DEBT HIGHLIGHTS

OPINION: Undergoing debt-counselling is tough, but you're protected by the law and your interest rates may be reduced.

The Credit Ombud says it seems there is still widespread abuse of emolument attachment orders to deduct debt repayments from workers.

A March High Court judgment ruling scrapping a proof-of-income requirement for lenders 'should not be interpreted to mean criteria can be relaxed'.

Most South Africans don't have a financial plan in place to settle their debts and start investing.