FAQ’S: Can a lawyer remove me from debt counselling?
Answer: Yes, in short

The latest Debt Rescue Survey on the levels of financial distress among South African households suggests that the year has been so dire for consumers, that some may not be able to enjoy the festive season as they have in the past due to affordability constraints.
Some consumers are consciously deciding to cut down on their Christmas expenses, so as not to fall further into financial peril going into next year.
To tell us more about what the survey uncovered, I’m joined by Neil Roets, CEO: Debt Rescue.

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

Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fund federal operations and disaster aid, dropping President-elect Donald Trump’s demands for a debt limit increase into the new year.

Watch this video to learn more about what to expect during the Farm Business Debt Mediation process.

Debt review is a formal legal debt solution process that is governed by the National Credit Act 34 of 2005 whereby a registered Debt Counsellor negotiates on a consumer’s behalf with credit providers to find a repayment plan that best suits the consumer’s affordability. It is important to select a Debt Counsellor that is registered with the NCR so that you are legally protected while under Debt Review.
It is illegal to present yourself as a Debt Counsellor when you are not registered.

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Debt consolidation is a financial strategy that involves combining multiple debts, such as credit card balances, personal loans, or medical bills, into a single, more manageable debt. Debt consolidation could end up being a lot of bother just to switch out one debt for another. There are certain steps you can take to make sure that consolidating your debt will be a good thing for you.

1) Before you seek a debt consolidation loan, you should figure out what APR (annual percentage rate) you need in order to make it worthwhile. If all you are doing is simplifying the number of payments you need to make in a given month and you aren’t lowering your interest rate, then you aren’t getting any of the benefit from consolidating your debt.

2) The next thing you need to do is figure out how much money you really need to borrow. You don’t want to saddle yourself with more debt by taking more money than you need to consolidate your loans. But, there is no rule than says you have to consolidate every one of your loans. If you have one loan with a lower interest rate than you would be able to get on a debt consolidation loan, you do not want to roll that loan into the process.

3) It may seem like the most important thing you need to do is alleviate the stress associated with your current debt load, but you need to make sure you set a realistic (and aggressive) budget first. Why? Well, you want to make sure that you can take advantage of the debt consolidation process to pay as much against your new loan as you can. That will accelerate your effort to pay off your debt. Also, it would be a complete travesty to consolidate your credit card debt only to run up new balances.

4) You need to make sure you stop using your credit cards. If you keep using them, you might find yourself in another financial hole before you know it. If credit card debt has contributed to your current financial situation, you need to make sure that issue is resolved before you move forward.

5) Finally, you need to make sure you are getting the best possible interest rate you can on a debt consolidation loan. After all, the whole purpose of consolidating your debts is to be able to pay less money on interest and more money on principal. The better the overall APR on the loan, the more money you can put against the principal. The more money you can put against principal (especially in the earliest months of a loan) the fast you will be able to get out of debt.

It’s important to note that debt consolidation is not a one-size-fits-all solution. The effectiveness of debt consolidation depends on individual circumstances, including the types of debt you have, your credit score, and your ability to make consistent payments. Additionally, it’s essential to choose a consolidation method that aligns with your financial goals and to avoid accumulating new debt while in the process of consolidation. Before pursuing debt consolidation, consider speaking with a financial advisor or counselor to evaluate your options and develop a strategy that best suits your needs.

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How Good Is A Debt Consolidation Loan

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Depending on where you on in the debt review removal process, a different answer about debt review removal will apply to you.

The best way to be removed? Settle all your debts and don’t fall for scams online.

Have you paid all your debt, but still have the debt review flag? We can get you cleared. Start your online application now: https://bit.ly/3Y497US

Explore the best debt consolidation services to help manage your finances and simplify payments with confidence.
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Explore the best debt consolidation services to help manage your finances and simplify payments with confidence.

Timestamp Sections:
00:00 Intro
01:02 Freedom Debt Relief
01:56 Freedom Debt Relief – Fees
03:05 National Debt Relief
03:33 National Debt Relief – Fees
05:13 Accredited
05:47 Accredited – Fees
06:54 JG Wentworth
07:14 JG Wentworth – Fees
08:33 Conclusion
08:57 Outro

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Overcoming Debt with Smart Solutions
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Dealing with debt can be overwhelming, but solutions like debt consolidation offer a practical path to financial freedom. By combining multiple debts into one manageable payment, you can simplify your finances and negotiate more favorable terms.

In this video, I’ll share my experience with debt consolidation and introduce you to four top-rated services that specialize in helping people regain control of their finances. We’ll explore each company’s offerings, the types of debt they handle, and their fee structures so that you can find the best option for your situation.

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Top Debt Consolidation Services
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First on the list is Freedom Debt Relief, known for transparency and working with the Legal Partner Network to settle debts efficiently. They charge fees between 15% and 25% of your enrolled debt and offer a custom payment plan. Next is National Debt Relief, which focuses on settlement negotiations for those with over $7,500 in unsecured debt, with savings often reaching 23%.

For faster results, consider Accredited, ideal for debts over $10,000, offering quick resolutions but requiring patience for credit recovery. Lastly, JG Wentworth, a well-known service, helps avoid bankruptcy with strong customer support and slightly higher fees ranging from 18% to 25%. Each of these services offers unique advantages, so choosing the right one depends on your financial needs.

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Exclusive Discounts and Final Thoughts
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If you’re ready to take the next step toward financial stability, use the affiliate links in the description for exclusive discounts on these services. By following a structured plan with any of these companies, you’ll reduce stress and work toward becoming debt-free in as little as two to four years.

Don’t forget to like, comment, and subscribe for more financial tips and reviews. Let me know in the comments which service you’re considering or any questions you have, and I’ll get back to you soon. Thanks for watching, and here’s to a debt-free future!

Hope you enjoyed my Best Debt Consolidation Services in 2025 Video.