What is a Credit Clearance Certificate and why does it matter?

So you had financial difficulties in the past. As a responsible consumer, you opted to make use of debt counselling. You have now reached the point that you have almost completed the debt counselling process. These are exciting times for you as your debt counselling process is nearing the end.

Your debt counsellor has advised you that you will be receiving acredit clearance certificate once all your accounts got repaid in full. We will explain the process after you have received your clearance certificate:

What exactly is this certificate?

This certificate also known as form19 is a vital piece of paper to prove that you have repaid off all your accounts. This certificate is your evidence that you are debt-free and that you have completed the debt review process. This certificate gets issued under section 71(2)(b)(i) of the National Credit Act.

The clearance certificate will only get issued by a registered debt review counsellor. You will receive this certificate only if:

• All the restructured accounts as per court order got repaid up in full
• there is no outstanding Debt counselling fees
• Home loan finance may get excluded. The credit clearance may get issued if there is a balance on the home loan account.

What Do I do with my credit clearance certificate?

You don't need to do much. Your debt review counsellor will act under Section 21 of the National Credit Amendment Act. This Act requires your debt review counsellor to submit a certified copy of the credit clearance certificate to all the credit bureaus. The National Credit Regulator requires your debt counsellor to present all paid up letters with your clearance certificate to all bureaus. This is to assure that the rearranged accounts get amended by the credit bureau as paid. The Amendment Act also requires the bureaus to remove the negative months in arrears indicators from the payment profile of these accounts.

Please request your debt counsellor to submit the required documents to the credit bureaus debt review departments. These departments will attend to the necessary amendments within 5 business days. Your debt counsellor will notify you once the process got finalized by the bureaus.

If your debt counsellor has already done this, please submit a copy of the e-mail that got sent to the bureaus. The credit bureaus will follow up with these departments on your behalf.

If your debt counsellor is refusing to issue the clearance certificate inquire why they are refusing. If you have paid off all debts and paid up all debt counselling fees you can then lodge a formal complaint with the National Credit Regulator.

What happens after the bureaus receive my certified certificate?

After receiving your credit clearance certificate each bureau will attend to the following:

• Access the NCR website. This is to confirm that the certificate got issued by the current and registered debt counsellor. The bureaus will not attend to your clearance certificate if your debt counsellor is not the debt counsellor on record. 
• Remove the Debt review indicator.
• Remove paid judgments and paid defaults.  
• Update payment profiles of any negative month indicators. These will only be for the accounts which formed part of the debt counselling/ debt review process. 

The Credit bureaus removed my debt review indicator. When can I apply for credit?

Each consumer's circumstances vary allot so there is no definite answer here. We would suggest to be a little bit patient and give your credit record time to adjust over two to three months. 

This will give your credit scores time to start accumulating positive points. Please visit our credit score article to learn more about credit scores.

Avoid the debt trap.

Be mindful of wanting to create more debt after getting declared debt-free. Try and remember all the stress and sleepless nights you had to endure while having too much debt. 

Under debt counselling, you got accustomed to a certain lifestyle. This involved strict budgeting and you got used to only using cash to buy goods and services. This type of behavior should continue after you have received your bureau clearance and credit clearance certificate. 

When buying on account keep the following in mind at all times:

• Stick to a Strict Budget.
• Don’t overspend.
• Always pay the required payment each month on all new facilities. 
• Only get credit cards when you need them. Usually for emergency use only.
• Keep your monthly repayments for unsecured debts at 10% of your net income.
• Keep your monthly repayments for secure debts at 20% of your net income.
• Keep your monthly repayments for secured and unsecured debts at 30% of your net income. 
• Pay off one account facility before you take on more account facilities.
• Save, save, and save some more.
• Know when it is time to ask for help when you fall into trouble. Don’t hesitate to fight debt before you fall into trouble.
• Never use your cards and loans as a substitute for income. 

Final Thoughts.

Keep working on staying debt-free and work on keeping your finances on track. If you have any questions you wish for us to answer, request a call back message in the boxes located throughout our website. We will get an experienced debt counsellor to get back to you as soon as possible.

You can find more interesting articles in our blog section. https://creditsalvage.co.za/index.php/credit-salvage-blog

Look out for:

• Our ultimate Credit score guide. Useful article for once you have completed the debt review process and received your credit clearance certificate.
• Consumers are becoming dependent on Credit.
• What to do if you can’t afford your debt repayments
• Is all debt bad?
• Our registration with the National Credit Regulator.

