Debt Review Johannesburg – What is Debt Review
What is debt review
Established in 2007, the national credit act controls all credit agreements and was instituted in order to protect consumers from unscrupulous lenders who provide credit to over-indebted customers knowing full well that they would have difficulty meeting their monthly financial obligations.
The act is enforced by the National Credit Regulator which monitors and enforces the NCA mandate. All debt counsellors are required to be registered with and undergo training with the NCR.
Debt 911 is a registered debt counselling service able to assist over indebted consumers to reduce their monthly financial commitments.
It is important to note that the national credit agency who receives bulk payments from indebted consumers and is then responsible for distributing payments to various creditors, will not acknowledge a revised payment schedule from unregistered person. It is thus absolutely imperative that consumers therefore partner with a registered debt counsellor such as Deb t-911 to assist them through what can sometimes be a perilous journey of renegotiating their debt obligations. Debt-911 will act on the client’s behalf and negotiates directly with a clients lenders, minimising the stress for clients.
Let Debt-911 Be Your Guide
Although Debt-911 counsellors will hold your hand, we advise all prospective clients to familiarise themselves with the National Credit Act so as to ensure they know their rights and know exactly how they will be affected when embarking on the Debt review process.
If you feel you may be over-indebted, and wish to receive a free, no obligation consultation, please feel free to complete and submit the form alongside after which a trained Debt-911 debt counsellor will contact you to assess your financial situation.
Discretion is of the utmost importance for Debt-911.
Debt Review – Let Debt-911 help you explore your options
If you are contemplating how you are going to meet your monthly repayments, simply call us, SMS Help to 40935 or fill out the form alongside and a trained debt counsellor will call you to assess your personal situation and give you a free consultation.