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Solace Feature 4

The Pressing Debt Crisis in South Africa

About 25 million adults in South Africa have incurred some form of debt, a situation that has continued to grow in recent years. Millions of South Africans are now under severe financial strain, with the cost-of-living crisis, unemployment rates climbing, and economic growth sluggish. With debt becoming a universal issue, you should explore ways to take control of your finances.
16 November 2024
Video
Understanding the Two Pot Retirement System Feature

Tax Implications for South Africans

South Africa's new Two-Pot Retirement System introduces flexible savings options along with significant tax implications, learn practical tips to protect your retirement fund
6 September 2024
Video
VAS Credit Score For Young Professionals Feature

Building a Solid Credit Foundation

In today’s financial landscape, a good credit score is essential for young professionals looking to secure their financial future. Whether it’s for obtaining a home loan, renting an apartment, or even getting a job, a healthy credit score can open many doors.
8 August 2024
Article
Meal prep VAS Feature

Navigating Load-Shedding Challenges

South Africans are no strangers to the challenges posed by loadshedding, a reality that disrupts daily routines and impacts various aspects of life.
7 February 2024 | 3 minute read
Article
VAS Putting your wages to work Feature

Putting your wages to work

No one in SA can afford to play games with their money these days, so here are a couple of helpful tips to get your wages working for you.
26 April 2023 | 3 minute read
Article
Start saving today become a millioniare tomorrow

Why you should start saving today

The power of compound interest is often referred to as the eighth wonder of the world. In simple terms, it means that you earn interest on the interest you’ve already earned and reinvested into your savings or investment account.
29 May 2022 | 4 minute read
Article
Dealing with death and frozen accounts

Death & frozen bank accounts

When you die your assets are frozen for the executor of the estate to correctly assess the value and determine the solvency of your estate.
27 April 2022 | 2 minute read
Article
Steps to take when faced with a sudden loss of income

What to do in the event of a sudden loss of income

Losing your job or having to pay for unforeseen expenses like vehicle repairs, or a medical emergency can instantly change your financial situation. What can you do?
27 April 2022 | 3 minute read
Article
Interest rates and debt management

The interest rates of credit agreements and how to better manage your debt

The costs of interest can quickly become exorbitant. Read the pros and cons of the different types of interest and avoid any unnecessary debt.
25 March 2022 | 4 minute read
Article
Debt review

How to deal with creditors while you're under debt review

Here's what you need to know
3 February 2022
Article
debt written off

Does unpaid debt get written off after three years?

Everything you need to know about prescribed debt
3 February 2022
Article
Back to school

How to budget for and spend wisely on school supplies

Tips to help you plan ahead for the back to school season
3 February 2022
Article
Back to school

When should I start prepping for back to school season?

Plan ahead for your child
2 February 2022
Article
Budgeting and debt management tips

Budgeting and debt management tips

How to proactively deal with your debt
2 February 2022
Article
Debt assist benefit

How Legal&Tax's Debt Assist benefit can help you

Smash your debt in 2022
2 February 2022
Article
What is the snowball effect method

What is the snowball effect method?

The best strategy to pay off your debt
2 February 2022
Article
Avoid more debt

How to avoid starting the year off with more debt

Strategies to get you out of the debt trap
2 February 2022
Video
over indebted

What to do if you’re over-indebted

Find out how to deal with too much debt
2 February 2022
Video
Get out of debt

Conquer your debt in 2022 webinar

In this webinar, we help you deal with your debt after the December holiday season, show you how to tackle the back-to-school-season and plan and budget for financial success in 2022.
28 January 2022
Video
April 2021 Webinar Legally Binding Email Header3

Legally Binding Webinar

We discuss contractual obligations, the debt collection process and how to avoid being blacklisted.
12 May 2021
Video
Legal You Q1 2021 Feature Story Square Images 1080 X 1080 Px9

Home Repossession

We explain the foreclosure process and give you tips to help you save your home from repossession.
23 March 2021 | 3 minute read
Article
debt management and budgeting

Money Management webinar

We discuss the importance of budgeting, saving and managing your debt.
29 January 2021
Video
Member Guides Site Banner Debt Councelling

Debt counselling: is it for you?

Understanding the debt review process and how this can protect your assets from being repossessed by your credit provider.
4 September 2020 | 6 minute read
How to guide
Member Guides Site Banner Credit Reports

Do you know your credit score? You should!

We discuss how a credit report can help you keep up to date with your financial status by doing a credit bureau check.
3 September 2020 | 5 minute read
How to guide
Debt

Understanding credit life insurance

If you are struggling with financial distress at the moment and are unable to make loan repayments you may have the ability to cover your debts if you are retrenched or due to other life events. Alternatively you need to approach your bank to make alternative payment arrangements. We unpack your options
1 August 2020 | 4 minute read
Video
Man With Debt

What are your legal options when you can't pay your debt?

You may have another option when you are struggling to make loan repayments. Chantel explains how to legally cut your costs in times of financial distress.
1 July 2020 | 4 minute read
Article
Man With Debt

COVID-19: Dealing with Debt and Money matters

What to do if you cannot pay your accounts or your rent
2 April 2020 | 1 minute read
Article
Interest rates and debt management

Acknowledgment of Debt

A Debt Acknowledgment Form contains the names of the two parties, the amount of money owed, an acknowledgment that there are no defences to the money owed, and a date certain by which the money will be paid back.
1 August 2019
Template contract
Credit Scores Article

Open Doors With Good Credit Scores

Before you commit to credit, you need to make sure that you can pay back this money in a responsible way.
31 July 2019 | 2.30 minute read
Article
Debt

Debt Counselling:

Did you know that almost half of South Africans are in debt and struggling to pay it back?
11 June 2019 | 2.30 minute read
Article
Black Family

Your lifelong companion

This infographic clearly shows the area in which we can support you. Use our services as you grow and experience new challenges in your life. What stage of your life are you currently in?
26 March 2019 | 3 minute read
Infographic
Lta 2940 Article Banner Wip 02

Christmas debt? Not this year!

Make sure you (and your bank account) are ready for the Festive Season with Legal&Tax by your side.
14 November 2016 | 1.49 minute read
Article
Man With Debt

Debt Dictionary

Got a question about debt? The answer may be here.
30 September 2016 | 7 minute read
Article

Interest rate caps on credit

Credit providers must disclose all fees, interest and charges before any credit is given but consumers must also make an effort to determine and understand the maximum fees that are allowed and to ensure that charges levied by the credit providers are lawful before accepting the credit
7 May 2016
Article