Debt counselling is revolutionary process, designed to assist South Africans who are struggling with their finances. It aims to assist individuals to manage their debt in an affordable way. Once signed up for debt counselling, those that were previously defaulting on their monthly debt repayments are able to make monthly payments on time, every month.
28 November 2012
Am I able to get one loan to pay all my debts therefore having only one monthly payment?
You may have the option to consolidate your debt and DebtBusters would be able to advise you on this. It all depends on your affordability, your short term debt and what your current payments look like. The advantage of a consolidated loan, is it will only have 1 monthly fee and normally a better average interest rate.