Debtfree Magazine Issue 11 of 2021
SA's free magazine about dealing with debt, debt counselling and debt review. This month we look at the topic of debt addiction. Could you be addicted to debt? We also look at how two debt counsellors were fined R500 000 each. Why? News, Reviews, Tips and advice and more.
SA's free magazine about dealing with debt, debt counselling and debt review.
This month we look at the topic of debt addiction. Could you be addicted to debt?
We also look at how two debt counsellors were fined R500 000 each. Why?
News, Reviews, Tips and advice and more.
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ARE YOU ADDICTED TO DEBT?
DEBT REVIEW CAN
HELP OVERCOME
DEBT DEPENDENCY
Being addicted to anything is a real challenge. It can
dominate your every waking hour.
Fortunately, with well planned management, a good support structure
and avoiding triggers, many people have been able to break all sorts of
addictions; including debt addiction.
When people enter debt review, they receive professional help in better
managing their finances and putting a realistic repayment plan in place.
They get the essential professional and emotional support they need,
and are often able to slowly mend some of the relationships at home
and with friends that have been under serious strain. This helps them
develop a wider support structure.
By not having access to more credit (credit providers are scared to lend
to people with a debt review credit bureau listing) while under debt
review, consumers are also able to focus on shrinking their current
debts rather than shifting their ever growing debts around.