If you are in the process of debt review or are thinking about getting help from the services of a financial counselor then honestly the last thing you should be considering is borrowing more cash! It would be irresponsible of us as the owners of this public domain to offer information on where in South Africa you can get a cash loan for people under debt review. The fact is you are already struggling with your finances, making more debt is just plain stupid.
Ok, we got that off our chests! Now, having said that, there are ways you can get your hands on some extra cash and earn an income on the side to help you with your debt even if you are under review.
Our first suggestion, perhaps not the best, is to reach out to close friends and family. You may have someone close who could be willing to offer you some money as a gift or perhaps, dare we say it, as a temporary loan with very low or no interest and hopefully no exact time frame or terms on the repayment of that loan.
If you have nobody close to you that can lend you money then there are still a few options.
1. Part time work
There is no shame in running a temporary job after hours in situations where you need extra money. Many people both young and old accept casual employment such as waitering or pizza deliveries to help out with finances while they are waiting for a counselor to review their debt situation.
There are even home business opportunities on the Internet these days that can help you supplement your usual income but be careful with this. Read more here on some work from home scams and know that some of these so called opportunities can take a lot of time for very little income in return.
2. Rent something out
If you live in a house, it maybe possible for you to rent out a spare room for a while if you have one, this can help bring in extra income temporarily. Maybe you have a car or even a motorcycle you could let people make use of in exchange for cash.
3. Sell unwanted items
Another thing you could do when you are looking for a little bit of extra money is sort out all the “junk” you have in your home. This means that the extra kettle and toaster that have been in the cupboard for years, the spare exercise bike and other equipment that hasn’t been used in months can be sold online, preferably on Gumtree South Africa. To sell old items is always a good idea as you get money for things you no longer need, but if you are looking for an ongoing idea where you could regularly get money, you should rather think about applying for a part time job.
4. Change where you shop
You may be surprised to find out exactly how much money you can save just by changing certain shopping habits. If you regularly buy certain products at Checker’s for example, compare the prices of the same or similar products at Pick ‘n’ Pay or Spar. After comparing the prices of the groceries you usually buy you can then choose to buy the cheapest products at the various shops which can save you a lot of money on weekly groceries.
The point to the information above is to start thinking a bit more outside the box when it comes to getting yourself out of financial trouble. Only you are responsible for taking action over your finances and instead of looking for loan sharks or other desperate borrowing options people search for while under debt review in South Africa, discover new ways of getting the cash you need.