Debt Counselling

/Debt Counselling

Debt Counselling

Facts About Debt Review

Facts About Debt Review As an over-indebted consumer in South Africa, you’re most likely stressed out and looking for a solution to repay your debt without getting involved in any legal troubles. The biggest problem with consumers being over-indebted is that they don't know what to do once they are unable to make payments to [...]

By |2019-06-30T18:58:11+00:00June 30th, 2019|Debt Counselling|0 Comments

Problems with Debt Counselling

Problems with Debt Counselling Thanks to the National Credit Act (NCA), debt counseling was introduced to South African residents in 2007, allowing for hundreds of thousands of consumers to apply for the now preferred debt solution. Within six years of the Act's commencement, consumers have successfully paid R10 billion. Debt counseling was designed to give [...]

By |2019-06-25T03:52:41+00:00June 25th, 2019|Debt Counselling|0 Comments

Does Debt Counselling Hurt Your Credit Score?

Does Debt Counselling Hurt Your Credit Score? Debt review has been described as the solution that doesn't have a negative effect on your overall credit record. However, what many consumers don't know or that isn't highlight in debt-related information, is that debt counseling can indeed have a negative effect on your credit score. After debt [...]

By |2019-06-23T20:52:16+00:00June 23rd, 2019|Credit Score, Debt Counselling|0 Comments

4 Things You Need to Know About Debt Counselling

4 Things You Need to Know About Debt Counselling Did you know that South Africa is one of the countries that have the most indebted consumers in the entire world? If you have too much debt, which you cannot afford to repay on time and your total repayments add up to more than your current [...]

By |2018-10-29T19:50:08+00:00October 29th, 2018|Debt Counselling|0 Comments

5 Disadvantages of Receiving Debt Counselling

5 Disadvantages of Receiving Debt Counselling If you’re considering getting debt counselling, there is an entire process you need to be aware of. Debt counselling has both pros and cons to it, so you must consider both equally and think about how the disadvantages thereof can affect you in both the short-term, as well as [...]

By |2018-08-22T02:45:23+00:00August 21st, 2018|Debt Counselling|0 Comments

What You Should Know About Getting a Clearance Certificate with Debt Counselling

What You Should Know About Getting a Clearance Certificate with Debt Counselling Can you imagine getting debt consolidation and finally seeing an open window at the end of your journey? It can be overwhelming, exciting and promises for a lot of relief. Debt is no joke, especially if you're in trouble because of it and [...]

By |2018-08-20T19:02:47+00:00August 20th, 2018|Clearance Certificate, Debt Counselling|1 Comment

The Advantages and Disadvantages of Debt Counselling

The Advantages and Disadvantages of Debt Counselling Considering debt counselling? Well, when you think about the entire concept of debt in general, you probably heard the word debt first and shut down. Thing is, no one wants to talk about it, but talking about it could very well be the best thing you can do [...]

By |2018-07-02T19:43:34+00:00July 2nd, 2018|Debt Counselling|0 Comments

Debt Management – When to Seek a Debt Counselor?

Debt Management – When to Seek a Debt Counselor? Growing up, one thing we’ve all come to realize is that life is expensive. Sometimes it may feel that as our age goes up number by number, so do our bills and various monthly payments. As the prices for basic necessities continue to hike up, you [...]

By |2018-06-25T19:35:25+00:00May 7th, 2018|Credit, Debt Counselling, Debt Management|0 Comments

Blacklisting and Debt Counselling

Blacklisting and Debt Counselling Blacklisted, now is that not just a word we all hate to hear! Blacklisted is the common term people use to describe individuals or companies who have a bad credit profile / record. And while everyone understands the term, there isn’t really a BLACK LIST with everyones name on there . [...]

By |2018-04-16T18:58:53+00:00April 12th, 2018|Debt, Debt Counselling|1 Comment

Debt Counselling And Credit Score: What Is The Link?

Debt Counselling And Credit Score: What Is The Link? Debt counselling is a formal process designed to help heavily indebted or over-indebted individuals break free from the chains of personal debt. Living with excessive loans can wreak havoc on an individual’s finances. In order to reduce the burden of debt, people seek debt counselling. After [...]

By |2018-04-17T03:45:38+00:00March 24th, 2018|Credit, Debt Counselling|0 Comments