Annaline van der Poel, COO of Debt Rescue, joins Gareth Edwards on eNCA to discuss whether this small reduction will bring real relief to over-indebted consumers, or if it’s simply not enough. While any cut is welcomed, Annaline argues that rising fuel and electricity costs will quickly cancel out any savings, leaving consumers still battling to make ends meet.
Beyond interest rates, Annaline talks about the growing demand for debt counselling and why many South Africans fear seeking help due to the stigma around debt review. She explains how debt review is a structured, legal process designed to help people protect their assets, reduce repayments, and ultimately become debt-free.
If you’re worried about your finances or wondering whether you qualify for debt review, this conversation is a must-watch.