20 Essential Tips for Blacklisted Consumers to get out of Debt

Are you feeling stressed and concerned about paying your debt? Have you been told you are Blacklisted? Take a Chill Pill and relax; here, you’re going to learn how you can get rid of all your debt and can live a relaxed life.

Paying off debt can be frustrating and exhausting. That is the reason why credit clearance is out of the question for many. No doubt, it is not easy to get out of debt, but it is not impossible at the same time. For blacklisted consumers, it might take a bit longer to get cleared. If you have made a decision and will stay focused on your goal, then no one can stop you from changing your life.

Before moving forward, let’s have a look at some of the reasons why you should get out of debt.

Why You Should Get Out Of Debt?

Less Stress in Life:

When you find yourself in debt, it is without question the major source of stress in your life. You will always remain worried about paying your debts. You will unfortunately always experience negative thoughts. Thoughts like what will happen if you lose your job or you get unemployed will make your life stressful. Getting rid of your debt eliminates extra stress from your life. Reducing this stress will lead to better mental and physical health.

Better Financial Security:

Debt can be a real danger to your financial security. A large percentage of your income wastes in debt payments every month. These debt repayments is a contributing factor why you cant put money aside for savings. When you pay off your debt, you’ll be able to use your earnings for future planning. This ability to plan better will help you to become stable and independent in your finances.

More Freedom over Spending:

Many people can’t afford to buy things because of their debts. Being debt-free, you have more freedom to spend your earnings on the things you enjoy the most.

Better Relationships in Life:

Studies have revealed that living with debt causes many negative emotions. These emotions including anger and depression. These negative emotions affect your relations with your family and people at work. After paying off the debt, you will be a more satisfied and happier person, which will make your relationships better with your spouse, kids, friends, co-workers, etc.

You may have your grounds to get out of debt, but these are some of the reasons that can motivate you to escape from debt.

A Better Credit Score

Being over-indebted and having a lot of debts will affect your credit rating and this will show in you having a low credit score. Consumers who are in debt tend to live off credit to survive and will max out credit and store cards. These maxed-out credit and store cards will harm your credit score.

On the positive side once these accounts get paid off your credit score will almost immediately show an improvement.

What Do You Need To Get Out Of Debt if you are blacklisted.

As we’ve already discussed why getting out of debt is important in life, now you may be wondering how to do it. We have compiled a list of actions that should be part of your strategy to eliminate debt from your life.

Believe Yourself That You Can even if you are blacklisted!

First of all, you need to realize that you’re not alone who have debt and who is blacklisted. There are a lot of other people who have already paid off their debts bigger than yours. So have faith and believe in yourself that you can also find yourself debt-free one day. Staying positive will give you the needed motivation and courage to take the necessary steps towards a debt-free future.

Write Down All The Debt You Have:

Then, you need to assess your financial position with all the debt you have. You might be shy or afraid of the obligations you have, but living in this guilt may make your position even worse. From smallest to largest, list down all your debts. It will help you to have a clear picture of what you owe and what your interest rates are.

Once you know how much debt you have, then you need to calculate your debt to income ratio. It means to compare all the debt with your annual income. If your debt seems to be too high to manage, remember, and focus that there are many people with more debt than you and from today, it is going to go down.

Change Your Behaviour:

If you want to get out of debt, it is important to change the old behaviors that got you into debt. Consumers get into debt because of wrong approaches towards different situations. But what you have done in the past doesn’t matter, what matters is that you won’t let that happen again. Even if you hit the jackpot, it will not help you to get out of the debt if you don’t change the behaviors that got you into debt.

For instance, if you took a loan to survive financially after having to pay for an expensive car repair, once you manage to get rid of that debt, try to work on an emergency fund and save something for a rainy day.

Earn More Money:

It is very obvious that if you want to get out of debt, you have to earn enough so that you can survive and pay down your debts. Currently, if you’re not earning enough money to pay off the debt, try out the following:

Start A Side Business: 

When your income is not enough to fulfill your financial requirements, starting a side business or part-time job might be a solution. But starting your own business is never so easy; you must have some experience or knowledge of the business you’re planning to start. Despite all this, it is always a great option to bring extra money in your pocket. To easily start a side online business you may want to consider a ready-made online store for a fraction of the cost. Turnkey Online Shops

Sell Unnecessary Stuff:

If you have some stuff that is collecting dust in the garage, sell them to pay down your debts. If you have two cars, getting rid of one car can save you thousands of rands each year. You can also sell your extra household items on online platforms to get some quick cash. Be disciplined and use the proceeds from the sale of the goods to pay your debts.

