25.10.2017 Views

Debtfree Magazine October 2017

SA"s Free Monthly Debt Review & Debt Counselling Magazine. Oct 2017 issue: We discuss how long it is going to take you to pay off your debts (incl through debt review). We also have profiles, advice, news and more.

SA"s Free Monthly Debt Review & Debt Counselling Magazine. Oct 2017 issue: We discuss how long it is going to take you to pay off your debts (incl through debt review). We also have profiles, advice, news and more.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

HOW LONG DOES IT TAKE TO REPAY DEBT?<br />

SECURED<br />

CREDIT<br />

When you want to buy something big, like a car or a house, then you<br />

can get asset back finance from creditors like SA Home loans or any<br />

of the big banks.<br />

Other than the banks vehicle finance arms, like Wesbank or MFC, many<br />

vehicle brands also have their own related finance companies (eg. BMW<br />

Finance).<br />

If you miss payments then the credit provider will take the asset back from<br />

you and sell it to recover some of the funds you owe them, before they<br />

chase you for whatever is left over.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!