With financial worries ranking as one of the highest stress indicators in the world, it is not surprising that debt review and mental health go hand in hand. Anyone who has ever experienced the worry of debt will understand how easy it is to sink into depression or severe stress with the worry of mounting [...]

Debt review, a frightful word for some and a necessary solution for others – many of us have had to face this reality thanks to a very tough financial year. Financial stress and strain has undoubtedly been the theme for the past 18 months. South Africans have had a rough economic time lately – and [...]

Before suffering under the yoke of debt review correct your poor spending patterns and look at your debt from a different perspective. When looking at problems, we often make the mistake of looking at them as insurmountable and telling ourselves that there is no solution. Yet, all we have to do – especially with our [...]

Debt review is not a problem to worry about; it is a solution to actively pursue. Like everything in life, things definitely start looking up once you make the effort to do something about the problem – therefore, here are a few guidelines in dealing with your finances: •    Know your financial status – Know [...]

Why is debt counselling in South Africa so necessary? Is it due to the current credit crisis that we are facing (ignore the news reports, our national and personal debt is still sky high); or is it because we are so inept – for lack of a better word, at handling our own finances. Times [...]

A debt counselor from Credit Matters speaks out: I had to check the calendar to make sure of the date! I could not believe that we are in April of 2010 already. The year has really flown by. Time flies, and it supposedly flies when you’re having fun! But who of us are not struggling [...]

Financial stress was undoubtedly the theme for 2009. From the recession’s impact on consumer spending to the increase in debt counselling applications, South Africans have had a rough economic year and the tough economic climate has affected everyone. There are currently just over 18 million credit-active South Africans – with about eight million of those [...]

Ok, let’s have a moment of silence for all those in financial difficulty. Jinne, maar daar is baie van ons! I think it’s safe to say that we have come back to reality, and many of us have hit the ground hard. Unfortunately, it seems that the South African consumer is just not learning! People [...]

From early February, the US has intended to sell a proposed $81 Billion of all of its quarterly sales of long-term debt. It indicates that there is no reason to employ the use of larger auctions in order to finance its massive $1.6 Trillion budget deficit. The treasury department’s Assistant Secretary for federal finance, Matthew [...]

UK politicians have indicated that those who are having financial difficulty with their bills are being turned away from debt counselling assistance. At the end of the fourth quarter in 2009, UK debt was at a staggering £1.5 Trillion, with one in ten consumers having issues with their bill payments. For a one-on-one interview regarding [...]