Understanding The Debt Collection Process
The debt collection process is a simple process with severe consequences for the unaware debtor. So you skip a payment here and there and think it will not have an effect, as long as you make a payment again next month, right? Sure some creditors do not proceed...
How “John” Reduced His Interest Rate from 36% to Zero
Below is a table showing how “John”, actual client but not his real name, was able to get his interest rates reduced by different creditors, with the help of Debt Review Centre. Total Savings With Debt Review Below is a breakdown of how much John owed and how much he...
Frequently Asked Questions About Debt Review
Even though Debt Review (DR) was incepted during June 2007 with the implementation of the National Credit Act 34 of 2005, we often find that some members of the public have the most ludicrous concepts about the process and the effects and benefits thereof. Some think...
Five Steps To Take After Retrenchment
Unfortunately, retrenchments are becoming a more frequent occurrence these days. Your best chance of financial survival is to ensure you have a carefully devised plan of action. Here are five things you can do to take control of debt after retrenchment Revise your...
Real Life Debt Review Scenario
As more and more consumers experience increased financial pressure due to increasing living expenses, most of these consumers now consider applying for debt review in order to reduce their debt repayments and stabilise their living expenses. A client of ours, Cedric*,...