MSD Consulting

05/12/2023

Be mindful that while you go through a debt counselling process, your mortgage and credit score will be affected, but once the process is complete, you can live a financially-secure life. Read more:

While you undergo debt counselling, your mortgage will be affected. Once the process is complete, you can live a financially-free life.

04/12/2023

If you're drowning in debt, you should develop a debt management plan. The first step is to list all of your debt accounts and their current balances. Credit cards, personal loans, student loans and any other types of debt should all be included. Find out the next steps:

Individuals and families who are drowning in debt should develop a debt management plan. Follow these steps...

04/12/2023

Apart from their commonly understood role of providing financial support to individuals, banks also serve their communities in diverse ways.

If this date makes you anxious allow us to help you take control of your finances and get in touch here: https://msd-consulting.co.za/contact/

02/12/2023

Finding the correct debt counselling company is critical. They should offer helpful advice and a working strategy for debt repayment.

Here's what you should look for: https://msd-consulting.co.za/news/how-to-find-the-right-debt-counselling-company/

29/11/2023

South Africa’s gross debt will exceed R6 trillion by March 2026. In 2023, it currently stands at around R5.02 trillion, which shows how severe the debt crisis is and why good debt management is essential.

South Africa’s gross debt currently stands at around R5.02 trillion, which is why a good debt management strategy is essential.

29/11/2023

The debt counselling process involves several steps and the length can vary slightly, depending on the severity of the situation. On average, the entire process can take several months, but some clients need a few years to clear their debt.

Read more here: https://msd-consulting.co.za/news/how-long-does-debt-counselling-take/

27/11/2023

Your journey to becoming debt-free just became a whole lot easier with MSD Consulting!

Follow us for key insights, tips and advice to master your finances. Visit our website for more information: https://msd-consulting.co.za/

24/11/2023

In South Africa, where debt levels are high and living costs continue to rise, seeking professional help can make a difference in debt management.

MSD Consulting is here to help you: https://msd-consulting.co.za/news/professional-debt-counselling-services-in-south-africa/

23/11/2023

Finding the correct debt counselling company is critical. They should offer helpful advice and a working strategy for debt repayment. Here's what you should look for:

Finding the correct debt counselling company is critical. They should offer helpful advice and a working strategy for debt repayment.

23/11/2023

South African household debt reached R2.83 trillion in June 2023.

If you're wondering how debt counselling works, here is a step-by-step guide to the entire process: https://msd-consulting.co.za/news/how-does-debt-counselling-work/

21/11/2023

Will debt counselling affect your credit score?

The short answer is yes, your credit score will initially drop but it is likely to improve as you make regular debt repayments, which means that it could end up higher than before you started the process.

Read the full article here: https://msd-consulting.co.za/news/does-debt-counselling-affect-credit-score/

19/11/2023

The debt counselling process involves several steps and the length can vary slightly, depending on the severity of the situation. On average, the entire process can take several months, but some clients need a few years to clear their debt. Read more:

The debt counselling process can take several months to a few years to complete. This depends on the severity of your debt situation.