A significant number of individuals continue to struggle with
their financial problems day in and day out without ever realising
that they can escape the shackles of debt by making us of professional
debt counselling. What is debt counselling? This
is a smart choice that provides you with effective solutions on
how to turn your financial situation around. By consulting professional
advisors who have extended experience in providing solutions for
people in debt, you have access to a wealth of information that
could help you to regain control of your financial situation and
become debt free – no matter how bad your finances might
look to you now!
To get a complete understanding of what is debt counselling and
what it can do for you, it is highly advisable to talk to a professional
service provider in this field, such as ClearDebt Financial Services. Debt
counselling is a Government regulated service and is the
solution for over-indebted consumers. Should you be unable to meet
your monthly financial commitments under credit agreements on a
monthly basis, you may formally apply to ClearDebt Financial Services
for debt review. This process is fully backed by the National Credit
Regulator and is in line with the National Credit Act. The debt
review process is binding on your creditors and they cannot institute
legal action against you during this period.
It is important to note that debt counselling is not Administration,
Sequestration or Debt Consolidation. Debt counselling allows you
to keep all your assets and pay back all your debts in as short
a time as possible. There are also no restrictions on who can use
debt counselling – anyone from any income group and who owes
any amount of debt can apply for debt counselling.
ClearDebt Financial Services offers a registered debt counselling
service. By managing the process and following the correct legal
steps we can update, mend and develop your credit score at all
the Credit Bureaus in South Africa. We are passionate about reducing
the cost of credit and helping people become debt free. Contact
us to find out more about what is debt counselling.
|
