One of the biggest worries at the moment is whether you will be able to pay your bond or not. Here is some advice on the bond payment options available to you if you hold a bond at the main South African Banks.Continue reading “Bond payment options during the COVID-19 lockdown”
There is so much information being thrown at us in the media at the moment and all of this just leads to more confusion. This article is meant to give small, relevant bits of information on some of the more important financial aspects of the #lockdown and #coronavirus crisis. Hope that these tips and tricks give you some help. If you feel that you have gained a bit from this article, please hit the like and share buttons at the bottom to help spread the word.Continue reading “Tips and Tricks to deal with reduced income during the COVID19 crisis”
I woke up this morning to an email from Standard Bank in my inbox. Nothing exciting about that, except that this one was a little different, it had some GOOD NEWS!
The Subject line informed me to “Redeem Your SBSA-COVID-19-Financial Relief Now”! Wow, awesome stuff, just what a lot of people needed at this time.
The body of the message was even more exciting, the government was giving me R7500.00 financial relief to help in the crazy times we are going through!
Then reality hitContinue reading “BEWARE – COVID related Email Scam”
FNB is the latest bank to release news that they will be offering payment relief to clients during the #coronavirus crisis.
Clients who bank with FNB and whose accounts are in good standing will qualify. The bank will be offering three months (April, May and June 2020) of reduced or zero payments. The decision will be made based on each individual client.Continue reading “FNB offers Payment Relief amidst Coronavirus Crisis”
ABSA Bank announced that it will be offering affected clients a special payment relief program during the #Coronoavirus Crisis.
This relief will be available to all clients; Personal, Business and Corporates will be able to avail themselves of the offer.Continue reading “ABSA announces payment relief program for clients”
You have probably already heard that Standard Bank has extended a payment holiday to its small business clients and students. You might have wondered whether this offer will be made to their personal accounts as well?
Standard Bank has also now extended that payment holiday to certain categories of personal accounts.Continue reading “Standard Bank personal account payment holiday”
With the #Coronovirus crisis doing the rounds, Government has issued new regulations to deal with it. One requirement is that all web sites ending with a .za domain must link to the Department of Health Coronavirus portal. The Gazette is available for download below.Continue reading “Business Owners – Do you have a .za Domain”
We are constantly receiving queries from consumers under debt review asking if they can skip paying their debt review during this lockdown. This post is to try and highlight some of the aspects and to allow consumers to make an educated decision.
There is NO blanket payment holidayContinue reading “Paying your Debt Review during the Lockdown”
Debt Review is a process governed by the laws of South Africa, specifically, the National Credit Act 34 of 2005.
Your Debt Counsellor has no power to “allow” you to reduce or not pay your installment. Even with the current crisis. You MUST continue to pay your installment in order to retain the protection of the Debt Review.Continue reading “Maintaining Payment of Debt Review installments during the Coronavirus Crisis”