What to do you if you cannot pay your bills advertorial

2015-04-30 13:49
Photo: supplied
Don’t drown in debt.

Photo: supplied Don’t drown in debt.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

ARE you one of the 9.9 million South Africans who are unable to pay their financial obligations at the end of each month?

Instead of burying your head in the sand or digging a deeper hole for yourself by borrowing more you can take your first step to financial freedom by entering the debt review process.

This is done by contacting a registered debt counsellor and completing the relevant application form which provides you immediate protection from your creditors.

Remember it is extremely important to only use an NCR registered debt counsellor as they are regulated by the government and authorised to re-negotiate your payment terms with your creditors.

Typically this can save you thousands or Rands a month by reducing interest rates or extending the term of your loan to relieve the pressure off while you sort your finances out.

A major benefit of debt review is that once you have either repaid your loans or can make normal payments again you are removed from the debt review process and there is no black listing against your credit record.

If you are struggling to meet your monthly payments and would like a free assessment of your situation, contact one of the professional consultants at National Debt Counsellors on 087 727 9728 or visit its website www.national debtcounsellors.co.za

- Supplied

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.