How Can Debt Consolidation & Debt Review Help You!

Is debt effecting your life? Are you having sleepless nights because of your debt? if your answer is yes, you should start thinking about debt review.

It is nothing to be ashamed of, having too much debt and being blacklisted can happen to anybody. When you are in this situation, debt counselling is probably the best step you can take to get back on track financially.

You are over indebted if you answer yes the following questions:

• Are you struggling to pay your current debt on time?
• Do you never have enough money to pay your debts after essential living expenses?
• Are you unable to pay off future debt if you take out further loans?

We will assist you every step of the way. We have a unique system whereby you can track what is being paid on a monthly basis, and we are a phone call away should you have any concerns or queries.

You are ready to take the first steps towards financial freedom, simply complete the form below to have a customer service representative get back to you within 24 hours. It really is as simple as that, and you have nothing to lose.

The Truth About Debt Counselling

You more than like think that you are one of the only people who have gotten into serious debt, and perhaps you think that other people are getting it right. The surprising truth however is that these days, most people have debt.

The rising price of petrol, car costs, houses, bills, clothing and every other day to day expense soon starts to add up, and it is just about impossible to pay cash for everything you buy. Of course, it is also easy to overspend and live above your means. After all, you worked hard to earn your money, why shouldn't not you be allowed to spend it?

The trouble us, once you make that purchase, you probably do not think at all before signing your name on that slip. It is only afterwards, when things get out of control that we start to realise that maybe your debt is starting to become too much to deal with.

That is why debt review is so essential, whether you think you need it or not. Debt counselling is hugely worth it in the long run however, and can end up saving you a fortune in money, stress and energy.

How Debt Counselling Works

By now you are probably wondering how debt review works exactly, and how it can help you. It is fairly simple, you will apply for debt review with the aid of a registered debt counsellor or consultant, who will go over your financial information. This includes your income, assets and liabilities and expenses, and will help the consultant determine if you are over indebted.

Once all of this information has been processed, the debt consultant will decide what your financial status is in regards to debt. This process can take up to 60 working days.

Only those who have been determined to be over indebted will go under debt review. If you do not qualify for debt review however, your consultant will be able to assist you with a payment plan that can prevent you from reaching that point.

Debt Counselling: What You Need to Know

Some of things that your debt counsellor will do include presenting a debt restructuring proposal to your creditors, as well as arranging for you to pay a reduced payment plan that allows you to still keep your monthly expenses while paying off your debts.

This will stop the creditors from sending you legal action letters, and will also allow you to live your life without the threat of blacklisting or other legal worries. On the downside, it will take you longer to get debt free, and as a result of this, it is more expensive. You will also not be able to apply for credit during the debt review process, this means cutting up your cards!

The fee for debt review is R3000 plus VAT, or R4000 plus VAT for couples. These fees are determined by the National Credit Regulator (NCR), and are taken from your monthly payments. That means no up front payments to worry about. There are also after care fees, but these will be explained to you during the debt review process. You will never have to fork out huge amounts however, and it is a small price to pay for financial freedom!

Do Not Let Debt Ruin Your Life, Act NOW!

The debt counselling process is much easier than you think, and without this help, the future is bleak. Legal action or even blacklisting is a very real possibility if you do not take control over your debts, and once that happens, it is much harder to recover.

Let the experts help you prevent debt from ruining your life, with the help of trained counsellors, attorneys and other professionals on board, you will get the help you need before it is too late. You will be able to clear your name, reduce your debt and start your journey back to financial freedom.