Compuscan Empowers Communities by Hosting Countrywide Free Money Management Workshops

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 tenth 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.

Future Money Management Workshops are scheduled for 29 July 2011 at Compuscan’s headquarters at Techno Park in Stellenbosch; 17 August 2011 at Killarney Country Club in Johannesburg; 19 August 2011 at Furrow Lane Hotel and Conference Centre in Pretoria, 14 September 2011 at Blue Waters Hotel in Durban, 22 September 2011 at Protea Hotel (Central) in Bloemfontein and 19 October 2011 at Cherry Place Conference Centre in Port Elizabeth.

Anyone who feels that they require guidance with their financial affairs or is interested in learning how to better manage their finances and become credit healthy is welcome to attend. You can also contact us to schedule a workshop in your area.

If you would like more information on the Money Management Workshops or to make a booking, please contact us on 021 888 6000 or send an e-mail to info@compuscanacademy.co.za or visit http://www.compuscan.co.za/