A Complete Comparison of Debt Review, Administration and Sequestration In this article we will compare the differences between debt review, administration and sequestration. A Comparison: Debt Review, Administration & Sequestration To start off with, there is a vast difference between debt review, administration and sequestration. Although all three are legal processes that are made an …
Choosing a Debt Counsellor: How to Find the Best Debt Review Company Doing research is very important. We will discuss from reading reviews on reputable platforms to making sure the Debt Counsellor is registered. How to Find the Best Debt Review Company You’re finding yourself in financial difficulty and you realise that you need assistance… …
Debt Review: Your Step by Step Guide – From Application to Final Payment Read our step by step guide and see how Sandton Debt Counselling can help you see your debt review journey through successfully to the end! Debt Review – Your Step by Step Guide The process of applying for debt review might be …
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.
The National Credit Regulator (NCR) The NCR regulates all companies in the South African credit industry and also make sure that all these companies are in compliance with the National Credit Act. What Is The NCR? The National Credit Regulator (NCR) is the regulatory body that oversees the South African credit industry. It was established …
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 you can not afford to pay instalments, says …
Junk Status Junk Status in South Africa 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?” According to Jo Stone, CEO of Sandton …
Will I Lose My Assets When Going Under 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 are threatening you with repossession …
Tell Me If 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 taking on extra …
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 Cousellor will assess your income and expenses and then work out …
