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Debt Help In South Africa Is Regulated By The NCR

The NCR, known in full as the National Credit Regulator oversees the registration and conduct of companies offering debt help in South Africa. As such the consumer is protected against unethical behaviour and high prices from companies offering debt help. Debt review companies are established with the specific purpose of helping over indebt individuals negotiate better payment terms with creditors and ensuring that the amounts which they have to pay back monthly are affordable. In essence the debt help takes the form of debt consolidation. There is no loan involved and no security other than proof of income will be needed. The consumer is then protected against further legal action from creditors while also having the benefit of lower interest rates in certain cases, and one consolidated monthly payment instead of several payments to various creditors.

Contact Details:

Website:
http://www.debt-risk-management.co.za
jacques@xdebt.co.za
Office: 012 253 1231
Cell: 083 4502 251
Fax: 086 615 6722

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Professional Debt Help, Help to Balance Your Debt and Help to Manage Your Debt

Filed under: Services, South Africa