NDMA

National Debt Mediation Association (NDMA)

The NDMA is a credit provider sponsored non-profit organisation designed to assist over-indebted consumers by resolving where possible, through debt mediation their current over-indebted situation and to prevent potential financial problems with the help of debt counsellors.

Through negotiated agreements between the NDMA and its affiliated credit providers, consumers can now take advantage of significant concessions, beyond what is required in law, to assist eligible over-indebted consumers. Consumers who consent to enter the programme and meet their restructured obligations will rehabilitate their financial situation using:

• Repayment term rescheduling


• Interest rate and fee reductions; and


• Temporary payment holidays

Whilst the NDMA will not be able to assist all clients with debt problems it does offer another potential solution. At DebtBusters we analyse your situation and see which solution is the most appropriate for your situation.