Are you considering approaching a debt counsellor in desperation?
If so, be sure to only engage the services of an National Credit Regulator (NCR) registered service provider. Debt-911 was registered in 2007 and is one of the most established debt counsellors in South Africa, having helped thousands of over-indebted consumers on their quest to debt freedom.
We are members of the Debt Counsellors Association and subscribe to their code of conduct.
Debt-911 only uses an accredited payment distribution agency.
We use accredited software to assist with the calculation of a consumer’s level of over-indebtedness. Incorrectly calculated debt repayments proposals are often rejected by a creditor forcing a court to enforce the original credit agreement.
It is a good idea to ask your counsellor whether they follow the NCR debt restructuring rules system as using this system could result in significant savings to the consumer.
Debt-911 follows the NCR guidelines on fees and charges its clients an application fee of R 50.00 and a rejection of fee of R 300.00. Our counsellors will conduct an extensive investigation of your over-indebtedness and if it is determined that a consumer does not qualify for debt review, a rejection fee will be levied.
Our debt restructuring fee will come out of your first instalment.
In addition a monthly service fee equivalent to 5% of your monthly payment will be levied t a maximum of R 400 for 24 months depending on the circumstances of your case you may also be liable for legal fees which will be declared upfront in writing.
If just one of your creditors rejects the revised payment plan, the matter will then be referred to the court and this will incur legal fees. Debt-911works closely with an attorney that is intimate with the legalities surrounding the debt review process..
Please bear in mind that a consumer withdrawing from the process is liable for the full debt counselling fee depending on where they are in the process.
Debt-911 has dozens of employees dedicated to ensuring your financial well being with access to the best legal minds ready to assist with any legal work that may be required to support your application.
Take your first step to financial freedom. Debt-911 offers a free initial debt restructuring consultation, so be sure to simply fill out the form alongside and apply online now to take your first step on your path to financial freedom.
In order to proceed with a free initial assessment, please fill out the form, SMS Help to 40935 or complete and submit the form alongside and a trained, registered Debt-911 counsellor will contact you to discuss your personal financial situation and give you a free consultation.