Look For Hidden Income:

There are always some hidden opportunities around us through which you can earn a handsome amount of money. But people get shy or reluctant and don’t make use of these earning opportunities. Like if you’re good at some skills, you can make some extra money by teaching it to others.

Spend Less:

Earning more won’t help you in paying down the debt if you don’t cut your expenditures. In most cases, people get into debt because they try to get everything they want, even if they can’t afford them. You need to spend less and save more money to pay off your debt. Try these practices to save more money:

• Try to spend more with cash instead of credit.
• Stop expensive memberships i.e. gym memberships and DSTV memberships until you pay off your debt.
• Say no to smoking and drinking, it will not only save your money but will also have good effects on your health.
• Focus on your shopping and always put non-essential purchases on pending as long as possible. Look out for specials at certain shops and only buy cheaper no-name brands until you out of debt
• Try to avoid spending on expensive hobbies.
• Stop eating at restaurants more often.
• Stop making more investments until all debts are repaid in full
• Tell your family that you have a limited budget and convince them to cooperate in this.
• Limit electricity usage and excessive water usage. These saving practices will not only assist the country with its limited resources but will reduce your utility bill.
• These are some of the practices that help you to save more money, which you can use to pay off your debts.

Debt Counselling Can Help You To Get Out Of Debt:

Sometimes saving money isn’t enough, you may need financial guidance to get out of debt. Debt counseling is designed to assist over-indebted consumers who are struggling in debt repayment. Debt Counselling is a regulated process to get you out of Debt.

Once your application gets approved and you come under Debt Counselling, your assets will be safe and your creditors will be unable to harass you anymore by taking legal actions. The debt counsellor will negotiate with creditors on your behalf to agree on the lowest possible interest rates.

If you want to learn more about Debt counselling, which is also known as Debt Review.

In Conclusion:

Educating oneself in getting out of debt is a great way to get out of debt, but without professional assistance, it will remain an extremely daunting task to complete. Debt Counselling was designed to easily assist consumers to deal with debt. Blacklisted consumers find this process extremely helpful. 

Regardless of what type of debt you’re in, it is important to get out of debts as early as possible. It will take some time to get out of the debt cycle completely, but once you make a decision and remain focused on the strategies we’ve have discussed earlier, then you will make your future debt-free in no time. Every second you’re wasting, is taking you deeper into financial troubles. So don’t waste further time, start changing your life now! We offer professional Debt Counselling services and we offer credit clearance advice, contact us today to get rid of your debt.

Navigate to our blog articles about debt counselling and debt review More information. 

Articles include the following great articles:

• Debt Counselling: A simple Guide 2019
• Debt counselling Fees 2019
• Debt Review process - Step by step guide
• Hidden benefits of debt counselling in 2019
• What does blacklisted mean in 2020.
• Term Blacklisting. 

What is a Credit Score?

It is one tool that lenders rely on the first stages of a new application. They use it to see if it will be worth their while for your application to proceed in their application process. Your score is a three-digit number.

Your three-digit Credit score is a calculation out of a set of complex algorithms. These Algorithms use all your information from your personal report and generate you a score.

In South Africa, most consumers are aware of these important scores.  Most consumers will also already know that their score determines whether they will be successful in obtaining a loan, car finance, and home loan finance. Most consumers don’t know what their score is and are unaware that they have four credit scores and not one.

While assessing a new application lenders will make use of different credit bureaus to analyze risk. It is vital to ensure that your credit score with each bureau reflects only correct information and gets monitored at least twice a year.

To illustrate this we will make use of a real example of a client who we recently assisted.

Mr. and Mr. X married in community of property have been renting a two-bedroom unit for the last three years. Mr. and Mr. X been saving for a deposit for their own home and wants to start investing in their own home. Mr. and Mrs. X managed to save a 30% deposit. With plans to have children soon, they have decided this is the ideal time to ditch the rental unit and to buy a home of their own. As this was their first time buying a house and uncertain of where to apply for the best home loan finance Mr. and Mrs. X approached a bond originator. The bond originator applied for bond finance with all the major banking institutions in South Africa. The banking institutions all came back with different feedback with 2 out of the 5 banks coming back with approval.

