Can You Consolidate Debt With a Low Credit Score?
A low credit score doesn't automatically disqualify you, but affordability, missed payments and existing debt all influence approval.
If another loan isn't suitable, debt restructuring may offer an alternative way to manage your repayments.
Understanding the difference could save you from making an expensive financial decision.
Cash flow is the lifeblood of any business. Yet for many South African companies, especially those operating on extended payment terms, the reality is harsh: you deliver the goods or services, issue the invoice, and then wait — sometimes 30, 60, or even 90 days — for payment. In the meantime, expenses don’t stop. Salaries, rent, supplier invoices, and operational...
Why a Free Assessment with Premier Finance Is the Smartest First Step to Fixing Your Finances In a world flooded with false promises and flashy debt “solutions,” knowing who to trust can feel overwhelming—especially when you’re already dealing with financial pressure. At Premier Finance, we understand how hard it is to take the first step. That’s why we offer a...
In South Africa, thousands of people are living under the shadow of a debt review flag on their credit profile—and many don’t realise how deeply it can affect their lives beyond just applying for a loan. While being creditworthy is the obvious motivation to exit debt review, there are far more serious and long-term implications that are costing South Africans...
Every business needs capital to grow—whether it’s to hire staff, expand operations, stock up on inventory, or invest in marketing. But before you start searching for funding, you need to understand your options and what each one really means for your business in the long run. There are two main ways to raise capital: debt and equity. Each option has...
What It Means, How It Affects You, and What It Takes to Exit Successfully For many South Africans overwhelmed by debt, debt review (also known as debt counselling) offers a structured and legally protected path toward financial recovery. But one of the most common concerns people have is: How does this process impact my credit profile, and what happens when...
If you’re a small or medium-sized business owner in South Africa, you’ve probably felt the frustration of waiting on payments. You’ve done the work, delivered the product or service, and issued the invoice—but instead of getting paid, you’re left waiting. Sometimes for 30, 60, even 90 days. This delay is rarely due to your performance. In many cases, the invoice...
One of the most common reasons business finance applications are declined is simple — the application was submitted too late. When a business waits until debit orders are bouncing, rent hasn’t been paid, and there’s no money for salaries, the damage is already visible in the bank account. Funders don’t just look at your need for cash — they assess...
No parent wants to imagine a world where they aren’t there for their children. But the truth is, life is unpredictable. While we can’t control what happens, we can take one critical step to protect our children’s future — by drafting a legally valid Will. Why a Will is Essential for Parents In South Africa, if a parent dies without...
If you’ve ever received a call or SMS about a debt you don’t remember, or you’re being harassed for money you thought was long gone — you might be dealing with prescribed debt. This guide breaks down what prescribed debt is, how it works in South Africa, what your rights are, and what steps you should take if you suspect...
