Mr. Van Heerden    (Married, no dependants)
 
Income   R10 000.00
Living Expenses   R  7 000.00
Rental R3 000.00  
Groceries R1 800.00  
Telephone R   300.00  
Transport R   800.00  
Insurance R   500.00  
Water & Lights R   600.00  
(Affordable Amount to re-Pay credit providers)= R 3 000.00
 
CREDIT PROVIDERS:  
 
Absa Home Loans R 2 000.00  
Wesbank car repayment R    800.00  
FNB Credit card R    400.00  
Personal loan R    700.00  
Overdraft R    300.00  
Edgars R    350.00  
Lewis R    500.00  
Total= R 5 050.00  
     
Mr. Van Heerden is over-indebted, because he can only afford R3000.00 per month, yet, he has to repay R5050.00 per month.
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