This video briefly explains the steps that are taken to apply for debt counselling or debt review. A consumer has to follow these easy 6 steps to be placed under debt counselling. The debt counsellor will ensure that you are able to pay your debts as soon as possible with as little interest that can be negotiated.

Debt Counselling Process Part 1

Visit us online by going to https://www.debtreview-sa.co.za

Debt Review is a process in terms of the National Credit Act for over indebted consumers. The purpose of the act is to protect the over indebted consumer against Credit providers. The first step in the process is to get the help from a debt counsellor and we do recommend that you do work with a company that has a NCR number and thus is registered with the NCR.

South africadebt review, Debt review success stories, Debt review pros and cons, Debt review explained, Debt review south africa.

Visit us online by going to https://www.debtreview-sa.co.za

Debt Review is a process in terms of the National Credit Act for over indebted consumers. The purpose of the act is to protect the over indebted consumer against Credit providers. The first step in the process is to get the help from a debt counsellor and we do recommend that you do work with a company that has a NCR number and thus is registered with the NCR.

South africadebt review, Debt review, Debt review success stories, Debt review pros and cons, Debt review explained, Debt review south africa.

http://www.loan-lenders.co.za/debt-review-loans/
Debt Review Loans – Can you get a loan while under debt review in South Africa? For anyone undergoing the debt review process or under administration will know that it is almost impossible to get a personal loan from any of the recognized financial lending institutions.
The reason for this is that the process is governed by the Credit Act in South Africa which does not allow for additional credit to anyone undergoing debt review.
This does not mean that you cannot get credit anywhere as there will be lenders who will be more than happy to provide you with financial help although it will come at a cost in the way of higher interest rates as well as tough repayment terms.
Not all of these lending institutions are the same so it is worthwhile doing some research & going with one that offers the lowest interest rate & the most favorable repayment terms before signing your loan application for.

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For a meeting contact appointments@bankinglawadvisor.co.za .

John gives his quick review of The Debt

You cannot open a new debt whilst under debt review because,

Jean Varden
The Debt Counselling Centre
032 586 3597
Jean@thedcc.co.za

You cannot open a new debt whilst under debt review because the reason you are under debt review its because you are over-indebted and if you open new debt you will not be able to afford to make those payments then you will be stressed and won’t be able to come out of debts. But after your debt have been paid up you will be able to open a new account and we will issue a clearance certificate.

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