In the aftermath of the recession many consumers are struggling to manage their personal finances. To assist consumers and to give back to the community, Compuscan Academy hosted FREE money management workshops countrywide.

According to the National Credit Regulator’s Credit Bureau Monitor research report as of March 2011, 8.63 million consumers in South Africa have an impaired credit record. This means that over 8 million people are currently either 3 or more payments in arrears on one or more of their accounts, have an adverse listing on their credit record, or have a judgement or administration order against them. With this shocking statistic on the rise constantly Compuscan took it on themselves to reach out to communities by hosting free monthly Money Management Workshops countrywide to educate and equip individuals with vital money management and credit knowledge. By empowering communities with financial insight Compuscan hopes to bestow on them the ability to better manage their personal finances and make informed financial decisions.

Compuscan recently hosted their eleventh Money Management Workshop - a uniquely designed training programme intended to increase the overall credit and financial literacy of individuals to help them steer clear of the pitfalls of debt. Workshop goers are exposed to budgeting and credit advice which will assist them in maintaining sustained financial independence and credit health. In addition, individuals learn vital savings techniques which will assist in directing them towards a secure financial future.

Attendees of past events commented that they thoroughly enjoyed the workshop and that the facilitator, Craig Sassman, was well prepared and approachable. Although most attendees have never before attended a workshop of this nature, they nevertheless felt they could understand the workshop content and positively apply what they had learnt to their personal financial situation.

At all workshops attendees are given the opportunity to receive a free copy of their credit report, provided they bring their ID documents along. On their credit report attendees can see their current creditworthiness status and are provided with critical information on how to improve their credit status to gain access to credit in times of need. Furthermore, the report makes individuals aware of their credit history and how paying their accounts on time can be used to their advantage.

Compuscan, a leading African credit bureau with its roots firmly vested in the African continent, sees these workshops as a long-term investment in our people and our country. We hope that all attendees enjoyed their time at the workshops and that they can successfully put into practice the money management tips provided to them.

So far Compuscan has hosted workshops in the following communities:

• February 2010 at the Drakenstein Public Library, Paarl
• March 2010 at the Macassar Community Hall, Macassar
• December 2010 at the Vlaeberg Community, Stellenbosch
• April 2011 at the Full Gospel Church, Belmont Park
• April 2011 at the Revival Centre Church, Mitchell’s Plain
• July 2011 at the Place of Hope Shelter, Athlone
• July 2011 at Compuscan Head Office, Stellenbosch
• August 2011 at Killarney Country Club, Johannesburg
• September 2011 at Blue Waters Hotel, Durban
• September 2011 at Protea Hotel (Central), Bloemfontein
• October 2011 at Cherry Place Conference Centre, Port Elizabeth

For more information, please contact us at on +27 (0) 21 888 6000 or e-mail us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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