We, at iNDC Financial Wellness Centre, are committed to the provision of debt management solutions, whether such are:
Some of the frequently asked questions about debt management or review are briefly answered below, to help you make an informed decision regarding your financial situation. Read More
iNDC Financial Wellness Centre was established in 2008 and has successfully helped over 5 000 consumers nationwide, to repay their debts through consolidated monthly repayments. This process protects the consumer against further legal action from creditors and the loss of assets. Read More
You can cut your monthly credit repayments with as much as 60% through debt review. The National Credit Act, which was promulgated in 2007, gave rise to the profession of debt counselling and a much needed way for consumers to get out of debt, without risking their assets. Read More
Are you struggling to make ends meet and simply cannot keep up with the repayment of your debts? Do you fear losing your house or vehicle because you are behind with payments? Are you tired of having to negotiate with credit providers to avoid the loss of assets? You are not the only one. Many South Africans are in the same position, but there is a viable solution. Read More
Some of the frequently asked questions about debt review and counselling are briefly answered below, to help you make an informed decision about responsible debt management options. Read More
The Debt Counsellors Association of South Africa is a professional body to which debt counsellors belong. The counsellor members must adhere to the guidelines for the Code of Conduct, which ensures the integrity of the profession. The National Credit Act provides the legal guidelines to which counsellors must adhere and the process of debt review be followed. Read More
Debt counselling is a process which is regulated by the National Credit Act of South Africa and entails assistance to over-indebted consumers. The counselling could take the form of budget restructuring assistance, to help the consumer pay their debts and still afford the basic living expenses. It could also entail the restructuring of debt payments, after negotiation with the credit providers on behalf of the consumer, and the monitoring of payments, as well as after-care assistance. Read More
Some of the frequently asked questions about debt counsellors and the debt review process are briefly answered below.
Debt review is a management system to protect your assets, while you pay your creditors. Once you have applied for debt review and the Court has ordered for such, your assets cannot be seized as long as you pay the monthly reduced amount.