In this example, we can see all financial institutions will make use of different credit bureaus. Some will make use of one or two and in some cases, some banks will make use of all 4 credit bureaus.

Factors affecting your credit score

Registered NCR Credit providers in South Africa send information about repayments to all the credit bureaus in South Africa. The main four Bureaus in South Africa currently are Transunion, Experian, XDS, and Compuscan. In terms of the Credit Act, these bureaus may hold information about consumers and their account conduct for certain retention periods. This confidential information is then imported into a readable report and a score gets generated based on the information in the personal report.

Your credit report includes:

• Name and Surname
• Identity number
• Postal and Physical Addresses
• Default information. These listing include Judgments, Default listings, notices, administration orders, and debt counselling indicators. This information Affects credit scores
• Your credit provider details. It includes account numbers, balances, and monthly installments. This information Affects scores
• Payment profile – this section analyses how you repay your accounts monthly. This information Affects scores
• Inquiries: When you made inquiries with credit providers. This information Affects scores.

 Different credit scorecards for each bureau.

Below please see the different credit scorecards for each Credit Bureau.

Compuscan.

The CompuScore aims to predict the probability of a serious default event occurring within 12 months. The Compuscore has a score range of between 480 and 700 points.

Compuscan Credit Score Categories:

688-700 Minimal Risk. You will get new account facilities and you will receive low-interest rate offers.

642-667 Low-Risk. A good credit score and you will still get new credit. You will receive a very low-interest rate offer.

622-641 Average risk. With a credit score in this range, you will still be able to get new credit. Credit will be more difficult to get and once approved you will get this credit at high-interest rates.

480-621 Very high-risk. You will find it hard to qualify for any new account facilities. You should work on your credit score before applying for any credit.

Website: www.compuscan.co.za

Experian.

The Delphi Score combines market-leading expertise in credit scoring techniques. It uses a unique combination of data assets to deliver unrivaled accuracy in credit ratings.

Experian Credit Score Categories:

601-750 Very Good. You will get new account facilities with ease and at very low-interest rates.

451-600 Good. You will be approved new account facilities. You will receive low-interest rate offers when you fall in this credit score range.

301-450 Average. With a credit score in this range, you will still be able to get new credit. You will find it more difficult to get credit and once approved you will get this credit at high-interest rates.

0-300 Very poor. You will find it hard to qualify for any credit. You should work on your credit score before applying for any credit.

Website: www.experian.co.za

XDS:

The Presage Score got developed for the South African market. This XDS credit score card is a suite of predictive generic bureau application scorecards. The scorecard is out of a possible 1000 points.

XDS Credit Score Categories:

840 – 1000 Very Good. You will get new account facilities without any problems. You will also receive low-interest rate offers from registered lenders.

760-839 Above Average. You will be approved new account facilities. You will also receive low-interest rate offers as a low-risk consumer.

680-759 Average. With a credit score in this range, you will still be able to get new credit but it will be more difficult. Once approved you will get this account facility at high-interest rates.

0-679 Very poor and below average. You will find it hard to qualify for any credit. You should work on your credit score before applying for any credit.

Website: www.xds.co.za

Transunion:

Transunion Credit Score Categories:

650+: Excellent  - Low risk. You will find it easy to qualify and get new account facilities. You will receive very low-interest rates.

600 - 650: Very good - Low risk. You will still find it very easy to qualify and get new account facilities. You will also receive very low-interest rates.

550 - 559: Good. You will qualify and get new account facilities with certain lenders. You might find it hard to qualify for new account facilities with some lenders.

0 - 549: Poor. You will struggle to get any account facilities. You should concentrate on working on your report before applying for new account facilities.

Website:  www.transunion.co.za

5 Vital steps to Increase Credit Scores.

• Ensure all accounts, insurances, DSTV, and cell phone accounts get paid every month.
• Pay off smaller accounts. Keep outstanding balances low on your active cards and revolving account facilities.
• Only apply and open new account facilities only if you need to. Having many maxed accounts can harm your score.
• Don’t close any active accounts and store cards with a healthy history and generous limits. If you chose to close these accounts it might impact your usage ratios. This will affect your score.
• Analyze your report at least twice a year. Dispute any inaccurate information with the particular bureau.

Final Thoughts.

Having a great credit score will make things in your life easier. A good score will help you get new account facilities at lower interest rates.

If you are struggling to increase your credit score or need help paying your debts, Contact Us. We will ensure your score does not drop even further. We will provide you with a complete step by step guide on how to improve your scores with each bureau. We will also help you to remove or update any adverse information.

