DebtSafe Johannesburg

General information

▶ WHAT IS DEBT REVIEW ◀ Debt review, also known as debt counselling, is a proven solution to get out of debt. As a process it has been commended for its success in countries such as the USA and the United Kingdom. Debt review brings an alternative for consumers to effectively take control of their debt and rehabilitate them back into the credit market. The process is regulated by the National Credit Act – meaning that the protection and wellbeing of the consumer comes first. Debt review fundamentally protects over-indebted consumers against their creditors. What debt review does is a restructuring and reduction of the client’s monthly instalments on all their credit agreements. This repayment plan is structured in such a way that it: ➡ Is affordable for the client, meaning all essential living expenses are covered before any debt payments are made. ➡ Is fair and reasonable to the client’s creditors. ▶ THE BENEFITS OF DEBT REVIEW ◀ ➡ Immediate financial relief through a tailor-made budget, calculated by our experts. ➡ One reduced monthly instalment, we will immediately reduce your repayments to approximately 50% off your original instalments. ➡ Protection against legal action with credit providers prohibited to take legal action against you or your assets during a debt review. ➡ Transparency. You will have 100% transparency and 24/7 access to every aspect of your debt review. ➡ A dedicated debt counsellor, standing by to assist you through the process. ➡ Issuing of a...