Getting genuine credit card debt advice in SA is fairly easy to do as many South Africans use their credit cards as a form of constant loaning. This is because the price of living in South Africa is quite high in comparison to the minimum or average wage. Many ordinary people simply cannot make it to the end of the month without using their credit cards and thus end up with money problems or blacklisted. If you are one of those people and think that it is time for you to get help, and then ask to speak to one of the financial counsellors at your bank about consolidation loans and management plans.
Ask your banks financial counsellors about getting genuine credit card debt advice in SA and they will probably advise you to consider debt consolidation loans. These loans do not remove your debt, but as their name suggests they consolidate it so that you are left with one monthly payment to make, at one interest rate, for a defined period. This may sound like a solution, but it is obviously only part of the solution because you will need to manage your money problems in other ways as well. A debt counsellor will be able to help you to plan your path after being blacklisted or your path to avoid being blacklisted. They will also be able to talk to you about managing your spending on your credit card based on your available monthly income.
It’s not always easy to ask for help or to get help, but debt is never something that should have you worrying or having sleepless nights. There are solutions for money problems, but it requires that you admit that you are part of the problem and that you need assistance. When you’re at that place ask about getting advice on debt due to your credit card spending.