Archive for the ‘More info Debt Counseling’ Category

DEBT … CAN’T YOU PAY YOUR MONTHLY INSTALMENTS?!

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Trapped by debt? Tired of the daily phonecalls from your bank? Sick of not having any money for the finer things in life?

We can help you to get out of the rat-race! … with debt counseling.

Let us take the weight off your shoulders!

Debt counseling is a professional service we offer for over-indebted people. It’s regulated by the National Credit Act and provides you with protection against the people you owe money – who want to take away your home, your car and anything else they can get to!

Our goal is to develop a repayment plan to pay off your debt, that is affordable to you, acceptable to all creditors – while it still allows you to meet your basic living expenses.

Financially Free with Debt Counseling!

How it Works:

• You supply us with the details of your income, debt and expenses
• We compile the documentation necessary for applying for debt review
• We do an evaluation to ascertain the level of your over-indebtness
• We negotiate with your creditors for a restructured payment plan
• Your new payment plan begins!

johan@indc.co.za

CLICK HERE – WE WILL PHONE YOU TO ARRANGE A DEBT CONSULTATION

DEBT COUNSELLING … 1st step to financial freedom!

It’s a fact, in today’s society, that many of us get trapped in credit agreements that we can no longer afford, either due to changes in circumstances, rising interest rates or a misunderstanding of the conditions and provisions of a credit agreement. Fortunately, under the National Credit Act (NCA), there are avenues available to consumers that find themselves unable to meet their monthly financial obligations. The new process of Debt Counselling can help you!

Where can I find out more information about the NCR and NCA?

Accredited NCRDC 686

http://www.ncr.org.za/Debt_Councellor.html

WHAT ARE THE BENEFITS OF DEBT COUNSELLING?

A Debt Counsellor will help alleviate your financial strain; they’re in a position to negotiate new debt restructure schemes, timescales and even interest rates with credit providers. New debt restructure repayment amounts will be based on what funds you have only after your necessary expenses have been paid – ensuring that your debt becomes affordable for you and your family.

Debt Counselling can provide you with the relevant skills and information necessary to avoid further accumulation of debts by focusing on credit card processes, money management and the use of cash over credit.

Most importantly it provides you with an opportunity to regain control over your debt and your life – to look to the future, safe in the knowledge that you’ve learnt from the past.

HOW WILL DEBT COUNSELLING AFFECT ME?

Once your Debt Counsellor has notified your creditors of your application for debt review, your creditors will not be able to take legal action against you or repossess any of your assets for a period of three months

You will be required to pay a reduced, affordable instalment, without necessarily extending the debt repayment period

You will be able to continue to pay for your basic living expenses

The fees you pay the Debt Counsellor are included in your repayment plan

While you have outstanding debt, you will be listed at credit bureaus as “under debt review”, however your creditors may not initiate new blacklistings against you

During the debt review process you will not be able to apply for any additional credit other than debt consolidation loans

You will develop a repayment plan with a defined end-date

After you have completed the repayment plan you will receive a debt clearance certificate

Once you have received your debt clearance certificate, your Debt Counsellor will be able to remove you from your debt review listing at credit bureaus. This will enable you to qualify for credit again.

WHAT IS THE GOAL WITH DEBT COUNSELLING

The goal of Debt Counselling is to develop a repayment plan that is affordable to you and acceptable to all of your creditors. This repayment plan will still allow you to meet your basic living expenses. The process with the creditors is managed by your appointed Debt Counsellor who represents your best interests.

WILL I QUALIFY FOR DEBT REVIEW?

We can assist you to quickly ‘calculate’ whether you will qualify for debt review.

CLICK HERE FOR DEBT COUNSELLING

EMPLOYEES / MEMBERS Debt Counselling and Restructuring

We will facilitate the process starting with interviewing the employee/member, to determine the level of over indebtedness. This assessment will determine whether to proceed with a formal or informal debt restructuring process.

Within both processes, instalment repayments will be reduced to ensure that your employee/member have sufficient disposable income to cover his/her basic living expenses without necessarily extending the original repayment term.

Aftercare services associated with Debt Counselling are inclusive.

Financial fitness training course

This one day course complements the debt restructuring process and equips all employees/members with a basic understanding in dealing with credit and creditors. The course is not limited to a specific income group and the discussion subjects are relevant to all attendees.

For more info, contact : johan@indc.co.za

SMS Your Number to 082 8072 678, and We Will Phone You!