Debt Management at Mamela Consulting
Mamela Consulting is a debt management company our aim is to assist our clients become debt free, stop all legal action and provide peace of mind. With over 12 000 satisfied clients, Mamela Consulting has your best interest at heart. Debt management is our game, it is what we are good at we will help you be on your way towards financial freedom.
Currently there is over 10 million South Africans struggling to pay their debts you are not alone, we can afford you the opportunity to live again.
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.
- Credit cards
- Clothing accounts
- Car finance
- Car HP (set at 70% of installment-Must ask for copy of insurance) etc.