Whether it’s good or bad debt, owing money is something that most of us have to live with. From home loans to credit card payments and even gym memberships, monthly payments can eat into your salary and make it hard to get by every month. When debt gets out of control, it can lead to…
South Africans are drowning in debt. Of the 24.25 million credit active consumers, a staggering 9.85 million are unable to pay back what they owe to banks, retailers and telecoms providers. This means more than 40 percent of South Africans who have bank loans, credit cards and retail accounts are in financial trouble. NCR statistics…
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