Celebrating our country’s 24th year of democracy is one thing, but if you are caught in a web of debt as an individual, that freedom does not mean much….
Take that first step to really experience financial liberation and let us assist you with the debt counselling process.
Debt counselling is a closely regulated solution for those who are struggling to keep up with their monthly debt obligations. The National Credit Act introduced this process in 2007 with the aim of helping struggling consumers in a constructive and cost-effective way.
Debt counselling (or also known to some as debt review) provides consumers with a number of benefits, but most importantly it ensures them peace of mind knowing that they now have full control over their financial situation and are on the path towards financial freedom. This unlocks many opportunities to build a brighter financial future.
Through DebtBusters, a qualified debt counsellor will formally review your finances, and develop a suitable monthly budget for you. DebtBusters will also negotiate with creditors on your behalf to reduce interest rates and fees on your debts, as well as extending payment terms so that your debt repayment plan can be restructured into an affordable and money-saving plan. The process of debt counselling will also provide you with legal protection from creditors so that you can sleep peacefully at night knowing your assets are safe and that you can stop expecting those scary calls from creditors.
You will not be able to take out credit while you are under the debt counselling process, and some people view this as a disadvantage, but the reality is those who are already heavily over-indebted should not be thinking about taking out any further credit. They should rather focus on paying off the existing debt – which the process of debt counselling allows one to do.
Debt counselling is a means of giving consumers a fresh start. Without the worries of your debt on your mind, you are free to focus on your future goals and plans.