The National Debt Review Center has published an article titled “Top 50 Frequently Asked Questions about a Debt Counsellor – Answered”. This article provides answers to the most common questions about debt counsellors. It is designed to help individuals who Read more…
In South Africa, the following individuals qualify for debt counselling. Debt counselling services are offered by debt counsellors registered with the National Credit Regulator (NCR). Prior to registration, debt counsellors have to successfully complete a debt counselling training course, satisfy prescribed Read more…
The cost of a Debt Counsellor can vary depending on the specific situation, your new reduced installment and the total debt owed. However, the National Credit Regulator (NCR) in South Africa has established guidelines outlining the fees that debt counsellors can Read more…
A Debt Consultant in South Africa, also known as a Debt Counsellor, helps people who are struggling with heavy debt get back on their feet financially. They are basically financial advisors specializing in debt management. Here are some of the Read more…
A Debt Counsellor, also known as a credit counsellor, is a professional who plays a crucial role in assisting individuals in managing their debts and improving their financial situation. They provide a range of services that are designed to help Read more…
Does it affect their credit report? When a debt review is removed, the implications for an individual who co-signed on a debt, such as a spouse or family member, can vary depending on the specifics of the debt agreement. If Read more…
If an individual is seeking to exit a debt review program but doesn’t meet the full criteria for debt review removal, there are alternative solutions available. However, these alternatives come with their own set of challenges and consequences, so it’s Read more…
After the removal of a debt review and with consistent responsible financial management, the time it takes to see a significant improvement in one’s credit score can vary. This is due to several factors that influence the improvement of a Read more…
A history of debt review or the removal process should not directly restrict your ability to travel internationally. Debt review is a legal process aimed at helping individuals manage their debts more effectively. It does affect your credit record and your Read more…
When an individual is undergoing the process of debt review removal, a common question that arises is whether creditors can take legal action to recover outstanding debts. The answer to this is not straightforward and depends on several factors. Creditors Read more…
