SA Debt Review

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Debt Consolidation in South Africa - SMS "DEBT" to 35688 for us to call you back today!

The term Debt Trap describes a situation where an over-indebted South African consumer starts using one debt to pay off others. An example of this would be taking out a personal loan or a second credit card with which to pay off other credit or loans, or even to pay for living costs because all of your income has already been used up paying off debt. Over time the situation gets worse and worse as you sink deeper and deeper into debt.

Debt Review in South Africa - Do you need advice on Debt Review? - SMS "DEBT" to 35688 NOW

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There has been a lot of comment in the press lately about high debt levels in South Africa and bad debt. This can easily create the false perception that all usage of loans and other debt is bad.

Actually though, debt used in a responsible manner is the way most major purchases and business deals are made possible. The problem is not debt, using debt incorrectly is the problem.