WHAT IS DEBT COUNSELLING?
Debt Review is a process where a consumer gets assistance from an NCR registered Debt Counsellor. The Process starts with an application for Debt Review and is done when the consumer receives a Clearance certificate after all debts have been settled. The time of the process may vary and all depends on how much debt the consumer has to repay.
An NCR approved Debt Counselor will assist the consumer in dealing with his/her debt. The Debt Counsellor will deal with all the credit providers the consumer received credit from and calculate a payment agreement which will allow to cover the consumer’s living expenses and distribute the remainder of the money to the creditors.
The Debt Counsellor will look at the applicant’s financial circumstances and make a recommendation to the creditors and deal with the courts concerning the restructuring of the debt and could even in some circumstances help to cancel certain credit agreements due to Reckless Lending.
On this site you will be taken through the whole Ncr debt counseling process and be able to gain some knowledge about debt in South Africa.
WHAT WE WILL DO FOR YOU
As soon as your application is accepted we will immediately inform all your credit providers that you have applied for debt counselling and that they should stop phoning you and deal with us directly.
We will reduce your payments by 50 to 70% and lower tour interest rates by as much as 80%.
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All applications gets treated as private and confidential and your info will never be shared with anyone outside of the debt review process.