The Debt Review Blog
In our blog, we discuss everything relating to debt review, debt consolidation, debt counselling and other important financial matters.
What Is Debt Counselling
Debt counselling was formally introduced in 2007 by the National Credit Act and is a closely managed debt solution. A debt counsellor will assist a client that struggles to pay his debt by placing the client under debt review. Through debt…
Debt Consolidation
Consolidation loans ends up costing you more, while Debt Review saves you money. A consolidation loan could attract up to 27.5% interest whils debt review will lower your interest rates up to 0%. Debt Review or Consolidation Loan?There…
Do I Need a Debt Counsellor
If you are one of the millions of consumers who experience financial strain due to a lot of debt, you should be able to benefit by speaking to a debt counsellor. A Debt Counsellor will be able to place you under debt review, which will…
Garnishee Order
What is a garnishee order? A Garnishee Order or Emolument Attachment Order Instructs Your Employer To Deduct Money From Your Salary To Pay Your Creditors. The garnishee order is obtained by a credit ptrovider to recover unpaid debt. The creditor can be anyone the…
Is the Debt Relief Immediate
You will experience immediate debt relief with debt review. Within the first week, Sandton Debt Counselling will draw up a new and affordable payment plan. The new payment plan will be based on what you can afford. The Debt…
Do I Have To See A Debt Counsellor
No, you do not have to see a Debt Counsellor in person. The whole application process can be electronic, so it does not matter where you are, Sandton Debt counselling will be able to assist you. In fact, 99% of our clients…
Do I Need Debt Review
If you are not able to meet your debt obligations and still survive, then the short answer is yes. Debt Review will reduce your monthly instalment amounts and free up much needed cash. But it is very important to act fast, waiting too long or…
Consolidation Loan
Consumers that are over-indebted have a few options available to them. One option is a Debt Consolidation Loan. A consolidation loan is taken out to settle all other debts that you may have. The problem with these loans are that they come…
Will I Lose My Assets With Debt Review
You will not lose your assets if you apply for Debt Review. As long as you keep making your payments under the new agreement, everything should be fine. Debt Review could help you save your house and car. If creditors…
Personal Loans – Debt Review – Consolidation
Personal Loans – A Guide to See if You Need One. Lots of South African households are experiencing financial stress. But where should you go for loans and what avenues should you explore when you need to borrow money? Here is our advice: In the last couple of months,…
Junk Status – The Financial Effect on South Africans
With recent downgrades of South Africa’s long-term debt to junk status by Fitch Ratings and Standard & Poor as well as Moody placing the country on review for a downgrade, many ordinary consumers are asking “how bad is this for me?”…
How to Get Out Of Debt – Snowball Method
The way that Debt Counselling works is much like the debt snowball effect. Smaller accounts or accounts with higher interest are settled first. When accounts are settled, the instalment of the settled account goes…
Debt Review And a Future Job
Will a Future Job Be Affected By Debt Review? To apply for Debt Review shows responsibility and future employers should see this in the same way. It is our opinion that should a new potential employer run a credit check, it will draw respect. Taking responsibility when…
What Is The NCR or National Credit Regulator?
The National Credit Regulator (NCR) is the regulatory body that oversees the South African credit industry. It was established in 2005 by the National Credit Act (NCA). The main functions of the NCR is to make sure that…
Debt Review Process
Your Step-by-Step Guide. The process of applying for debt review might be unnerving, but it is an honourable step in the right direction to unshackle yourself from the restraints of your debts. Once you start the debt review process with Sandton…
How to Find the Best Debt Review Company
You’re finding yourself in financial difficulty and you realise that you need assistance… You’ve done the research and you know what debt review is about . You’ve realised that it could work for your financial situation. …
Debt Review Administration and Sequestration
A Complete Comparison of Debt Review, Administration and SequestrationTo start off with, there is a vast difference between debt review, administration and sequestration. Although all three are legal processes that are made an order of the court, there are key factors…
Saving Money Tips to Reduce Expenses
4 Saving Money Tips and Cut Down on Your Expenses – NCR Debt Counsellors Approve!Prevention is always better than cure – and being proactive instead of reactive is what we should all be aiming for in life, in general. Think about these little pearls of wisdom for a…
National Debt Counsellors
Sandton Debt Counselling – We Offer a Nationwide ServiceSandton Debt Counselling is a top-rated debt review company in South Africa, and as national debt counsellors, we cater for clients from all corners of the country. Although our company…
Debt Counselling – National Service
Who Does Sandton Debt Counselling Cater For?Sandton Debt Counselling offers debt review for South Africans from all walks of life. As national debt counsellors, our service is not reserved for clients in a specific income bracket or area….
