Debt Review is a process in terms of the National Credit Act for over indebted consumers in South Africa and 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.
Debt counsellors need to be registered with the NCR (National Credit Regulator) and have an official registration number in order to provide the service of debt review.
We are registered with the NCR 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.
There are various fees payable, so be sure to discuss this with the debt counsellor in detail, in order to know exactly how much need to be paid, in order for you to get onto the road to becoming debt free.
If you do need more information on debt review, please contact us via our enquiry form, WhatsApp (071 266 7068
) or give us a call on 021 988 0285
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