Banks are warning their customers to be cautious of advertisements promising significant discounts on debt repayments without clarifying that they are actually referring to debt review or debt counselling.

While debt review can indeed help to manage debt, it also has serious implications such as losing access to credit and incurring the payment of upfront fees.

Lester Kiewit speaks to René Moonsamy, chairperson of the National Debt Counselling Association to discuss more.

Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. 

Lester Kiewit brings you a fresh and reliable start to the day on Good Morning Cape Town with Lester Kiewit.

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Banks are warning their customers to be cautious of advertisements promising significant discounts on debt repayments without clarifying that they are actually referring to debt review or debt counselling.
While debt review can indeed help to manage debt, it also has serious implications such as losing access to credit and incurring the payment of upfront fees.
Lester Kiewit speaks to Ren&eacute; Moonsamy, chairperson of the National Debt Counselling Association to discuss more.
Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show.&nbsp;
Lester Kiewit brings you a fresh and reliable start to the day on Good Morning Cape Town with Lester Kiewit.
The show covers the stories that matter to Cape Town, with clear, thoughtful conversations and a focus on what&rsquo;s relevant and interesting.
Thank you for listening.
Catch the show live on Primedia+ weekdays from 6 am to 9 am (South African time) <a href="https://buff.ly/NnFM3Nk">https://buff.ly/NnFM3Nk</a>
Find more from the show and catch‑up podcasts on Primedia+ <a href="https://buff.ly/xGkqLbT">https://buff.ly/xGkqLbT</a>
Subscribe to the CapeTalk newsletter to stay up to date <a href="https://buff.ly/sbvVZD5">https://buff.ly/sbvVZD5</a>&nbsp; &nbsp; Let&rsquo;s keep the conversation going online:
CapeTalk on Facebook: <a href="https://www.facebook.com/CapeTalk">https://www.facebook.com/CapeTalk</a>&nbsp; CapeTalk on TikTok: <a href="https://www.tiktok.com/@capetalk">https://www.tiktok.com/@capetalk</a>&nbsp; CapeTalk on Instagram: <a href="https://www.instagram.com/capetalkza">https://www.instagram.com/capetalkza</a> CapeTalk on X: <a href="https://x.com/CapeTalk">https://x.com/CapeTalk</a>&nbsp; CapeTalk on YouTube: <a href="https://www.youtube.com/@CapeTalk567">https://www.youtube.com/@CapeTalk567</a>

Join Lester Kiewit every weekday for an authentic Cape Town wake-up call. The show gets Cape Town as close to the story as possible, from high-profile interviews to did-you-hear watercooler conversations. The show is enlightening and accessible, inclusive and thought-provoking. It helps listeners navigate the (sometimes hectic) business of life.

Some highlights include the daily Editorial segment at 6:10 and the flagship #LesterTester on Fridays at 8:35. The WorldView favourite Adam Gilchrest shares his take on the biggest global stories daily at 7:45am. Tune in daily for the ‘Hood Hang-out at 7:55am.

#CoffeeDate is a regular outside broadcast that happens on the first Monday of the month, starting in November. Each #Coffeedate is broadcast from a different community, featuring the voices and opinions of residents, ward councillors, local celebs, community leaders and you, the listener.

Good Morning Cape Town with Lester Kiewit, Monday to Friday 06:00 to 9:00 on 567 medium wave (AM) or streaming online at www.capetalk.co.za

#GMCT with @lesterkk @CapeTalk #JoinTheConversation

Follow Lester on Twitter: @lesterkk Twitter and Facebook: @CapeTalk

Join Lester Kiewit every weekday for an authentic Cape Town wake-up call. The show gets Cape Town as close to the story as possible, from high-profile interviews to did-you-hear watercooler conversations. The show is enlightening and accessible, inclusive and thought-provoking. It helps listeners navigate the (sometimes hectic) business of life.
Some highlights include the daily Editorial segment at 6:10 and the flagship #LesterTester on Fridays at 8:35. The WorldView favourite Adam Gilchrest shares his take on the biggest global stories daily at 7:45am. Tune in daily for the ‘Hood Hang-out at 7:55am.
#CoffeeDate is a regular outside broadcast that happens on the first Monday of the month, starting in November. Each #Coffeedate is broadcast from a different community, featuring the voices and opinions of residents, ward councillors, local celebs, community leaders and you, the listener.
Good Morning Cape Town with Lester Kiewit, Monday to Friday 06:00 to 9:00 on 567 medium wave (AM) or streaming online at www.capetalk.co.za
#GMCT with @lesterkk @CapeTalk #JoinTheConversation
Follow Lester on Twitter: @lesterkk Twitter and Facebook: @CapeTalk

Good Morning Cape Town with Lester Kiewit

Money on a Monday: Don’t be fooled into undergoing debt review

https://api.omny.fm/orgs/5dcefa8e-00a9-4595-8ce1-a4ab0080f142/clips/3e611f42-65bb-4001-95ba-b4a2006b7c36/transcript