Debt Review is a process in terms of the National Credit Act for over indebted consumers. The purpose of the act is to protect the over indebted consumers against Credit providers. During the process the debt counsellor will draw up an income and expense document and thus determine how to compile a debt repayment plan.
We are registered with the NCR (National Credit Regulator) and one of our debt counsellors will be able to guide you through the process and assist with all the documentation that needs to be completed, in order to officially apply for debt review. Since we started, we have been assisting consumers in South Africa and with our dedicated staff members, we will be able to make the process as streamlined as possible. With the best and trustworthy financial and law experts in their fields that currently assist us with the debt review and we are also registered with the NCR (National Credit Regulator).
There are quite a few benefits and since we get asked this question allot, we decided to outline these benefits below:
Firstly, the biggest benefit is that you will only have to pay one fee that will cover all your expenses regarding your creditors.
Secondly, once you are registered, it will entail that you do not have to deal with any contact from your creditors.
Thirdly, the NCR protects you from being blacklisted and it’s another issue that you do not have to deal with.
Are you drowning in Debt and need Help?
Firstly, reduce your monthly debt repayments – one fixed monthly payment. Secondly, second chances do exist, find out more. You can contact us to speak to any of our debt counsellors and we will provide you our best advice and assistance, to get your application started. Chat with us online or contact us via the various channels. Read more posts on our blog.