South Africa
Debt review
Need to be rescued from debt?
If you’re struggling to make your debt repayments, maybe Debt Review is the right solution to assist you in managing your debts.
DEBT REVIEW AND HOW IT WORKS
What is Debt review?
It's a process that helps customers who are struggling to meet their debt obligations. A debt counsellor approaches your creditors and makes payment arrangements on your behalf, reducing your payments to a manageable amount monthly.
What happens when you get into Debt review?
- Once you're in debt review, you will not be able to apply for credit
- You'll be listed on the credit bureau
- You'll be liable for paying debt counselling fees
- You'll still need to pay your instalments while under review
- You'll get assistance from a debt counsellor, who'll walk you through the process
Who can get into Debt review?
If you are struggling to make debt repayments, you can visit the NCR website: www.ncr.org.za. to find a registered debt counsellor.
How Debt review works?
If you are really struggling to make debt repayments, you can visit the NCR website: www.ncr.org.za to find a registered debt counsellor.
How does the Debt Review process work?
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