Credit and Financial Information Blog
Blog.
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Standard Bank Home Loans
Standard Bank is the second largest mortgage lender in South Africa and enjoys a market share of about 30%.If you consider that the downward slide of the property industry started gaining momentum last year, Standard Bank must have been doing something right to achieve this type of growth. Dream Start A home loan aimed at making home finance more accessible to low income earners. That is, those earning a single or joint income of between…
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National Credit Act
The National Credit Regulator (NCR) was established as the regulator under the National Credit Act 34 of 2005 (the Act) and is responsible for the regulation of the South African credit industry. It is tasked with carrying out education, research, policy development, registration of industry participants, investigation of complaints, and ensuring enforcement of the Act. The Act requires the Regulator to promote the development of an accessible credit market, particularly to address the needs of…
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Woolworths Personal Loans
Woolworths Financial Services offers Fixed Term Personal Loan offers and Revolving Personal Loan offers depending on your credit profile and rating. Get your Loan Now ! Woolworths Personal Loans have a flexible payment period The fixed term loan has fixed payment amounts and a finite repayment period. The loan can only be drawn on once although it is possible to apply for a further loan once the first is paid off while a revolving personal loan you…
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How to Choose a Bankruptcy Lawyer
There comes a time when you have to call in the services of a bankruptcy lawyer or attorney. You will have tried everything in the book including payment arrangements and debt relief. You will have had numerous telephone calls with your bank manager and you would have negotiated with all sorts of financial advisers. However the end, when it comes, is brutal in its honesty. You will realize that you have no choice but to…
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Bankruptcy Procedures in SA – All you need to know
Once thought of as something that happened only to businesses, bankruptcy is an option that has become increasingly popular for individuals. Bankruptcy is a form of debt eradication and is probably the most effective and efficient debt solution currently available. More and more people are using bankruptcy as a way of eliminating unmanageable debt, which is why the number of individuals filing for bankruptcy has grown considerably in the last few years. Bankruptcy in South…