New WesBank data shows a significant increase in the use of the balloon payment option for vehicle finance this year, a trend that underscores the affordability pressures facing many South African car ...

Whether you’re buying your first house or your forever home, understanding your monthly mortgage payment is vital before you close. It’s often the largest recurring expense in your budget, and knowing ...

Personal loan: If you are planning to take a personal loan from a bank, an NBFC or a fintech platform, it is advisable to use a personal loan EMI calculator to check the monthly instalment based on ...

More South Africans are turning to balloon payments to drive off in new cars with lower monthly instalments. But the deal comes with a catch. “Lowering your monthly repayments can help you to stretch ...

Susan Thorp receives and has received research funding from the Australian Research Council, the Australian Securities and Investments Commission, the TIAA Institute (USA), IFM, and from UniSuper and ...

While discussion was focused on the federal government’s economic reform roundtable last week, a significant change that will mainly affect age pensioners flew under the radar. For the first time in ...

Using the balloon payment option to buy a car you can't afford might look tempting, but it carries much risk that can hurt your finances in the long run. While many South Africans are turning to ...

The benefits calculator is said to have helped at least 900,000 people in the last year. (Getty) Nearly one million people in the last year have discovered they are eligible for benefits they weren't ...

A new shiny car is not in everybody’s budget these days and car financers are trying to help them with balloon payments. It is so tempting. That lovely shiny car will cost so much less per month and ...