Feedback from DebtSafe’s “South Africans’ Financial Reality During Lockdown” Survey Reveals Financial Concerns & Various Views

South Africans have recently shifted from a Level 4 ‘national lockdown stage’ to a level 3. And, although this level-shift can be a slight relief for some, many consumers are still trying to deal with the financial implications and emotional scars of the COVID-19 pandemic and national lockdown period as a whole. Recent feedback from

5 Characteristics the Youth Requires to Enhance Financial Resilience After an Unexpected Crisis or Emergency

It would be fair to say that recent unexpected events of the COVID-19 pandemic must have been the first severe economic crisis of the South African youth. And, it is, therefore, important that they incorporate specific characteristics to build a firm financial foundation to deal with any future emergencies, and to enhance their resilience after

Repo Rate 101: What It Means for the Consumer Facing Abnormal Circumstances

COVID-19 has brought unexpected changes for the country, the economy, businesses and the South African consumer. Due to these abnormal circumstances, the Repurchase Rate (mostly known as the Repo Rate) has brought sudden positives to a few consumers. Especially, current homeowners.  Since the beginning of the year, the South African Reserve Bank has cut its

Consumers Under Debt Review Have an Advantage During Lockdown & the COVID-19 Crisis Period

The stronghold of debt can be devastating to any South African consumer. But, for those that have already been proactive to get themselves out of their debt burdens, they are indeed a step ahead of their peers through the Debt Review/Counselling process. Considering the COVID-19 lockdown reality that they currently face together with the rest

Coronavirus/Covid-19 Pandemic and Panic: How the Debt Review Process Fits in & Can Help You, the Consumer

Various countries, individuals, consumers and lately, perhaps, you and other South Africans have surely felt the wind being knocked out of your sails. The Covid-19/Coronavirus has sent shockwaves throughout the world and has now sent us in South Africa into lockdown for 21 days – how are you planning to handle this unprecedented emergency protocol?