25 February - Labour - Start saving and beat the debt trap!

On Sakhisizwe today, we were joined by Levin Born – National Marketing and Sales Manager for Debt Help Financial Services. We were talking about how to beat the debt trap. Last year the National Credit Regulator urged South African consumers to think twice before applying for credit in the context of grim market conditions characterised by high inflation and interest rates, as well as record over-indebtedness. According to experts, consumers were often desperate for financial assistance and recklessly take out various forms of credit like credit cards, clothing accounts, overdrafts, and long & short-term loans. Debt Help Financial Services aims at increasing consumer awareness of the debt management and financial services industries to maintain credibility and dignity of these respective industries and help alleviate opportunistic illegal credit rescuers especially now as we face financial meltdown. Levin explained more. If you want to find out more about Debt Help Financial Services you can visit www.dhfs.co.za or contact 082 728 7849 alternatively (021) 945 3536.

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