Debt counselling and Debt review Northern Cape

Debt review and debt counselling Northern Cape

Debt review and debt counselling Northern Cape. Visit http://www.helpwithdebt.co.za

Debt review and debt counselling the Northern Cape

Help with debt assist clients in Barkley West, Canavron, Colesberg, Danielskuil, De Aar, Fraserburg, Griekwastad, Kakamas, Kammieskroon, Kathu, Kimberley, Kuruman, Loriesfontein, Loxton, Nieuwoudtville, Prieska, Springbok, Upington

Before a debt management company such as Help with Debt can assist any client with their debt problems, the process of debt review needs to be undertaken.Debt review assists the debt management company in identifying the debt problem at hand, and finding the suitable solution.

Help with Debt performs a thorough debt review process on all their clients, ensuring that all needs are identified, and an accurate solution created.

Help with Debt offers the following to their clients who are searching to undergodebt review:

No up front fees

No additional loans

One very affordable monthly payment to creditors

No interviews unless you want to have a free consultation

Contact Help with Debt today, and let them assist you through their debt review services.

We have been preventing repossession of vehicles and property for more than 10 years and will not allow any slip ups when it comes to your assets Debt counselling and debt review will prevent repossession of vehicles and property.

 

We are discreet and professional. This will ensure that your application for debt review and debt counselling the Northern Cape will be treated without prejudice

Help with Debt the Northern Cape

(073) 053 7756

(012) 752 9457

nfo@helpwithdebt.co.za

the Northern Cape

Monday to Friday 08:00 to 16:30

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Professional Debt Counselling by NCR registered Debt counsellors – Mpumalanga

Debt counselling Mpumalaga

Debt counselling and debt review by registered debt counsellors Mpumalaga

We Can Help You Get Debt Free‎ and prevent legal action and repossession

Lower Monthly Payments‎  by up to 60%

Free Debt counselling applications (T’s&C’s apply)

Dont wait

If you are in arrears with your accounts, don’t wait for legal action to start. Get protection TODAY

Debt counseling process

The debt counselling process is very easy to understand. You basically get the opportunity to pay a reduced monthly repayment towards your debt

Important questions

Is this a loan?

Absolutely not. Debt counselling is not a loan

Can I exit debt counselling?

Yes you can. At any time you can withdraw from the process

Is debt counselling binding to my creditors?

Debt counselling is the only process where your original agreement can be altered and be enforced

When to use debt review

If you are struggling every month to repay your debt at the cost of the quality of your life then you must consider debt review

While debt review reduces your monthly repayments it allows you to provide better for your family because it leaves you with more disposable income

Free debt counseling assessments

We provide free debt counselling assessments and we do not charge joining fees

Contact us today for debt counselling and debt review in Bronkhortspuit, Middelburg (Mpumalanga), Witbank, Pelgrimsrus, Lydenburg, Burgersfort, Belfast, Nelspruit, Ermelo, Evander, Trichard, Kinross, Amersfoort, Waterval Boven, Waterval Onder, Machado Dorp, Graskop, Sabie, Hazyview, Bosbokrand, Sabi Sands, Klaserie, Hoedspruit, Marloth Park, Skukuza, Steelpoort and the rest of South Africa

Contravention of the Credit Act – ABSA bank

Contravention of the Credit Act – ABSA bank

Help with Debt vs ABSA

 

Money grabbing while under debt review

We recently had a case where ABSA bank was a creditor in a consumers application for debt review, where the bank completely contravened  the National credit Act and in specific section 86.

 

Section 86 talks about how both consumer and creditor must enter into and or handle the debt review application with the same mutual respect

The facts of this case is briefly as follows.

The consumer applied for debt review with us

We established that the consumer was indeed over indebted and proceeded with a formal application for debt review

The consumer was listed on the NCR web portal that in turn lists the consumer on all eleven credit bureaus in South Africa. The consumer status would reflect as “Applied for debt review and is being formally assessed”

This listing should in a perfect world immediately reflect on the credit bureaus as well as update the consumer’s status at any and all credit providers that the consumer is a client of. In other words the bank in this case should have picked up immediately that the consumer is under debt review

Furthermore the Act is very specific in terms of giving any unfair advantage to any creditor. This advantage can be the result of three scenarios

1 The consumer pays a certain creditor extra in a payment schedule. This payment then falls outside the arranged or proposed payment that a creditor should receive under debt review

  1. The debt counselor deliberately arranges the repayments so that one creditor gets more (in ratio) to the others
  2. The credit provider deducts or keeps on deducting money from the consumers account and in turn receives the deducted payment as well as the debt review proposed or agreed amount

 

In our case Absa bank deducted money from the consumers account knowingly and with knowledge that the consumer has applied for debt review

Although the Act clearly states that all debit orders must be cancelled if a consumer applies for debt review, this never happens.

