f you’re struggling to repay debt, there may be more than the monthly instalments at fault. You could be paying too much debt interest. Reducing this debt interest is another way to make debt manageable. Debt Interest rates For any amount of money you borrow from the bank or credit institution, the total debt incurred […]
How do I know when I am being crushed under the weight of my debt? Read More »
Debt consolidation unifies multiple debt, typically high-interest unsecured debt such as credit cards, into a single manageable debt payment. You can use the process to re-organize debt, reduce monthly repayments, pay back a lesser amount, and get a better interest rate on your loan. Below we look at debt consolidation and interest rates options. Debt
Explained: Debt consolidation and interest rates Read More »
Taking control over your debt gets easier once you understand the different types of debt and learn to prioritise paying them off. This blog explains various types of debt, the worst types of debt, and which debts can be consolidated when undergoing debt counselling. Different Types of Debt Debt can be categorised in several ways:
What types of debt can be consolidated? Read More »
This post was last updated on 25 March 2022 In this day and age it is difficult to find a reliable debt counselling company, many companies sell mediation (Which is not Debt Review and has no legal protection). We here have put together a list of debt review companies that can assist you nation wide
Debt Review Companies Read More »
In terms of the National Credit Act, 34 of 2005 (s131) when a consumer surrenders the goods, the credit provider must then follow the process set out in Section 127 (2) – (9) in order to realise the value of the goods. Once the goods have been sold, this amount is credited to the consumer’s
Breaking The Cycle Of Perpetual Debt Read More »
Debt counselling is a debt relief mechanism for over-indebted consumers. A consumer can seek the assistance of debt counselling on his or her own, or he or she might be referred to a debt counsellor by a credit provider, the court or the NCR. The main purpose of debt counselling is to:• Assess a consumer’s
What is Debt Counselling? Read More »