Johannesburg – Using your Master Card to pay your Visa is not an uncommon financial strategy.
Recently, however, taking on more debt to settle outstanding debt has reached alarming proportions.
The latest report by the National Credit Regulator shows the value of new unsecured credit (like personal loans and credit cards) rocketed by almost 26% to R10.54bn from the third to the fourth quarter last year, the largest amount on record.
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PMB & Natal Midlands
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Pietermaritzburg
Ashburton
Camperdown
Hilton
Cedara
Tweedie
Merrivale
Howick
Nottingham Road
Mooi River
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