Struggling to make a dent in your debt? In this video, Sebastian Alexanderson, CEO of National Debt Advisors, breaks down what debt review actually involves — the upsides, the trade-offs, and how to know whether it’s the right move for you.
Using a real-world example (meet “Debbie” — three credit cards, a store card, a loan and an overdraft), Sebastian walks through why minimum payments can trap you for over a decade, and how a registered debt counsellor can negotiate reduced interest rates and restructured repayments with your creditors on your behalf.
What you’ll learn:
– When your balances “not moving” is the signal to act
– How debt review can negotiate lower interest and creditor protection
– The main trade-off: no new credit while you’re on the programme
– Who debt review is and isn’t for
If your balances aren’t shifting, you’re living month to month, and taking on more credit isn’t an option, debt review with a qualified debt counsellor may be worth exploring.
Learn more: www.nda.co.za
National Debt Advisors is a registered debt counsellor with the National Credit Regulator NCRDC2351. Debt review outcomes, including interest rate reductions and repayment timeframes, depend on individual circumstances and creditor agreement. This video is general information, not financial advice.
#DebtReview #DebtCounselling #NationalDebtAdvisors #DebtFreeSA #FinancialWellness
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