Essential Reading
Below, you will find a list of our thought-provoking articles. All of these are intended to educate our clients to make better financial decisions.
Credit Cards Unveiled: The ‘Basics’, The ‘Good’ & The ‘Be Careful’
CreditSmart's Deep Information Dive “Sixty-one percent (61%) of our 2023 ‘Financial Savvy’ survey respondents said they use their credit cards every month and lay awake stressed about their financial situations. A lower, 39%, confirmed they do not have a credit card...
Why Grocery Prices Keep Affecting South African Consumers’ Pockets
“Picture this: you walk into the grocery store, expecting to find some relief from rising grocery prices since inflation is purportedly decreasing, only to be met with the same or even higher price tags. It’s frustrating and bewildering, leaving you questioning why...
Top Ten Tips to Consider Before or During Any Grocery Shopping Outing
In honour of #WomensMonth, and to help alleviate the stress of grocery planning and shopping, our CreditSmart team presents tips and considerations to help you, our South African women, to make the most of your grocery budgets.
NATIONAL SAVINGS MONTH: Consumers Encouraged to Consider Suitable Savings Options Instead of Giving in to Unsecured Debt
NATIONAL SAVINGS MONTH – Consumers Encouraged to Consider Suitable Savings Options Instead of Giving in to Unsecured
Four (4) Tips for Building Financial Resilience in Young People
“Our South African youth is not only a group of passionate individuals and groundbreakers at heart, but they can also exemplify financial resilience, embodying the qualities of true stewards of their finances. And in the process help shape a legacy for others to...
Important Update: South African Reserve Bank Repo Rate Increase
With the recent Repo Rate hike, borrowing costs have been brought to their highest level since May 2009. We understand that this news may cause some concerns, but let’s take a moment to gain some perspective. “In difficult times, it’s important to remember that we...
Debt Intervention – Part 3
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...
Debt Intervention – Part 2
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 at...
Debt Intervention – Part 1
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...
Get out of Debt, the #CreditSmart way!
Our solution can restore your credit profile and get you out of debt:
- Improved Monthly Cash Flow
- Remove Debt, Anxiety & Financial stress.
- Get rid of Creditor harassment calls & threats.
- Not keeping up with payments. / In arrears with your accounts already.
CreditSmart is here to help you take back control of your financial situation through various products and services specifically designed to address each phase of the credit to debt life cycle.