Personal Finance &gt; Debt https://businessreport.co.za/personal-finance/debt/ Personal Finance &gt; Debt RSS Feed en-za 2026 Independent Media. All rights reserved. Use of this site constitutes acceptance of our Terms and Conditions and Privacy Policy. 5 hourly 1 /_next/static/media/personal-finance.12182e24.webp Personal Finance &gt; Debt https://businessreport.co.za/personal-finance/debt/ Read Personal Finance &gt; Debt <![CDATA[How to leverage the lower interest rates to pay off your debt sooner]]> https://businessreport.co.za/personal-finance/debt/2020-08-31-how-to-leverage-the-lower-interest-rates-to-pay-off-your-debt-sooner/ The SA Reserve Bank’s announcement of a cut in interest rates by a further 25 basis points last month was a much-needed lifeline for consumers reeling from the effects of the Covid-19 pandemic on the economy.

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]]> Mon, 31 Aug 2020 13:00:00 GMT https://businessreport.co.za/personal-finance/debt/2020-08-31-how-to-leverage-the-lower-interest-rates-to-pay-off-your-debt-sooner/ <![CDATA[The huge cost of payment holidays]]> https://businessreport.co.za/personal-finance/debt/2020-08-31-the-huge-cost-of-payment-holidays/ R12 900, on average, added to your debt

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]]> Mon, 31 Aug 2020 10:03:00 GMT https://businessreport.co.za/personal-finance/debt/2020-08-31-the-huge-cost-of-payment-holidays/ <![CDATA[Breaking women’s debt trap through responsible early access to wages]]> https://businessreport.co.za/personal-finance/debt/2020-08-13-breaking-womens-debt-trap-through-responsible-early-access-to-wages/ Payday loans are becoming big business and a major revenue stream for low income South Africans. Find out more here!

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]]> Thu, 13 Aug 2020 15:00:00 GMT https://businessreport.co.za/personal-finance/debt/2020-08-13-breaking-womens-debt-trap-through-responsible-early-access-to-wages/ <![CDATA[Research reveals true impact of Covid-19-induced recession on home rental market]]> https://businessreport.co.za/personal-finance/debt/2020-08-13-research-reveals-true-impact-of-covid-19-induced-recession-on-home-rental-market/ In a survey of tenants in rental accommodation, almost nine in 10 of them (88%) said they would only be able to afford a monthly rental that has been reduced by 10% for the next 12 months, while more than a third said they would move for a better deal.

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]]> Thu, 13 Aug 2020 07:00:00 GMT https://businessreport.co.za/personal-finance/debt/2020-08-13-research-reveals-true-impact-of-covid-19-induced-recession-on-home-rental-market/ <![CDATA[Top earners borrowing more to make up income shortfall]]> https://businessreport.co.za/personal-finance/debt/2020-08-04-top-earners-borrowing-more-to-make-up-income-shortfall/ South African consumers’ debt exposure to net income continued to deteriorate over the lockdown, with higher-income earners in particular under significant debt pressure.

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]]> Tue, 04 Aug 2020 07:39:00 GMT https://businessreport.co.za/personal-finance/debt/2020-08-04-top-earners-borrowing-more-to-make-up-income-shortfall/ <![CDATA[South Africa faces wealth deterioration crisis]]> https://businessreport.co.za/personal-finance/debt/2020-07-28-south-africa-faces-wealth-deterioration-crisis/ How understanding the real value of good financial advice can help

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]]> Tue, 28 Jul 2020 15:00:00 GMT https://businessreport.co.za/personal-finance/debt/2020-07-28-south-africa-faces-wealth-deterioration-crisis/ <![CDATA[Use rate cut savings to give your emergency fund a boost]]> https://businessreport.co.za/personal-finance/debt/2020-07-28-use-rate-cut-savings-to-give-your-emergency-fund-a-boost/ South Africans should seek every possible opportunity to save and put money away to avoid going further into debt for unplanned expenses.

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]]> Tue, 28 Jul 2020 09:00:00 GMT https://businessreport.co.za/personal-finance/debt/2020-07-28-use-rate-cut-savings-to-give-your-emergency-fund-a-boost/ <![CDATA[We’re getting a hard lesson on how to live more frugally]]> https://businessreport.co.za/personal-finance/debt/2020-07-27-were-getting-a-hard-lesson-on-how-to-live-more-frugally/ Each year in July – Savings Month – Old Mutual releases its Savings and Investment Monitor, a survey of working households in our metropolitan areas on how they are coping financially, pinpointing trends in spending and saving.

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]]> Mon, 27 Jul 2020 09:00:00 GMT https://businessreport.co.za/personal-finance/debt/2020-07-27-were-getting-a-hard-lesson-on-how-to-live-more-frugally/