Deliver Your News to the World Projects That 84% Of All South Africans Are In Debt



Mendham, New Jersey, USA (August 2009) Nearly 84 percent of all South Africans are in debt, according to an announcement made by the online debt consolidation company Debt Consolidation123 ( While the numbers may appear staggering, it is also projected that this number may actually go up as the global economy continues to flat-line.

If there is any good news in this report, it is that finding South African property owners now have more options when it comes to debt restructuring. The online company Debt Consolidation123 is one such option. They offer South African property owners financial solutions that can help reduce their debt load, thus helping these consumers keep more of their money at the end of the month. In some cases, this restructuring can mean the difference between foreclosure and keeping the property.

Besides offering property owners access to debt restructuring, the website also provides visitors with timely and important information that can help property owners make the best decisions concerning their individual circumstances. The website is free to use and open to the public.


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