Finance Advice Centre

This section of the site is dedicated to bringing you some of the best free advice for all matters relating to personal finance. Over time we hope to grow a large library of useful articles advice available specifically for South Africans.

Think before you borrow - Click for Full Article >>
While interest charges on loans are a fact of life, there are ways to manage them better. Before taking out a home, car, or personal loan, question whether you actually need it. Make sure you have exhausted all other options, and the reasons for taking on the debt are sound.
Borrowing money to buy a first home is fine, but taking out a personal loan to fund a holiday is not. Here are five factors to consider when taking out a loan. (excerpt from http://mymoney.iafrica.com)
The lowdown on loans and overdrafts - Click for Full Article >>
Loans may be a form of bridging finance to pay for items you need now, but for which you do not have ready cash. However, using loans to cover your living expenses will land you deep in debt. We report on personal loans and overdrafts.
Debt is one of the biggest stumbling blocks to building wealth. However, most people borrow money from their bank at some stage of their lives because they have insufficient cash to buy a car or a home.

Loans can be a good or a bad thing. If, for instance, you borrow money to buy a property and your home increases in value over the years, you will reap the rewards of the growth on both your money and that which you have borrowed. (excerpt from www.persfin.co.za)

Why not try out our free Loan Calculator to help you work out if a personal loan is right for you?

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