How does a debt review help you?

A debt review helps clients restructure or reduce their debt payments to their creditors. You will still pay off your debt but at lower installments.

Can your car or home get repossessed?

When you’re under debt review you’re given a certain amount of protection. Creditors are not allowed to repossess assets as long as they form part of your review. If you're following the advice of the debt counsellor and keeping up with payments creditors have no valid reasons to repossess your assets.

What happens after the debts are paid off?

Once all your debt is paid off the debt counsellor notifies the National Credit Regulator (NCR). The email specifies the details of your case and the NCR must remove your name from its registry & the credit bureau lists.

Will your debt review affect your spouse’s credit?

Quite a few factors determine how partners’ finances affect each other: -If the marriage happens after the initial debt review your spouse’s credit shouldn’t be affected. -If you’re married in community of property you legally share all assets and debt. If you're under a debt review your spouse will be too.

Will the debt review affect your home’s bond?

A debt review doesn’t affect your bond. Your bond is included in the list of creditors you need to pay.

How long does it take for the debt to be cleared?

Your debt review period depends on a number of factors: -Your income -The number of creditors you have -The total outstanding debt -The interest rates on the accounts -The percentage of rates increases When you consult with debt counsellors you’ll get a full breakdown of the process. You’ll be told what will be paid to whom and the estimated time before the process is completed.

Will you be accepted for new credit if you’re on the NCR registry?

No new credit will be approved if you're listed on the NCR registry. You’re struggling to repay current debt. No new creditor will accept the risk of not receiving payments.

Will creditors still pursue you for payments?

When under debt review your debt counsellor takes over much of the administration. But you’re bound to still receive communication from your creditors. Even though they’re informed of your review it may take time to update their systems with your repayment plan. If they keep contacting you simply inform them you’re working with a debt counsellor and when payment is scheduled.

What happens if you can't pay the debt due to an emergency or death?

When emergencies arise the debt counsellor must inform the creditors of possible problems with payments. New arrangements need to be made. All parties—the client, debt counsellor and creditor—must agree to the new terms.

1. You never pay to use Snupit. It’s free and you get to compare multiple quotes from the best debt counsellors in Umhlanga. 2. Professionals listed on the Snupit platform are experienced, friendly and background-checked. Our numbers say it all! Of the 2 reviews for debt counsellors, our customers have had a positive and a rewarding experience with 2 debt counselling projects. 3. Choose from 632 trusted and high quality professionals in Umhlanga who can assist you with just about anything you need done. 4. Don’t overpay for any service, hire a local expert from our talent pool of 9 debt counsellors in Umhlanga who are skilled and vetted.

Top Debt Counsellors in Umhlanga

Registered Debt Counsellors

Umhlanga Ridge, Umhlanga

CONSOLIDATE ALL DEBT INTO ONE REDUCED AND AFFORDABLE INSTALMENT. Debt counselling was introduced in 2007 and is governed and regulated by the National Credit Act 34 of 2005. A debt counsellor is a person who is trained and accredited by the ...show more

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TPA Debt Management

Umhlanga Ridge, Umhlanga

For REAL Professional and Immediate help with Debt . We are Not just Debt Counselors but also Attorneys with 20 Years of Extensive Experience. We will formulate a repayment plan that best suits your pocket. We will preserve your as ...show more

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Debt Advisor

Umhlanga Ridge, Umhlanga

In too deep with Debt? Is it taking over your life? Let us assist! We can help stop the downward spiral and offer real solutions to your debt problems. We also do loans!. Debt advisor helpline can help stop the downward spiral and offer rea ...show more

4.5

2 reviews

by Sesi, 086****422

Wow! Blown away with the fast service and friendly help from this company. The advisors are really friendly, understanding and helped me get through a big financial problem. Great service. Well done to the team that assisted me.

