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47 Frequently asked questions about debt review – Answered.

47 Frequently asked questions about debt review – Answered.

47 Frequently asked questions about debt review – Answered. By The National Debt Review Center In this section, The National Debt Review Center provides answers to questions that we frequently receive from potential and existing clients with regards to going under debt counselling/ debt review, as well as any other debt-related topics. For further information, please contact us at info@ndrc.org.za or phone 0410125036 How does debt consolidation compare to debt counselling? They are two very different ways Read more

By The National Debt Review Center, ago

13 Habits of Financially Savvy People.

Being financially savvy will mean different things to different people. But a common trait that the money-smart share is an affinity for long term financial planning and goals. Those who are great at it don’t have to make huge sacrifices, but still manage to enjoy a high standard of living while traveling and pursuing a range of hobbies. To be financially savvy, you should have a plan for the future and manage your cash flow Read more

By The National Debt Review Center, ago
13 Habits of Financially Savvy People
How to Budget and Pay Debts When You are Behind on Bills?

How to Budget and Pay Debts When You are Behind on Bills?

You probably already know that if you have debt, you need to budget, save money and pay debts as soon as you can. However, if you are having trouble making ends meet then it will be difficult to pay, much more save and do budgets. But it doesn’t mean you have to give up and continue living your life as it is, right? Because who doesn’t want to be debt-free (and stress-free)? For this post, Read more

By The National Debt Review Center, ago

Beware of the Black Friday Debt Trap.

Beware of the Black Friday Debt Trap. “Black Friday is the biggest shopping phenomenon – and it’s just around the corner! Before you think about taking part in the spending mania, take a look at our tips below and be aware of the Black Friday debt trap.” In 2019, Black Friday falls on 29 November. If you are paid monthly on the 25th, Black Friday falls between your paycheck and your December debit orders. It Read more

By The National Debt Review Center, ago
Beware of the Black Friday Debt Trap
Stressed about Money? Here are 8 Tips to help you cope with Debt Depression.

Stressed about Money? Here are 8 Tips to help you cope with Debt Depression.

Stressed about Money? Here are 8 Tips to help you cope with Debt Depression. Financial stress over debts is very dangerous and can cause anxiety, depression, raise blood pressure, or lead to insomnia or substance abuse. In this stage of the debt acceptance cycle consumers are confronted with the reality of their financial situation and the choices that have led them to this predicament. It is indicative of hopelessness and desperation. Experts say that depression Read more

By The National Debt Review Center, ago

Is Debt Review a good thing?

Before we answer your question we want you to note that there are five fees you will come across in your Debt Review: Debt Counsellors fee. Legal fee. Payment Distribution Agency fee. Aftercare fee. Reckless credit check fee. Is Debt Review a good thing?During your complimentary debt assessment, we will be able to determine what your specific fee structure will look like. This assessment is a great way to see what your fees will be, Read more

By The National Debt Review Center, ago
Is Debt Review a good thing?
5 Steps on How to Apply for Debt Review

5 Steps on How to Apply for Debt Review

Here we explain 5 steps on how to apply for Debt Review/Debt Counselling as well as 10 steps of the Debt Counselling Process Debt Review Application Methods & Debt Review Process Explained. In this section, we are going to explain the debt review or debt counselling application process as well as the methods you can use to save time, money and effort when applying for debt counselling. The easiest way to apply for debt review Read more

By The National Debt Review Center, ago

What are the benefits of Debt Review?

In our day’s many consumers often turn to debt review as a solution to their financial problems. The National Debt Review Center, warns that applying for debt counselling should be carefully considered as there are both advantages and disadvantages to the process. Debt counselling was introduced in 2007, with the National Credit Act 34 of 2005 and the service was designed for consumers that are over-indebted. One of the major advantages is that debt counsellors Read more

By The National Debt Review Center, ago
What are the benefits of debt review?
How to remove your name from debt review?

How to remove your name from debt review?

We are pretty much sure that the reason why you are here is that you are wondering how you can clear your name from debt review/debt counselling. Read below as we explain the steps that you can take in order for you to get your name cleared from debt review.  How to remove your name from debt review? Step 1 – When can a consumer (YOU) exit the debt review process? Section 71(2)(b)(i) of the Read more

By The National Debt Review Center, ago