Why join Debt Relief Specialist
Debt relief that works
The answer to your debt problems
Debt relief that works – The answer to your debt problems
What is debt Counselling?
Debt counselling is a process that was introduced in the National Credit Act to assist over-indebted consumers. Debt counselling is process where we as debt counsellors are able to reduce your monthly debt repayment to one affordable about.
Will I lose my assets when I apply for debt counselling?
No you do not lose your assets. With debt counselling you will be legally protected against your credit providers and you do not get blacklisted.
How will I know if I am over-indebted and need help?
There are many signs that lead to over-indebtedness e.g.
– Are you living from pay cheque to pay cheque
– Constantly taking pay day loans
– You constantly have to borrow and can’t keep up with your monthly repayments.
– You find yourself buying essential food items on credit
All these are signs that you should seek help. Do not wait to contact us.
Can I apply for credit or use my credit card whilst under debt counselling?
No, you cannot apply for credit as the debt counselling process is to get you out of debt and not incur further debt. Once you have completed the debt review process Debt Relief Specialist will provide you with a clearance certificate and then you will be able to apply for credit again.
Can I apply for debt counselling if I am unemployed?
No, only consumers that earn a monthly income can apply .This will put you in a position to make a reasonable offer to your credit providers.
How long will it take before I experience relief?
The debt counselling process starts as soon as the form 16 application is signed. We will work out an affordable restructured amount. This restructured repayment amount is distributed via the National Payment distribution Agency. We do not handle any funds.
How will I pay for the debt counselling services?
Our fees are regulated by the National credit Regulator. We do not charge any upfront fees. So you do not have to take a loan for us to assist you. Our fees are deducted from your monthly restructured repayment.