Other Interesting Articles:

• 20 Essential Tips for Blacklisted Consumers to get out of Debt
• Debt Counselling: A Simple (But Complete) Guide for 2020
• National Credit Regulator

Debt Counselling: A Simple (But Complete) Guide for 2020

Ever heard of the term Debt Counselling or Debt Review? In this article, we will tell you everything you need to know about this life-changing process. Whether you are struggling to repay all your debts due to the high South African cost of living or you have defaulted on your current financial obligations, below we are going to tell you how you can deal with this situation. We will also tell you how debt counselling and debt review will relieve the pressure of over-indebtedness.

As we are living in a time of local and global financial crises, many of us have debts that are difficult to manage. Most South African consumers become over-indebted who are looking for financing to cover existing debts. When a consumer fails to repay their debt obligations within time, or the total debt repayments monthly become more than his net income, this situation in South Africa is also known as being over-indebted

Many people are still unfamiliar with the term debt counselling or debt review and how it works. So let us first explain and discuss what debt counselling is.

What Is Debt Counselling?

Debt counselling, also known as debt review, is a regulated process of assisting consumers who are struggling with their debt. Debt counselling uses different measures like budget advice, restructuring of instalments, negotiations of reduced interest rates and settlement negotiations. In South Africa, Debt counselling was first introduced by the National Credit Act in 2007.

We as your debt counsellor will assess your financial situation and declare you overindebted if you are unable to pay your debts. You will enjoy protection from all types of legal actions for 60 days during this process. This 60-day protection is from the date of application. All your accounts which you have with credit providers will then get restructured by us your debt counsellor. You will then only have a single manageable instalment to pay. The debt counselling or Debt review is final once a court order gets granted. Your creditors will now not be able to take any further legal action against you and your assets are now protected. This protection will only apply as long as you pay according to the new arrangement.

Why Debt Counselling Is Better Than Debt Consolidation?

Debt counselling is better than debt consolidation because there are no high-interest rates added on your debt. You’re repaying your old debt instead with lower interest rates instead of taking new debt with a debt consolidation loan. Debt Consolidation loans with high-interest rates may drag you deeper in debt.

Debt Review Process:

When you are unable to pay your debt each month and you have decided to make use of the debt counselling and debt review process it is important to use only the services of a registered debt counsellor. Your registered debt counsellor, for example, Credit Salvage will follow the following steps through which this process works.

Detail Collection:

First of all, your debt counsellor will request you to provide us with all the details of your debt commitments and monthly expenses. This will include a copy of your id document, payslip copies for a couple of months, and recent bank and credit provider statements. This information, together with research done with the credit bureaus, will show us your current financial position. These reports will also show us a snapshot of your outstanding debt.

Initial Review:

The second step the debt counsellor will perform an initial analysis to check if you’re over-indebted and if you would qualify for debt counselling. We do not place you under debt counselling if you are not over-indebted. At this stage, the debt counsellor needs to have all the necessary information ready and available to discuss the process with you. This discussion gets done either face to face or over the phone.

Devise A New Budget:

During the initial meeting, you will discuss your finances with the debt counsellor. The debt counsellor will look over your budget and assess it with your current debt commitments. After that, we will devise a new budget designed according to the new repayment plan. Your new budget will cater for realistic living expenses and cater to your new restructured instalment. Your application will only get accepted, once you have agreed to that plan. Here, the debt counsellor will also provide information about the costs that will form part of the process. At this stage, it is vital to get familiar with the process and discuss any concerns you might have directly with your debt counsellor.

Negotiation With Creditors:

The debt counsellor will contact all your credit providers on your behalf and negotiate with them to restructure your debts. These negotiations will include getting detailed balances, interest rates and monthly instalments. A restructured instalment will then get proposed to all your credit providers. This detailed proposal is to make the repayment on these debts more affordable and manageable for you. The Debt Counsellor will contact the Credit Bureaus and report to them that you are currently taking part in a debt counselling program. The debt review listing will remain on your credit profile until you have paid off all short term debt. Credit providers will only partake in the debt review process to assist over-indebted consumers only if the debt review application is done by a registered debt counsellor.

Approval Of Repayment Plan:

If all your credit providers agree to the debt counsellors proposed repayment plan, then your counsellor will get an order called a debt review Consent Order from the Magistrate’s Court. A debt review consent order may also get obtained from the National Consumer Tribunal. In case of any of your credit providers who rejected the restructured proposal the debt counsellor will refer the matter to the magistrate’s court to make recommendations on the debt review order.