Finances In a Relationship
Advice From NCR Debt Counsellors – Approaching Finances in a RelationshipTo be under debt review is often the best way out of financial hardship but there are ways to approach finances in a relationship to avoid total destruction.Love & Money – How to Approach…
Disadvantages of Debt Review
Debt Review is an excellent program when you find yourself in financial difficulty. There are a few pros and cons though. What Are The Disadvantages of Debt Review? While you are in this program, you will not be able to obtain new credit….
How Long Does Debt Review Last
Ever wondered how long does debt review last? The short answer would be between 24 to 60 months, but there are a lot of factors that determine this. Each person applying for debt review will have different financial circumstances so it…
Debt Review Companies
Debt review companies are there to assist consumers who cannot afford to pay their monthly instalments. Many South Africans rely on credit to pay their instalments and just cannot make ends meet. That is what we are there for, to reduce…
Debt Counselling Johannesburg
If you’re searching for debt counselling in Johannesburg that won’t leave you disappointed, look no further. Sandton Debt Counselling (SDC) is rated amongst the top NCR registered debt counsellors for a reason – and our customer feedback…
Debt Counselling Cape Town
As national debt counsellors, Sandton Debt Counselling is the obvious choice for those seeking debt counselling in Cape Town. With offices located in the Western Cape, we have a strong presence in the province, and you needn’t look any…
Debt Counselling Pretoria
As trusted national debt counsellors, Sandton Debt Counselling is the go-to debt review company for those needing debt counselling in Pretoria. We have helped countless clients in Tshwane achieve financial freedom through the NCR debt review…
Debt Counselling Bloemfontein
Sandton Debt Counselling ranks amongst the best debt review companies, providing trusted services to those seeking debt counselling in Bloemfontein. As national debt counsellors, we’ve helped many clients from Bloem reach financial…
Debt Counselling Durban
Sandton Debt Counselling is rated as one of the best debt review companies in South Africa, providing a trusted debt review process to clients looking for debt counselling in Durban. As national debt counsellors, we’ve helped many Durbanites…
Debt Counselling Port Elizabeth
If you’re looking for debt counselling in Port Elizabeth, look no further. As leaders amongst South African debt review companies, Sandton Debt Counselling is consistently rated at the top of our game. We provide trusted NCR debt…
What Is Debt Review
A Brief Introduction. With South Africans finding themselves in the most vulnerable position financially at present, there is a pressing need to offer a solution that can provide some relief – and one of the best options is debt review. If you’re…
Can Foreigners Apply for Debt Review in South Africa
Our country has a diverse population, and of our 60-odd million residents, a fair number comprises foreigners. Under the current financial climate, the need for debt counselling in South Africa can betide anyone,…
Does Emigration Affect Debt Review in South Africa?
At Sandton Debt Counselling we understand that life and circumstances are forever changing and that nothing is ever really set in stone. One moment you’re financially fluid, the next, you’re finding yourself in need…
Can You Apply for Debt Review if You’ve Immigrated
Sandton Debt Counselling can assist with debt review for those who have immigrated to South Africa. There are a few requirements, however, such as that your debt has to be in South Africa, and with South African…
How to Get Out of Debt Fast
The moment financial hardship strikes and panics sets in, the first thing most people do is hop on to Google and search for ways on how to get out of debt fast. This is a very dangerous rabbit hole to go down as misinformation can quickly…
Is Debt Review a Good Idea?
You might be finding yourself in a vulnerable financial situation and naturally the question ‘is debt review a good idea?’ might pop up as you try come up with solutions. To answer the question, debt review is one of the best and safest…
Debt Counselling Process
Our Debt Counselling Process, 5 Steps to Financial FreedomStep 1 The debt review assessmentThe debt counselling process starts by the Debt Counsellor doing assessments to establish whether you are over indebted and in short, qualify for…