Many consumers have been trapped under debt review after being made to participate in the process without their knowledge. These consumers were made to believe that they were taking part in a debt consolidation process by some unscrupulous debt counsellors. Ensuring that the debt counsellor is registered and follows the process governed by the National Credit Regulator will help protect consumers against unscrupulous debt counsellors.

For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.

DebtBusters, one of South Africa’s most prestigious debt management companies, helps’ consumers to solve debt problems by offering debt consolidation and other quality debt management services. Through DebtBusters sister company BondBusters, debt consolidation is a debt solution provided to meet your individual needs. The process involves taking all your debts and consolidating them into one large debt amount. Debt consolidation reduces the hassle of having to pay off various debt accounts of a monthly basis, and provides the convenience of only having to make one monthly debt repayment.

Most commonly, debt consolidation involves taking an additional homeloan in order to secure a lower interest rate. At DebtBusters, we have the client’s best interest at heart, and also offer unsecured debt consolidation as another option. DebtBusters financial consultants will make sure you are able to choose from a variety of credit providers, in order for you to get the best possible debt consolidation solution to meet your needs.

DebtBusters have helped many families and individuals escape the debt trap through the quality debt counselling and debt consolidation solutions. DebtBusters primary aim is to enable South African consumers to gain a second chance to build a brighter future and eventually contribute to the economic growth of South African countries.

In order for DebtBusters to help these South African consumers gain a better financial position, they will advise debt consolidation or more likely, the debt solution debt counselling, as it more beneficial to the consumer. DebtBusters will conduct a full analysis of your financial situation, draw up a monthly budget and find ways in which you can save money and pay off your debt faster. A new debt repayment plan will be structured, consisting of extended debt repayment terms and reduced interest rates. DebtBusters has mandates with 95% of credit providers and will provide the best debt solution for you.

Visit DebtBusters website today www.debtbusters.co.za to find out more about our debt consolidation options or to speak to one of our friendly financial consultants. From debt counselling to debt consolidation, DebtBusters will pick the right debt solution for your particular financial needs.

The National Consumer Regulator says it has received complaints from consumers who have been placed under debt review without their knowledge.
And it has blamed this on false advertising on the part of debt counsellors and credit providers.
The NCR has called on consumers to know what they are getting themselves into when applying for debt consolidation and restructuring.

For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News #Covid-19Vaccination #Vaccine on Social Media.

The number of South African consumers seeking help to manage debt soared in the first quarter with enquiries at South Africa’s largest debt counsellor up 31% compared to the same period in 2020; that’s according to DebtBusters.

Benay Sager, head of DebtBusters joins me now

For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News on Social Media.

Please help support me and get exclusive content here: https://bullboom.blogspot.com/p/contact.html
Prepare for dollar destruction and the coming monetary transition by getting your silver and metals here: https://sdbullion.com/jjbbbb (you also help out this channel by using this link).

Please subscribe for the latest economic / financial news, U.S. economy, global economy featuring several reports each week discussing: the stock market, money matters, financial system reform, housing market, economic collapse, recession watch, unfolding financial crisis, preparing for the next economic decline, debt crisis, bank crisis, market crash, investing, and much more.

Find out what protection you have.

For more information check out our blog
https://www.libertineconsultants.co.za/blog.html

https://twitter.com/SharonDuminy
https://www.facebook.com/sharonrose.duminy.71

Credit Counselling Services of Atlantic Canada is the proud winner of the 2019 St. John’s Consumer’s Choice Award for Credit and Debt Counselling Service. Visit www.solveyourdebts.com to find out how we can help.

Are you an over-indebted consumer who has been put under administration? If you are under administration you need to be aware of unscrupulous administrators who abuse the process by taking advantage of you. The Credit Bureau says more than two point seven million consumers have judgments or administration orders against their names.
So what does this all mean for a consumer who has landed themselves in this whole thing? let’s speak to Chief Executive Officer of National Debt Mediation Association Magauta Mphahlele.