29.11.2021 Views

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.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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.

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

Saved successfully!

Ooh no, something went wrong!