FindBetter

  If you're finding yourself constantly juggling bills and struggling to make ends meet while creditors are breathing down your neck, don't despair. Debt review in South Africa - established under the National Credit Act — eases the financial strain of your obligations and offers a way out.   Debt review in South Africa (more formally known as ‘debt counselling’) is a legal route designed to support people who are drowning in financial stress. During this process, a registered debt counsellor will take a close look at your financial situation and come up with a repayment plan that makes sense for you and your creditors.   A real-life example of debt review in South Africa can change your life:   Meet Thato. He was dealing with debts totaling R60,000 across credit cards and a personal loan, and his monthly repayments are eating up more than half his take-home pay. This situation has left him with barely enough to cover basic living expenses - and worse,...

  When your finances aren't in good shape, it can feel like you’re trapped — - you might be constantly worried about the next utility bill and anxious that you will never reach your dreams. But it’s never impossible to change your trajectory. Here’s how to get control back and stay financially fit, according to SA debt counsellors :   Be honest about your current financial situation.   First, you need to know where you stand. List all your income sources, whether it's your salary, investment returns, or other earnings. Take stock of what you own — including savings accounts, investments, property, and other valuable possessions — and note down all your debts, from credit card balances to loans. You can start by simply putting this into a spreadsheet.   You might find that you’re actually doing a lot better than you think or find that your debts have ballooned out of control. Either way, this reality check will give you a clear picture of your financial s...