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This woman from Kempton Park found relief by turning to the experts when her debt became debilitating
“When life happens, it does so without asking questions. This is exactly the situation that I found myself in when curveballs started coming my way,” says Dawn*, a married woman in her fifties who decided to take things in her own hands to start making money. “I decided to venture out on my own and start my own business, after being retrenched and being unable to find employment again.”
This Kempton Park resident says initially it went well, with the normal growing pains that a new business does experience. “But changes to the economic environment, which were beyond my control, started placing pressure on the business, and sadly it just couldn’t continue.” She says before this, she’d always paid her debt on time every month. “But suddenly I wasn’t able to meet my monthly commitments.”
One can only imagine how she felt when, before long, she found herself in the position of having to decide which accounts would get paid and which ones had to wait. And all this while she had to continue putting food on the table and keep the roof over her family’s head.
“From there it started to snowball with non-stop phone calls demanding payment and threatening legal action and repossession. I was at my wits end and didn’t know which way to go. I was scared, frustrated and it felt as if there was no understanding for my desperate situation.”
Dawn started doing research to find a solution for her situation and found Debt Rescue. “They were patient and supportive and helped me find a sustainable way in which I could repay my debt every month, and that I was still able to afford my living expenses at the same time. The relief was immediate,” she says. “They handled at the communications with the creditors, and I could breathe and sleep again.”What’s more, she didn’t have to handle the stress on her own anymore. “It was a road they walked with me, and the greatest day was when I repaid my last account and was finally rid of the debt burden. I am not sure what I would have done if I hadn’t made the decision, but the reality is that there is no way I could have done this alone. Debt counselling is honestly the only way in which I could have found my way out of this debt spiral that I was in, as changes to my budget were made a long time before that.”
While it’s not something many people like to talk about, Dawn says she wants to say how this changed her life in a very desperate time. “I was so overwhelmed by things beyond my control. Contacting Debt Rescue not only gave me my sanity back, but also helped my show that I could repay my debt and become debt free again.”
Debt Rescue has helped more than 30 000 over-indebted South Africans pay off their debt – and they can help you too. And though you cannot borrow any more money while they help you, it offers the benefit that you do not get blacklisted during this time. Take the first step with Debt Rescue and get financial assistance with one single monthly payment.
The benefits include:
- immediate relief as they negotiate your debt with creditors on your behalf
- One single, affordable monthly instalment towards debt repayments is agreed upon.
- Your living expenses are considered.
- You get protection against legal action.
How it works
1. Go to their site at debtrescue.co.za and fill out a debt assessment. It’s free of charge and takes only a few minutes.
2. Debt Rescue will assess your situation and set up a repayment plan. They determine whether your monthly expenses and debt exceed your monthly income.
3. You are placed under debt review and immediately protected from your creditors. Debt Rescue informs all your credit providers and the credit bureau that you are under debt review on your behalf.
4. You start paying a single, reduced payment that is affordable to you.
5. Your repayment plan is finalised by a court order, applied for by Debt Rescue’s specialist attorneys.
6. Through the entire process, you are protected from legal action taken by your creditors and can enjoy a happier, stress-free you.
The assessment is personalised and completely free and obligation free.
To get help today, go to www.debtrescue.co.za.
