Privacy Policy and Security Notice
 

Please take careful note of the items below and should you not agree with any of these in full, please do not continue to use the site. This Policy forms part of our Terms and Conditions and by continuing to use this site, you are indicating your full agreement with all the provisions below. Should any item in this Privacy Policy be found to be invalid, the rest of this Privacy Policy shall still apply. For information about our site's compliance to the Protection of Personal Information Act (POPIA), please click here. Th

This site uses cookies. Cookies are little pieces of data stored by your web browser on your computer or on your phone. The site stores your database ID as a cookie on your computer, so that when you open the site in future, it can remember who you are and you don't have to log in every time.

Except for your email address as is mentioned in the next paragraph, this site never collects or saves any other information that can identify you personally. The information NOT gathered by this site, includes your physical address, place of work, your name and surname, or your banking details.

You are hereby informed that the site collects the e-mail addresses and other personal information of those who register on the site, the e-mail addresses of those who communicate with us via e-mail, the e-mail addresses of those who make postings to our chat areas, aggregate information on what pages users access or visit, information volunteered by the consumer, such as survey information and/or site registrations. You are also advised that this site, and its affiliate sites, may from time to time use the contact information that you supply, to contact you electronically. We never, however, send out spam mails or unsolicited email to any email address whose owner did not register a profile on this site. You have to opt in to receive emails from this site. We will also never share your personal email address or other personal contact information, with a third party. Should you not wish to be contacted, kindly deactivate your profile and you will receive no further communication from us.

It is a condition of use of this site that you maintain a working email address. We do not allow fake or inoperable email addresses on our site. You are advised that, in our effort to combat spam, we will immediately remove profiles to which we attempt to send an email, but find that the email we sent, bounces back for any reason whatsoever, including a disabled account on your side, spam filters blocking mails from us or for any other reason whatsoever. We will therefore not allow you to have an invalid, disabled or blocking email address to which we cannot send email. Should your mail be returned for any reason, you are hereby advised your profile will be permanently deleted, and you will not receive any refund whatsoever.

This site does not process any payments directly but rather uses secure 3rd-party sites, such as banks or a credit card processing company, in order to process payments. Please refer to the payment site's security notices in this regard.

You are advised that, except for the information you choose to share with other members of this site, none of your private infomation, e.g. the messages you send to other members, your email address, or your profile information, will be sold or given to other persons or entities, without your consent. The Owner will not sell or provide your private information to any third party, except for the owners, operators and administrators of the site, unless it is legally required of the Owner by law enforcement agencies or a court order. However, in the case of any dispute between yourself and ourselves, we hereby reserve the right to utilize any and all information you provided in such a dispute. We will anonymize such information to protect third party members, but we may use such data in any way we see fit.

The above specifically excludes correspondence you may enter into with the owners of the site, be it electronic, verbally or by any other medium, for example messages our members send to the owners. We may use such correspondence, for example messages you send us, which are intended for ourselves, and not other members, for any purpose we see fit, and we may publish, share it or utillize it in any way we see fit, without any limitation.

As is common practice for all social media sites, we reserve the right to review, moderate, modify or remove all and any content and messages that our members may create or post. This may be for any reason we see fit, excluding the provision thereof to third parties, but including for legal reasons (e.g. when a member is accused of improper conduct) or for quality reasons. You are advised that all content you may create, including your profile and all messages you send and receive, may be reviewed, modified, deleted or otherwise altered for this purpose, without notice thereof to yourself.

The information the site collects is used to improve the content of our website, used to customise the content and/or layout of our page for each individual visitor, used to notify users about updates to our website. It is not shared with any other organizations and will not be shared with any third party.

Unless you deactivate your profile (you are able to use this page to do so), you are advised that we will retain your profile information for an indefinite period, until such time as you yourself deactivate your profile. When you do deactivate your profile, your profile will become invisible to other members, but will remain in the database for a reasonable period of time, so as to assist with disputes or legal action that may arise from your membership of the site. As an example, a member may have committed crimen injuria or harassed or threatened other members, and we cannot then allow the user to simply erase all traces of his account. This period shall not exceed 6 (six) months.

From time to time, the site may use your information for new, unanticipated uses not previously disclosed in our privacy notice. If our information practices change at some time in the future the will post the policy changes to our Web site to notify you of these changes and provide you with the ability to opt out of these new uses. If you are concerned about how your information is used, you should check back at our Web site periodically.

Upon request the site will provide site visitors with access to a description of information that the site maintains about them.

This site and its affiliate sites are the products of and owned by Laurant Systems Systems, a South African software development company.

 






















Debt consolidation allows you to pool your debts into a single loan, making it much easier to manage repayments. If your application for a debt consolidation loan is approved (you’ll have to meet certain risk criteria), your credit provider will pay off your outstanding loans and pull the collective debt into a single larger loan. This makes repayment easier while also saving you money in admin fees. A debt consolidation loan will have a longer loan term than your original credit accounts. This lowers your monthly instalment, making it more affordable. But it also makes your debt more costly in the long run since it increases the amount of interest you pay. For this reason, you should always aim to pay off your debt as quickly as possible - even if you initially use a debt consolidation loan to make monthly repayments more affordable. When your outstanding debt has been settled, your loan accounts (such as personal loans) are closed, but your store and credit cards remain open (if you’ve had trouble managing your debt, it would be a good idea to close these). Lower monthly instalments might free up some of your budget, but this shouldn’t be interpreted as greater spending power. Such an attitude could land you in even more debt. If you have any disposable income, it should go straight into paying off your debt consolidation loan. Another risk with debt consolidation is that while it can help you make minimum repayments, it invites you to stay in debt longer, which, as has already been pointed out, raises the cost of your debt, and increases the chances of you accruing more debt. If you take out a debt consolidation loan, your goal should be to pay off your debt as quickly as possible even with the lower minimum repayments. Your credit score can affect the outcome of your debt consolidation application and whether you’ll be able to afford the newly proposed repayment. A good credit score can reduce the interest rate charged on your consolidation loan while a bad credit score can see you paying higher interest rates, as the financial institution will see you as a high-risk customer.