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Global Debt Solutions

Umhlanga Ridge, Umhlanga

GDS was established to assist consumer's who have impaired credit reports or have been blacklisted either by way of Judgements, Garnishee Orders or Adverse listings. WE ASSIST WITH: Credit Bureau Clearances Reckless Credit Alle ...show more

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Legal And Debt Solutions

Umhlanga

Live debt-free and stress-free. The debt review process was introduced in 2007 with the National Credit Act (NCA). Debt review or debt counselling as it is commonly known, is a debt solution targeted at South African consumers who are ove ...show more

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MNM Debt Recovery

Umhlanga

DROWNING IN DEBT- WE CAN HELP YOU. Specialist in Deb review, debt counselling. Pay reduced instalments at lower interest rates. Avoid financial stress while under debt review. ...show more

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Debt Recon

Umhlanga Ridge, Umhlanga

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Consolidated Debt Solutions Head Office

La Lucia, Umhlanga

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Secure Finance

La Lucia, Umhlanga

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Frequently Asked Questions

Do you feel stressed about mounting debt? Guess what? You don’t have to handle it on your own. South Africa has many certified debt counsellors. They know exactly what you need to manage your debt. And with Snupit’s review feature you can find one that offers excellent customer service. With them you’ll feel comfortable talking about your personal finances.

How does a debt review help you?
A debt review helps clients restructure or reduce their debt payments to their creditors. You will still pay off your debt but at lower installments.
Can your car or home get repossessed?
When you’re under debt review you’re given a certain amount of protection. Creditors are not allowed to repossess assets as long as they form part of your review. If you're following the advice of the debt counsellor and keeping up with payments creditors have no valid reasons to repossess your assets.
What happens after the debts are paid off?
Once all your debt is paid off the debt counsellor notifies the National Credit Regulator (NCR). The email specifies the details of your case and the NCR must remove your name from its registry & the credit bureau lists.
Will your debt review affect your spouse’s credit?
Quite a few factors determine how partners’ finances affect each other:

- If the marriage happens after the initial debt review your spouse’s credit shouldn’t be affected.

- If you’re married in community of property you legally share all assets and debt. If you're under a debt review your spouse will be too.
Will the debt review affect your home’s bond?
A debt review doesn’t affect your bond. Your bond is included in the list of creditors you need to pay.
How long does it take for the debt to be cleared?
Your debt review period depends on a number of factors:

- Your income
- The number of creditors you have
- The total outstanding debt
- The interest rates on the accounts
- The percentage of rates increases

When you consult with debt counsellors you’ll get a full breakdown of the process. You’ll be told what will be paid to whom and the estimated time before the process is completed.
Will you be accepted for new credit if you’re on the NCR registry?
No new credit will be approved if you're listed on the NCR registry. You’re struggling to repay current debt. No new creditor will accept the risk of not receiving payments.
Will creditors still pursue you for payments?
When under debt review your debt counsellor takes over much of the administration. But you’re bound to still receive communication from your creditors.

Even though they’re informed of your review it may take time to update their systems with your repayment plan. If they keep contacting you simply inform them you’re working with a debt counsellor and when payment is scheduled.
What happens if you can't pay the debt due to an emergency or death?
When emergencies arise the debt counsellor must inform the creditors of possible problems with payments. New arrangements need to be made. All parties—the client, debt counsellor and creditor—must agree to the new terms.
Why Snupit?
1. You never pay to use Snupit. It’s free and you get to compare multiple quotes from the best debt counsellors in Umhlanga.

2. Professionals listed on the Snupit platform are experienced, friendly and background-checked. Our numbers say it all! Of the 2 reviews for debt counsellors, our customers have had a positive and a rewarding experience with 2 debt counselling projects.

3. Choose from 632 trusted and high quality professionals in Umhlanga who can assist you with just about anything you need done.

4. Don’t overpay for any service, hire a local expert from our talent pool of 9 debt counsellors in Umhlanga who are skilled and vetted.

Need Debt Counsellors in Umhlanga?

2 Reviews for debt counsellors
2 Positive Reviews
Recently hired Pros have been rated * 4.5/5 from 2 Reviews
Hire Umhlanga Pros for debt counsellors today

Price Estimate for debt counsellors in Umhlanga

Application fees: R50 :
Service fees (can be paid in monthly instalments): R1 000 : R6 000

Compare quotes from up to 5 local professionals for debt counsellors

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Top Debt Counsellors in Umhlanga

How does a debt review help you?

Can your car or home get repossessed?

What happens after the debts are paid off?

Will your debt review affect your spouse’s credit?

Will the debt review affect your home’s bond?

How long does it take for the debt to be cleared?

Will you be accepted for new credit if you’re on the NCR registry?

Will creditors still pursue you for payments?

What happens if you can't pay the debt due to an emergency or death?

Why Snupit?

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