by admin | Nov 17, 2019 | CreditSmart Essential Reading
Can a consumer apply for credit after debt intervention? In order to be able to apply for credit again a consumer needs to have completed a few very specific steps. The consumer needs to complete the debt intervention successfully by fully settling the accounts...
by admin | Nov 12, 2019 | CreditSmart Essential Reading
Debt Intervention – Re-Arrangement or Restructuring of debt The National Credit Regulator will firstly attempt to re-structure a consumer’s debt to solve within a maximum period of 5 years. The NCR must consider the income and expenses of the consumer and look...
by admin | Nov 5, 2019 | CreditSmart Essential Reading
What is Debt Intervention? The president has signed the controversial Credit Amendment Bill into law and thousands of consumers are wondering if they will be able to benefit from the provisions of this bill and if they will qualify for Debt Intervention as defined in...
by admin | Feb 6, 2019 | CreditSmart Essential Reading
February, the month of love… or is it? February is the month where everyone spends crazy amounts of cash (that they don’t have) on romantic things that are way overpriced. Valentine’s day became a totally superficial thing that is driven to extremes by the smart...
by admin | Sep 28, 2018 | Essential Reading
We have all heard that saying, “money makes the world go round”. In fact, that statement is completely incorrect. The actual truth is that CREDIT makes the world go around. Without access to credit, the world economy will collapse, and poverty will be far worse than...
