Vehicle finance and balloon payments: what the low instalment costs you
A balloon saves R1,113 a month and costs R42,335 more, leaving R122,500 owing on a six-year-old car. Why it is how people end up underwater.
Loans & Finance
Home loans, car finance, student funding and business finance in South Africa.
Secured vs unsecured loans in South Africa
Why one costs 10.75% and the other 27%, what the cheaper one actually risks, and why consolidating card debt into your bond can triple what you pay.
Getting a home loan in South Africa: what banks assess and what it really costs
A bank lends what it thinks you can repay, at a rate set by your credit record. The transfer duty table, the cash costs you cannot bond, what a better record is worth, and the order that works.