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I lost My Job in Dubai and I’m Now in South Africa With Debt. – Vaalseun

“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 … Read more

It All Started When My Husband Lost His Job in South Africa in 1999. – Maria

“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 … Read more

How Do I Find a Registered Debt Counsellor in South Africa? – Flo

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 … Read more

I Live in South Africa and I Have Creditors Calling Me Everyday. – Zandile

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 … Read more

I’m Drowning in Debt in New Zealand and South Africa. – Drowning

“Dear Steve, 50yr female, 2weeks back in South Africa; 2years out of SA; made redundant few mths after obtaining work+work permit in NZ; unable to obtain work+renew work permit; borrowed money in SA to go + borrowed in NZ for airfare back home. Job hunting now; pennyless; no possessions; living off relative. Suffers from Osterich … Read more

My Child Has Own Business That Does Not Generate Money. – Mom

“Dear Steve, Scenario: Child has own business (in name only really) which is partially paid off. Due to bad debts from people owing money said child has been unable to pay back bank loan for past 4-5 months. Child does not live at home but lives with girlfriend. Child has no assets except said business. … Read more

I’m Stuck in South Africa With U.S. Debts. – Anthony

Anthony “Dear Steve, American, forced to live in South Africa due to spouse not being recognized for immigration to the U.S. I was forced to make the very difficult decision of leaving my spouse who could not remain in America or leaving America to be with my spouse. I of course left America because who … Read more

South African Consumer Debt Spinning Out of Control. Half Of Work Force Can’t Pay Their Debts.

Last year I had the opportunity to visit South Africa and take a firsthand look at the consumer debt situation. There was no doubt even when I was there that there was going to be a huge explosion of consumer debt problems. New regulations passed recently give more control to debt counselors to go before … Read more