debt free in an
affordable
manner
LET US BE YOUR DEDICATED PARTNER GUIDING YOU TO
A LIFE FREE FROM DEBT’S GRIP INTO A NEWLIFE4U.
debt free in an
affordable
manner
LET US BE YOUR DEDICATED PARTNER GUIDING YOU
TO A LIFE FREE FROM DEBT’S GRIP INTO A NEWLIFE4U.
Trust you would become debt free and let us guide you to “mission accomplished”.
OUR DEBT REVIEW PROCESS
Complete the application process with our Debt consultants
We reduce your monthly payments to an affordable payment plan
Our legal experts represent you in court and make your restructured payment plan a court order
Pay your reduced instalment every month and receive your clearance certificate after completing the debt review process
Take the first Step Today...
Are you ready to take control of your finances and break free from debt once and for all?
no need to fret over initiation fees as only a minute fee to apply during the initiating process namely R50.00 + Vat and an additional figure of R300.00 + Vat at time of over-indebtedness assessment. Debt Counselling Fees
By continuing you accept our Privacy Notice and Terms & Conditions
We shall guide you out of debt
in a boutique and highly confidential manner and as per National Credit Act (NCA) The Act regulated by the National Credit Regulator (NCR) NCR should you be over-indebted (the inability to address your monthly debt and financial commitments) which could be determined straight away should you complete the assessment below
Shake off financial anxiety
Do not perceive Debt Counselling/Review The Process as the end of the road but rather a journey to start a New Life For You (Newlife4u).
Feasible Monthly Budget
We to compile you a feasible monthly budget while new favourable terms will be negotiated with your creditors
Blacklisting
Sidestep summonses and blacklisting
Creditor Harassment
No more restless nights and/or concentration lapse let alone creditor harassment
Shake off financial anxiety
1. Facing Financial Difficulties
When you're struggling to pay your debts and bills, you might consider entering the debt review process. This is especially helpful if you have multiple debts and you're finding it hard to manage monthly repayments in favour of creditors
2. Applying for Debt Review
You'l reach out to a registered debt counsellor. This is a person or company authorized by the National Credit
Regulator (NCR) to help you with your debt situation. The counsellor will help you gather information about your debts, income, and expenses.
3. Assessment by the Debt Counsellor
The debt counsellor takes a close look at your financial situation to determine whether you're overindebted, meaning you can't afford to pay all your debts on time. If you are
indeed over-indebted, they will proceed with the debt review process.
4. Notifying Creditors and Credit Bureaus
The debt counsellor contacts all your creditors (the companies or people you owe money to) and lets them know that you're undergoing debt review. They also inform the credit bureaus so that your credit report can be updated to show that you're under debt review.
5. Negotiating a Repayment Plan
The counsellor works with your creditors to come up with a new repayment plan that's more manageable for you. They might negotiate for lower interest rates, extended payment terms, or reduced monthly payments.
6. Court Confirmation
The repayment plan, is presented to a Magistrate's Court or National Consumer Tribunal to make it an order by court.
7. Making Payments
You'll make payments according to the new terms. You'll send your payments to a Payment Distribution Agency (PDA)
appointed by the counsellor. The PDA then distributes the money to your creditors as agreed upon and you to receive proof of payment distribution in a prompt manner.
8. Staying on Track
You'll need to stick to the repayment plan diligently. It's important to pay on time every month. If your financial situation changes, you should inform your debt counsellor so they can adjust the plan if needed.
9. Clearing Your Debt
As you make consistent payments, you'll gradually pay off your debts according to the plan. Once all the debts in the plan are paid off, the counsellor will issue a clearance certificate. This confirms that you've fulfilled your obligations and can now move forward without the burden of those debts.
Remember that the debt review process is a serious commitment, and it's important to work closely with your debt counsellor and follow their guidance throughout the journey. It's designed to help you regain control of your finances and work towards a debt-free future.
Benefits of Better Credit Score and Restoration
Leverage agile frameworks to provide a robust synopsis for high level overviews iterative approaches.