 

Consequently we had major telephonic and written conversations between the branch, the Absa debt review department, the Absa debt review department manager, the NCR and the consumer without any success.

The non compliance by ABSA and the blunt refusal to work with us in good fait as well as in my opinion contravention of the Act resulted in Help with Debt ;lodging a complaint against ABSA with the NCR complaints department

Turnaround time for ABSA to review any written correspondence is 10 to 14 working days

Our dilemma is that the consumer paid his debt review installment but as a result of ABSA bank deducting from his account unlawfully he is now under immense financial strain

I will keep posting replies to this post as to what happens as it happens.

 

What is debt review in South Africa

What is debt review in South Africa

Debt Review and Debt counselling  is a process in terms of the National Credit Act for over indebted consumers (Over indebted means if you cannot repay all your monthly debt with your current financial situation)

 

The purpose of debt counselling is to protect the over indebted consumer against Credit providers. The first step in the process is to get the help from a registered debt counselor like

What is a credit counselor

What is a credit counselor

A Debt counselor is a person that completed all the prescribed training and acquired the relevant qualification in Terms of the National credit Act. All debt counselors should be registered with the National Credit Regulator (NCR) and should be able to provide new consumers with a NCRDC registration number and proof that the registration is up to date.

Help with Debt, Debt counselors, are qualified and registered debt counselors and work all over South Africa

If you need debt review or debt counseling advice please visit our website today

http://www.helpwithdebt.co.za

 

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Professional Debt Counselling by NCR registered Debt counsellors – Mpumalanga

Professional Debt Counselling by NCR registered Debt counsellors – Mpumalanga

Facebook header Pretoria

We Can Help You Get Debt Free!‎ and prevent legal action and repossession

 

Lower Monthly Payments‎  by up to 60%

 

Don’t wait untill it is too late

 

Free Debt counselling applications (T’s&C’s apply)

 

 

 

Dont wait

If you are in arrears with your accounts, dont wait for legal action to start. Get protection TODAY

 

Debt counseling process

The debt counselling process is very easy to understand. You basically get the opportunity to pay a reduced monthly repayment towards your debt

 

Important questions

Is this a loan?

Absolutely not. Debt counselling is not a loan

Can I exit debt counselling?

Yes you can. At any time you can withdraw from the process

Is debt counselling binding to my creditors?

Debt counselling is the only process where your orginal agreement can be altered and be enforced

 

When to use debt review

If you are struggling every month to repay your debt at the cost of the quality of your life then you must concider debt review

While debt review reduces your monthly repayments it allows you to provide better for your family because it leaves you with more disposable income

 

 

Free debt counseling assessments

We provide free debt counselling assessments and we do not charge joining fees

 

Contact us today for debt counselling and debt review in Bronkhortspuit, Middelburg (Mpumalanga), Witbank, Pelgrimsrus, Lydenburg, Burgersfort, Belfast, Nelspruit, Ermelo, Evander, Trichard, Kinross, Amersfoort, Waterval Boven, Waterval Onder, Machado Dorp, Graskop, Sabie, Hazyviewand, Bosbokrand, Sabi Sands, Klaserie, Hoedspruit, Marloth Park, Skukuza, Steelpoort and the rest of South Africa

Help with debt logo

 

 

 

Professional Debt Counselling by NCR registered Debt counsellors – the Northern Cape

Professional Debt Counselling by NCR registered Debt counsellors – the Northern Cape

Facebook header Pretoria

 

We Can Help You Get Debt Free!‎ and prevent legal action and repossession

 

Lower Monthly Payments‎  by up to 60%

 

Don’t wait untill it is too late

 

Free Debt counselling applications (T’s&C’s apply)

 

 

 

Dont wait

If you are in arrears with your accounts, dont wait for legal action to start. Get protection TODAY

 

Debt counseling process

The debt counselling process is very easy to understand. You basically get the opportunity to pay a reduced monthly repayment towards your debt

 

Important questions

Is this a loan?

Absolutely not. Debt counselling is not a loan

Can I exit debt counselling?

Yes you can. At any time you can withdraw from the process

Is debt counselling binding to my creditors?

Debt counselling is the only process where your orginal agreement can be altered and be enforced

 

When to use debt review

If you are struggling every month to repay your debt at the cost of the quality of your life then you must concider debt review

While debt review reduces your monthly repayments it allows you to provide better for your family because it leaves you with more disposable income

 

 

Free debt counseling assessments

We provide free debt counselling assessments and we do not charge joining fees

 

Contact us today for debt counselling and debt review in Northern Cape , Barkley West, Canavron, Colesberg, Dsanielskuil, De Aar, Fraserburg, Griekwastad, Kakamas, Kammieskroon, Kathu, Kimberley, Kuruman, Loriesfontein, Loxton, Nieuwoudtville, Prieska, Springbok, Upington, and the rest of South Africa

Help with debt logo