Out of Work? Here’s What to Do about Debt and Retrenchment

Out of Work? Here’s What to Do about Debt and Retrenchment

There’s no secret that most South Africans rely on debt to make ends meet every month. Almost 80% seek expensive unsecured loans to meet monthly financial obligations, and 84% with short-term debt want to access money ahead of payday to fulfil repayments, shows...
How to Reduce Your Debt Under Retrenchment

How to Reduce Your Debt Under Retrenchment

South Africa lost over 600k formal jobs in the second quarter of 2020, according to Stats SA. (source: http://www.statssa.gov.za/?p=13690). In the aftermath of the COVID-19 lockdown, retrenchment became a harsh reality in many sectors, and a wake-up call for the...
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