Execution Of The Restructuring Plan:

Then, the debt counsellor will provide you with the repayment plan that will get submitted to the Payment Distribution Agency (PDA). The monthly payments have to be made to the PDA, which is then paid to your credit providers on your behalf. Important, Debt counsellors are not allowed to accept any payments from their clients. You have to make the payments in this arrangement until you paid off the debt.

When you have repaid all your debts, the debt counsellor will issue a clearance certificate. The debt counsellor will notify the credit bureaus that you have settled all your debt and that you are no longer under debt counselling.

Why Debt Counselling Is Important?

Legal Protection:

Under debt counselling, you will enjoy protection under certain sections of the National Credit Act. Your creditors will not be able to take any legal action and cannot threaten you anymore. You don’t have to communicate with your creditors as all your legal matters with your creditor providers will get dealt with by the counsellor.

A convenient single reduce the monthly payment

In debt counselling, you will only need to pay a single instalment, every month, to the Payment Distribution Agent (PDA). The PDA then pays the creditor providers on your behalf. You will get peace of mind that your money will get used in a responsible manner to pay your creditors. 

Expert Financial Guidance:

When you’re in debt counselling, you’re being advised by the professionals on how to deal with your debt crisis and your current financial situation. This expert guidance helps you to get out of debt more efficiently.

Protection From Extra Interest On Debt:

When you’re not in debt counselling, your credit providers may charge interest on the amount that’s in arrears. But under debt counselling, NCA will provide you with the Protection not only against the interest but also on all the other costs that creditors might add to the debt.  

Clearance Certificate:

Once you have repaid all your restructured short term debt, a clearance certificated will get provided to you by the Debt Counsellor. After that, you're allowed to apply for credit again and you will officially complete the debt review process.  

Secured Living Expenses:

As the debt review process is carried out by the trained professionals, they will keep your living expenses in mind while making the repayment plan. For this purpose, funds will be set aside from your income that can cover your living expenses.

What Documents is Required For Debt Counselling?

Following are the documents that will be required by the Debt Counsellor before the debt review process can start:

• Application Form (form 16)
• ID Document/s
• Marriage Certificate (If you’re married)
• Personal Information (a reason why you experiencing financial distress)
• 3 Months Payslips. 12 weekly payslips if paid weekly
• Full 3-Month Bank Statement
• Full 6-Month Bank Statement (If Self Employed)
• Financial Documents (If you’re self-employed)

Debt Counselling In South Africa:

In South Africa, debt counselling alternatively known as debt review is governed by the National Credit ACT and regulated by the National Credit Regulator (NCR). There are many companies like Credit Salvage operating as registered debt counsellor under the National Credit Act so it is important to use only the company you feel comfortable with, has a track record and is registered to offer debt review services.

Why Credit Salvage?

At Credit Salvage, we’re providing debt counselling services and have assisted over 600 clients since 2015. Apart from debt counselling, we’re also providing credit clearance advice and services to our customers. By using our debt counselling services, you’ll get the following benefits:

• Lowest possible interest rates.
• Professional advice and assistance throughout the debt review process.
• Guaranteed fast service.
• Monthly detailed statements.
• Range of additional services.
• Provide a complete and thorough understanding of the debt review process.

We are a registered debt counselling company that helps over-indebted consumers take control of their financial lives through Debt Counselling, Debt review and Credit Clearance Services, and we also provide financial education. Since 2006, we have been assisting consumers to improve their financial lives. We go out of our way to make sure we have solutions that work to help consumers in need of financial help. Call today and have a friendly chat with a registered debt counsellor and receive free budget and financial advice related to your debts. 

Final Thoughts:

The Debt counselling and debt review process can make things in your life easier. It helps over-indebted consumers repaying their debt more affordable and convenient for them.

If you’re failing in paying your debts or need help to cover it, Contact Us. We will provide you with a complete step by step guide on the debt review process and we will help you to get out of your stressful financial situation. Or if you have any queries, request a call back message in the boxes located throughout our website. We will get back to you as soon as possible.

Other insightful articles:

• How to recover from compulsive spending
• Car Repossessions – The process and what to do if faced with repossession.
• Debt Counselling Fees - 2019
• National Credit Regulator - Registery of registered debt counsellors and registered credit providers.