Debt Consolidation Services For Repayment of Creditors
We offer debt consolidation services allowing
over-indebted individuals to restructure their debt repayment and
to get rid of debt through responsible management of credit. Unlike debt
consolidation services offering loans, debt review companies
and counsellors provide assistance with repayment amount negotiation.
Individuals often attempt to negotiate better payment rates with
their creditors once they realise that they cannot make payments
on time or the particular amounts. Unfortunately the system makes
it rather difficult for the consumer who has no legal protection
against creditors to negotiate. With the creditor concerned about
the possibility of bad debt, it is understandable that the creditor
will rather want to put pressure on the debtor to pay the amount
as soon as possible. As such the creditor is not really willing
to negotiate. In the business world the creditor will rather have
a debtor pay their particular debt than that of another creditor.
With enough pressure on the individual this can be accomplished.
Through the debt consolidation services we offer,
you as the debtor will be in a bargaining position because you
will have the law on your side. The National Credit Act of 2005
provides protection for over indebted individuals against creditor
harassment and provides them the opportunity to negotiate better
interest rates and often also a reduced amount. This can be done
through an accredited debt review company that will handle the
whole process on behalf of the individual. The individual doesn’t
even have to come into our offices or make an appearance at a tribunal
or court. We can handle everything electronically or through telephonic
and fax communication.
Once a person has applied for debt review and the notification
has gone out to the various creditors, the individual doesn’t
have to talk to the creditors as the debt counsellor will. The
individual must pay the monthly agreed upon restructured amount,
must have a monthly income, and must be over-indebted. If you meet
the requirements and will be able to make a monthly payment as
negotiated you most probably qualify. Contact
us today to make use of our debt consolidation services.
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