Are you being declined for further credit?
Are your monthly repayments more than your salary?
Are you close to losing your home, car or possessions?
We can help protect your assets and reduce your monthly loan repayments.
TO QUALIFY FOR ASSISTANCE
✔ You must be a South African citizen.
✔ You must be between 20 to 55 years old.
✔ You must be full-time employed or self-employed.
✔ You must have more than R50,000 in debt.
✔ You must earn more than R8,000 per month.
* Other criteria may apply for our services.
Speak to us about your situation. We will do a FREE assessment of your debt.
We will stop your creditors from harassing you or repossessing your assets.
We will negotiate to reduce your monthly repayments by as much as 50%.
How does it work?
Why do I need professional debt advice?
Overwhelming debt is a problem for many South Africans. It can affect your ability to pay daily living expenses, lead to repossession of your car, home or other assets and cause stress in your life. Professional assistance can change your situation. Debt review will stop your creditors from harassing you, prevent repossession of your assets and even reduce your monthly repayments.
What is this professional debt process?
Debt review is a legal process whereby you commit to settle your debt over time while being protected from creditors harassing you or repossessing your assets. It is not a consolidation loan. It does not wipe out your debt. The goal of debt review to protect you and your assets, and ultimately get you out of debt.
How long does the process take?
Within 5 days, your creditors will be notified that you are under debt review and they must now only deal with your debt review agent. They are assured that they will be paid over an agreed upon time period. As long as you adhere to the new debt repayment plan, your creditors will not be allowed to attach your assets.
How many repayments are there?
There will only be one monthly repayment during the agreed upon period. The debt review agent will pay all of your creditors. It can last anywhere from 36 to 60 months but can be shorter if your can pay more towards your debt every month.