Frequently Asked Debt Review Questions

Both new and existing clients have questions about Debt Counselling and Debt Review. Here we will answer some of the most asked questions. If you have a more specific question not listed here? Then give us a call on 087 550 11 22 or email us at info@sadebtcounselling.co.za

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…

read more

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…

read more

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…

read more

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…

read more

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…

read more

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,…

read more

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…

read more

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…

read more

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….

read more

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…

read more

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…

read more

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…

read more