Shaking off debt review shackles

February 1, 2013

An article published on about how and when you can get out of debt review

Read it here

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Debt review divorce threat

January 31, 2013

Here’s a great article posted on about debt consolidation, debt review and divorce:

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Are your debts keeping you up at night?

August 15, 2012
Are your debts keeping you up at night from globalpropertysa

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Debt Consolidation Loans bring relief

May 18, 2011

If you need to get urgent cash flow relief from the burden of high monthly debt repayments, then looking for reputable companies offering debt consolidation loans are the way to go.

The easiest and by far the least risky way to consolidate debt is through your home loan.  You’re probably wondering why I say it’s the least risky because you’re basically putting your house at stake?

I say it’s the least risk form of debt consolidation because often, opting for a debt consolidation loan by way of a personal loan can be a very expensive endeavor.

The idea is to reduce your interest and to reduce your monthly installments and most times a personal loan is much more expensive, not to mention the high interest.

Also, if you consolidate debt through your home loan you automatically have a much smaller repayment because the home loan is over 15 or 20 or 30 years and that will bring great relief monthly while you’re settling the debts.

Thereafter, you can use at least half of what you’re now saving on installments per month to make additional payments into your bond.  This way you reduce the term of your home loan and save on interest.

Debt consolidation is not ideal, but it does help you to manage your debt better and takes away the worry of high monthly debt payments.  Also, it gives you peace of mind knowing that you only have one debt to repay on a monthly basis.

If you are comparing debt consolidation loans and want more information or wish to apply, do not hesitate to contact us on

* information correct as per time of posting

Debt Consolidation and Home Loans…What are your Options?

May 11, 2011

Have you ever considered debt consolidation by means of a home loan?

Well, if you have, it really is the most cost effective way to consolidate debt.  Why?  Home Loans are currently at 9% and most credit cards are at around 18% and loans at 35%+ so as you can see, it’s half to three times cheaper than continuing on the course you’re on if you are paying off these types of debt.

Debt consolidation has helped many South Africans start afresh  and increase their monthly cash flow.

If you are interested in debt consolidation or applying for a debt consolidation loan contact today

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Create A Debt Consolidation Plan

October 20, 2010

Debt Consolidation – Many people are in debt struggling to pay their monthly bills. Most people are looking for help in creating a debt consolidation plan in hopes to be able to afford their payments and still be able to live. Some people will go to a consumer credit counseling agency, but many people are learning how to do it on their own.

Having a debt consolidation plan, individuals can determine the best way to get out of debt. There are so many different methods to getting out of debt, but all of them require you plan it out and budget it correctly. This will also help the individual to stay out of further debt.

1. List Your Debt
Always start out by knowing exactly what the total debt owed is. Grab a pencil and paper, and make a list of everything that is owed. Any cars, your house, student loans, credit card debt, store accounts, etc that is owed should be listed. Leave out any second mortgages or home equity loans. Rewrite the list in order, by the highest interest rate to the lowest interest rate.

2.Calculate Monthly Payments
Next calculate the monthly payments for each one of the debts listed. Write down the minimum monthly payment for each one. The goal is to reduce your monthly payment amounts.

3. Calculate Outstanding Debt
On the other side of each of your outstanding debt, write down the exact amount still owed. Add up the amount you still owe, as well as the monthly amount you spend paying your bills. Remember this amount does not include your everyday expenses such as petrol, utilities, food, etc.

4. Shop For The Lowest Interest Rate
Browse the different consolidation loans that are available today to help with your circumstances. There are secured loans and unsecured loans, but you want the lowest rate line of credit available. Shop until you can find the lowest rate with enough credit to cover your total amount of debt that you owe.

5. Contact Lenders
Contact the lender and explain that you are looking to rid yourself of your debt through their loan. This is extremely pertinent to tell them because some lenders when they look at your debt will not give you more credit than what you have. If you are closing the other accounts and getting rid of all balances, the lender is more likely to help you.

6. Create a monthly budget.
Once your old debt is paid off through the consolidation loan, it is exceptionally easy to fall back into the same amount of debt. Do not allow yourself to make that move. Track all you’re spending, and make sure your loan is paid off first.

Always pay as much as you can on the consolidation loan so that you will pay it off faster. It is crucial to be strict with your spending during this time. It is very easy to fall back into your old spending habits that got you into the mess you are in. Do not indulge or overspend with the extra cash flow you may see each month. Save, and work on getting rid of the debt completely.

Debt is something that weighs people down. Debt can truly change anyone’s mood and entire personality. Once you remove yourself from debt you will feel like you are finally free. The freedom you will feel will make it entirely worth it. Do not give up as you work towards freedom from debt!

* information correct as per time of posting

Debt Consolidation & Home Purchase

August 26, 2010

Doesn’t it just sound fantastic, you are a first time buyer and you buy your dream home and consolidate your debts at the same time so that you only pay the bond. Can it really work that way?

The sad news is, unfortunately not! Banks will only grant you a bond up to 100% of the purchase price.

That means that you would still need to cover the costs out of your pocket….and then what about the debts.

So, clearly you can see that debt consolidation is not possible for first time buyers. However, you can consolidate your debt into your bond if you are currently a home owner and if you have enough equity in your property.

You can also consolidate your debt when selling one property and purchasing another simultaneously To find out if you qualify for debt consolidation, click the link.

* information correct as per time of posting