is basically a solution for consumers being financially drawn down due to their current debt situation. In this day and age there are quite allot of people currently in debt and this has caused numerous debt companies to popup and offer this service.
These debt review
companies review their client's current financial situation and then offer solutions for them to get a debt repayment plan on the table.
A very important and crucial factor of being under debt review is that creditors can't bother you about outstanding debt and you are protected by law under the National Credit Act.
Under debt review, the company will draw up a new and suitable monthly payment plan for you, to make sure that you can handle your monthly expenses as well as a plan for paying your outstanding debts.
Debt review has become the top solution for people who are in debt, since it offers them a lifeline to get back on their feet and start the recovery process. With more and more people starting to fall behind, debt review will continue to grow over the coming years, since the need will start to increase in South Africa.
With constant price hikes in the fuel price, food prices and electricity, people will start to feel the pinch and need assistance with the debt burden.
There are various websites online that provide thorough information on the process and if you would like to know more about the benefits of debt review, be sure to contact a company that specialises in that field to assist you in that regard.
We specialise in debt review and will be able to assist you to apply for this option, but do contact us to find out more and what we can do to assist you in this regard.
Are you interested in Debt Review?
Simply complete the enquiry form below and one of our consultants will contact you.