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Most South Africans inevitably get to a point in life where they face financial shortfall and are thus forced to become a borrower as a temporary solution. While you won’t be judged for borrowing money, your payment activities reveal a lot about your habits and your personality.

In our previous post, we covered the basics of a loan and specifically personal loans. In this post, we'll recap the basics of a loan and tell you a bit more about pay day loans!

In our previous post, we helped you understand Debt Review a bit more. In this post we're going to show you the debt review process.

Debt review, also known as debt counselling, is a debt relief measure created in terms of the National Credit Act (NCA) to assist consumers that are over-indebted. This is done through budget advice, restructuring of debts and negotiating with creditors.

If you’ve been blacklisted, it doesn’t automatically prevent you from being able to access a loan. Some lenders do accept blacklisted clients. It’ll just take a little know-how and we'll give you a foundation to work from in this article!

Many of us walk around with a cost mentality, often dropping our heads in a sorry attitude when walking past things we cannot afford. What if, you get to spend money and pay off your loan, at exactly the same time? Yes, you’re not seeing double, it’s possible!

The credit bureaus in South Africa perform an essential role. They are necessary for a fair and reasonable credit market. According to the National Credit Act they are

Duplum means double, or perhaps double the trouble in the case of interest on loans. Literally translated, in duplum means 'double the amount'.

The National Credit Regulator, known in South Africa

The term ‘blacklisted’ is used to classify people who have a bad credit profile. While everyone understands the term, there is actually no blacklist. It’s randomly used