What is Debt Review?
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 consumer against Credit providers. During the debt review 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 debt review process and assist with all the documentation that needs to be completed, in order to officially apply for debt review. We have been assisting consumers in South Africa for quite a few years now and with our dedicated staff members, we will be able to make the debt review process as streamlined as possible. We have 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).
3 Major Benefits of Debt Review
There are quite a few benefits debt review provides and since we get asked this question allot, we decided to outline these benefits: