How debt review works advertorial

2015-05-27 06:00
National Debt Counsellors are registered with the NCR and provide you with free advice on your financial situation, all discussion are 100% confidential.s
 Photo: Supplied

National Debt Counsellors are registered with the NCR and provide you with free advice on your financial situation, all discussion are 100% confidential.s Photo: Supplied

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DEBT review is a simple process designed to assist individuals who do not have enough money each month to pay their creditors.

The simple test of whether you are eligible for debt review is if your income exceeds your expenses every month and you either do not pay all your creditors, or you borrow money to pay your bills.

If the above applies to you, you can contact an NCR registered debt counsellor who confirms whether you are over indebted and then can put you under debt review.

The debt review process works as follows:

• Complete the application form.

• The debt counsellor registers you on the NCR website to confirm you are under debt review.

• You receive immediate protection from your creditors who may not contact you or repossess your assets during this period.

• The debt counsellor calculates the amount you can afford to pay each month.

• They negotiate with your creditors on your behalf to reduce your monthly payment to an affordable amount.

• You pay the reduced monthly instalment from the first month;

• When you have repaid your creditors or you are in a position to pay the full instalment again your debt counsellor issues you with a clearance certificate, removes you from debt review and your credit record is cleared.

National Debt Counsellors is registered with the NCR and provides you with free advice on your financial situation. All discussions are 100% confidential.

If you are struggling contact one of their professional consultants today on 087 727 9728 or visit its website at www.nationaldebt

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