Debt counselling is a mechanism to assist over-indebted consumers to pay for outstanding debt while enjoying the protection of the national credit act. by paying installments which is affordable to them and having sufficient funds to cover living expenses.
Debt review is a cost effective way of protection against harassment and summonses and protects a consumers’ assets such as their house and car from repossession. Credit providers are often quick to take legal action and are not willing understand or to listen to your situation, however will negotiate with a registered Debt Counselor. Debt review is a formal process and a court order is obtained to protect you from legal action that creditors might take against you. The debt counselor works out a budget based on your income and essential living expenses and negotiates with your credit providers for better repayment amounts which are formalized by the court order.
- Debt Counsellor in Mossel Bay
- Mossel Bay Debt Counselling