deal with is how to select a method of financing a car of one’s dream considering the fact that various options are available at one’s disposal. It is very important however to know how each and every credit option works and how they may help you before making the decision. So, to avoid losing you let’s consider the advantages of both car loan (vehicle finance) and personal loan.