If you are over-indebted and struggling to manage your finances, then debt review can protect your assets. The benefit of debt review is that while you’re receiving debt counselling and in the process of paying off your debts, legal action cannot be taken against you.
The National Credit Act (NCA) introduced the formal debt rehabilitation program, also known as debt review, to help prevent consumers from being placed into personal administration with long term effects.
Debt Solvers follow strict and ethical guidelines when assisting clients to gain their financial freedom.
How it works?
- We will ask you to complete our free debt assessment form so that we can assess your monthly income and expenses and understand that your current debt status is.
- Once we have received your free debt assessment, your debt review consultant will contact you to discuss the consolidated, reduced monthly debt repayment amount that is affordable for you.
- We will then explain the easy steps that need to be completed in order for us to protect your assets. Your consultant will also answer any of your questions and cover the entire debt process with you.
At Debt Solvers you can be assured that the debt review process is administered by a professional and efficient debt counsellor registered by the National Credit Regulator (NCR).
If you are blacklisted or have a bad credit record, you can still apply for debt review.