Debtfree DIGI Magazine - May 2016

EDITOR’S NOTE
When travelling down life’s highway, they
say it is good to stop and take a moment to
appreciate all the good around you. This is
because one can quickly become lost in the
rush of daily life that you don’t enjoy the good
things around you. There is another saying
about wood and trees. Basically sometimes
because of the day to day things we deal with
we lose sight of the big picture. This can be
true of those under debt review. Once the
initial honeymoon period wears off the daily
drudgery of making ends meet can make us
lose focus. It is important that if we want to
make a success of debt review we need to
celebrate the small victories daily. Food on the
table, less stress over who is calling, paying off
a smaller account. A positive attitude helps
make a success of debt review.
We have a jam packed issue this month all
about debt review. We catch up with the
progress on the annual Debt Review Awards
which has been underway for a while now.
Some important questions are answered that
you may have been wondering about. We also
look at all the local industry news and consider
how this will impact on you.
Did you know that, though you are paying your
insurance premiums each month, you might
be in for a nasty surprise when you try claim?
Be sure to read about a shocking development
that has unfairly hurt some consumers under
debt review.
We catch up with the various Debt Counsellor
associations and see what everyone has
been up to and has planned for the next
few weeks toward the back of the magazine.
Also in this section is a comprehensive list of
service providers such as attorneys and Debt
Counsellors. So, if you need help, be sure to
check out the service directory section.
We look at the new maximum rates credit
providers should now be charging on your
accounts and how one credit provider
association tried to stop these from coming into
effect and why. Another hot topic we touch
on is something called:” Fee Sharing”. You
may never have heard of it but it has become
a pet project of the NCR that is making many
operations change the way they do business.
We discuss the recent ruckus over the topic
and what it means for you.
Be sure to measure your progress in terms of
where you would be today if not under debt
review. Take a moment to enjoy a phone which
is not always ringing with demands. Breath
deep and contemplate how your family is able
to cover your monthly running costs while still
paying off your debt. Be sure to enjoy the good
things every day has to offer as you under go
the debt review process and before you know
it you will be debt free.