Tag Archives: credit

The good, the bad and the ugly of late payments

Are late payments crippling your business? Why do customers think it is ok to pay late? What can you do to encourage people to pay on time? Firstly, let’s look at the ugly of late payments, what could possibly be … Continue reading

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Junk Status, recession and my debt

We are all aware that the volatile political landscape of South Africa has had a dire influence on the credit ratings adjusting our status to junk and we are officially also in recession.   We as ordinary citizens cannot do much … Continue reading

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Credit Amnesty might not be such a good idea, here is why:

On 5 September 2013, the South African Cabinet released a statement confirming its approval of credit amnesty. According to the statement, the “credit amnesty seeks to address the issue of access to credit to those South Africans that can afford … Continue reading

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