“Dear Jon, I was living in London in 2004/2005 on a 2 year working holiday visa. I left to come back to South Africa and never closed my Natwest Account or cancelled my vodafone contract (the guy on the customer service line said I can just let the contract run out, it was for 18 …
Now here is a study that will probably surprise some people. A recent survey by the Aite Group and ACI Worldwide of consumers who experience credit card fraud found some countries are much more at risk of consumers having their credit cards used fraudulently. As someone who has lived and travelled to many countries outside …
People in South Africa are finding it tough to save money as many people are around the world. The latest saving rate published by the South African Reserve Bank found the national rate of savings as a percentage of GDP has declined. It appears that while households hold on to the 1.7 percent savings rate, …
It’s annual pet scammer week! That’s a lie. But it sure feels like it. Eric Stein was charged with running an investment scam through Return-A-Pet LLC. Return-A-Pet was a New York company that allegedly facilitated the return of lost pets to their owners. Stein was out on supervised release for a previous investment fraud scheme …
When you are struggling to find enough money to get through the month or make ends meet, it an feel as if you are all alone in that effort. Money troubles are internationally universal and experienced by people around the world. Just yesterday I wrote about consumer debt levels increasing in Australia and Canada. The …
“Dear Steve, In 2008 I moved to Dubai to work in the advertising industry. My company applied for a credit card on my behalf. Shortly after my arrival the recession hit, and I had to rely on my credit card more and more. In the beginning I could manage the repayments just fine. However, after …
We are in about R600000 debt. We approached debt councellors and have noticed that the interest is still accruing on all accounts. We have 3 credit cards, 3 car loans (only 2 cars are with us. One was repo’d) we have a lot of medical bills and a couple of loans. In the last 7 …
“Dear Steve, All started in 1999 my husband lost his job and i haven got a permanent job for a year. So i didnt pay any accounts they blacklist me and soon as i start working all the creditors start phoning me i took out loans that i count afford and theirs were everything start …
Flo “Dear Steve, l’m in debt in South Africa and need a debt review. Good day! How do l tell if a company is registered through NCR to practice debt counselling. How do we avoid scams especially on the internet. Flo” Dear Flo, In South Africa the National Credit Regulator (NCR) is responsible for regulating …
Zandile “Dear Steve, I’m in round about R40 000.00 of debt altogether, i only earn nett 6800 p/m. i dont know how to get out of this mess. i’ve got creditors phoning me everday, threats of legal action, summons you name it. pls help me. i really am tired of all this. Is it not …