Accredited debt counsellors to get you started with Debt Counselling

This is a plan which is assists with you with your debt management, this kind of situation is not easily accepted until you consider the debt review process.

A Free debt assessment between the consumer and debt counsellor is done, this is where a consumer gets a chance to speak openly about his/her current situation.

This may sometimes be traumatic to the consumer because of the harassment from the creditors, with letters and daily calls. Therefore, it is more important for a debt counsellor to be more calm and patient in order for the consumer to get all the attention she/he deserves.

This will involve the breaking down of all the debts and the creditors to be paid, which then assist the debt counsellor by giving a clear indication as to how much can be combined into one affordable instalment to be a repayment to the creditors.

Not even single debt should be left out during the time of assessment as this might come up during the payment process affecting or even contradicting with the court procedure and arrangement with the creditors.

Qualifying criteria for Debt review:

• Fully employed-provide payslip
• Self-employed and registered –provide Min 3 months bank statement and a legal document drafted stating what you pay yourself once your overheads are paid.
• Self-employed and not registered-provide 6 months bank statements
• Minimum total balance per creditor –R1000
• Minimum total balance for all your creditors –R20 000
• Minimum salary of R3 000.00 and/or above

Types of debts we can deal with provide none are garnishees, summons, judgements, salary deductions or been to court.

• Loans
• Credit cards
• Overdraft
• Clothing accounts
• Furniture
• Avon
• Bond
• Car finance
• Car HP (set at 70% of installment-Must ask for copy of insurance) etc.