DEBT HIGHLIGHTS

As debt counsellors, we speak every day to the segment of the population whom the National Credit Act - also known as the debt relief law, writes Anderson.

Couples who are married in community of property should understand their joint financial situation and know exactly how much debt both partners have.

The group said about 7.8 million of the country’s 60m residents have taken out a combined R225 billion of loans without collateral.

Fascinating insights into the choices made by distressed debtors.