Debt Rescue COO, Annaline van der Poel, shares her thoughts on the recent 25 basis point interest rate cut, questioning whether it will truly make a difference for struggling South African consumers. Severe Financial Challenges While the reduction brings some relief, van der Poel points out that many households are still facing severe financial challenges, […]
During an interview on SABC NEWS, Debt Rescue COO Annaline van der Poel expressed concern that the recent 25 basis point interest rate cut by the South African Reserve Bank (SARB) offers insufficient relief. She noted that it will not provide meaningful support to heavily indebted consumers. The rate cut brings the repo rate down […]
Debt Rescue CEO, Neil Roets, expressed disappointment at the South African Reserve Bank’s recent 25 basis point interest rate cut, stating that it is too little, too late to alleviate the severe financial difficulties facing many South Africans. Relief Insufficient for South Africans in Poverty While acknowledging that any form of relief is welcome, Roets […]
Neil Roets paints a stark picture of how fuel price cuts won’t bring real relief to many South Africans, especially those living in poverty. He points out that while the drop in fuel prices may seem like a positive development, it barely scratches the surface for the 55% of the population trapped in poverty. The […]
Short-Term Relief vs. Long-Term Consequences Neil Roets, CEO of Debt Rescue, raises important concerns regarding the new two-pot retirement system, particularly focusing on the tax implications and potential long-term effects on South Africans’ retirement savings. While the system may offer short-term relief for those struggling with debt, Roets cautions that many might not fully understand […]
Neil Roets, CEO of Debt Rescue, is deeply worried about the upcoming 40% electricity tariff increase planned for April 1, 2025. Roets fears that this massive hike will push families into heartbreaking decisions, like having to choose between keeping the lights on or putting food on the table. The Growing Debt Crisis Roets has been […]
During a powerful interview on ENCA, Annaline van der Poel, COO of Debt Rescue talks about the financial hurdles that middle-income South Africans are facing everyday. If you are struggling to stretch your rands, this interview will offer you the advice you need. Here’s a glimpse of the conversation on ENCA: How bad is it […]
During an interview on “It’s All About Money,” on Vuma 103 FM, Annaline van der Poel, COO of Debt Rescue, addresses pressing financial issues affecting South Africans’ wallets. Skyrocketing Grocery Prices Annaline talks about how rising food costs are impacting South Africans and what it means for your budget. Credit Card Usage on the Rise […]
We all want a quick fix when our debt has left us at a point where we can no longer manage our debt repayments and living expenses. A Consolidation loan is often advertised as an solution to your financial problems, an easy way to consolidate your debt into a single reduced payment. The reality of […]
Spaar Wenke Neil Roets, Uitvoerende Hoof van Debt Rescue, sê dat spaar nie drasties hoef te wees nie. Suid-Afrika het een van die laagste spaarkoerse ter wêreld. Hy meen Suid Afrikaners moet eenvoudige maniere vind om finansiële stabiliteit te verseker. Hier is ‘n paar spaar wenke: Stel ‘n begroting op en monitor jou uitgawes. Vergelyk […]
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