FAQ’S: Can a lawyer remove me from debt counselling?
Answer: Yes, in short
Consumers have had a tough financial time in recent years. And even as the economy starts to turn the corner in terms of lower inflation and the beginning of lower interest rates, financial pressures still remain, with some households heavily indebted, even having to consider getting help to better deal with their situation.
To unpack how they’re currently viewing the South African consumer and how consumers can navigate some of the existing challenges, I’m joined by Calvin Ndlovu, Executive for Unsecured Recoveries at Nedbank.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Need help conquering debt and supercharging your credit score? Credit counseling could be your game-changer! In this video, we unveil the secrets of using credit counseling to take charge of your finances, slash debt, and elevate your credit score. Discover how to find a trusted credit counseling agency, craft a Debt Management Plan (DMP), negotiate lower interest rates, and grasp the impact of DMPs on your credit. Plus, uncover valuable tools and resources that will empower you to remain debt-free for the long haul. Don’t let debt hold you back—watch now to kickstart your journey to financial freedom!
In a distinctive effort, the Meghalaya Rural Bank (MRB) conducted a financial credit and counseling campaign on Friday for the students of St. Theresa’s Upper Primary School located in Kreit village, within the Sohiong Community and Rural Development Block.
During her address, Markynti Marbaniang, the branch manager of the MRB Mawlaingut branch, emphasized to the young audience the significance of initiating savings at an early age.
The branch manager advised the students against spending all the money they receive from their parents or relatives on unhealthy snacks.
Additionally, she informed the parents about the benefits of recurring deposits, highlighting the potential for earning a higher interest rate.
Furthermore, the branch manager discussed various government schemes, including the Atal Pension Scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana (a life insurance scheme), and Pradhan Mantri Suraksha Bima Yojana (an accidental insurance scheme).
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Debt review, also known as debt counselling, is a legal process that helps South Africans who are over-indebted. How do you qualify for the debt review process? What does it mean to be over-indebted and how would you know if you have too much debt? What should you know about the debt review process before signing up?
Founder & CEO of Meerkat, David O’Brien answers all of these questions.
Fill out the contact form and we’ll discuss how debt review can help you: https://bit.ly/3zxYOhH
The 17.W form is not how you can be removed from the debt review process.
What are your option when feeling the financial pinch?