Can’t pay your Debt?

 

Let us assist with the restructuring of your credit agreements. Take the first step today to financial freedom.

 

  • IMMEDIATE DEBT RELIEF
  • ONE AFFORDABLE MONTHLY REPAYMENT
  • PROTECTION AGAINST LEGAL ACTION
  • PEACE OF MIND
  • NO MORE PHONE CALLS

Request a Callback

Take the first step to debt relief and financial freedom.

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NATIONAL CREDIT REGULATOR

Credit Care is an accredited Debt Counselling company who is registered with the NCR (NCRDC3422), and comply with all the provisions of the National Credit Act and rules of the NCR.

IT’S YOUR RIGHT!

Debt Review forms part of the National Credit Act to protect and assist Over-Indebted Consumers. Every South African has the RIGHT to apply for Debt Review as per National Credit Act, if they are in financial difficulty because of Debt!

IMMEDIATE DEBT RELIEF

ONE AFFORDABLE MONTHLY REPAYMENT

PROTECTION AGAINST LEGAL ACTION

NO MORE HARASSING PHONE CALLS

Who qualifies for Debt Review?

As stipulated in the NCA : To assist an over-indebted Consumer , or a person who is not currently over indebted but is experiencing or is likely to experience difficulty in meeting his or her obligations under his or her credit agreements in a timely manner.

Consumers in arrears with any credit agreement, where Legal action has not yet commenced.

OUR STEPS TO MAKE YOU DEBT FREE

  • 1. FREE DEBT ASSESSMENT

    Submit your information for an assessment

    Complete the contact form or Request a Callback for a Debt Consultant to assess your situation

  • 2. WE REVIEW YOUR ASSESSMENT

    Assessment sent for review

    We review your assessment and determine whether your monthly expenses and debt exceed your monthly income.

  • 3. PLACED UNDER DEBT REVIEW

    and protected from your creditors

    Upon confirmation that you are over-indebted, you will be placed under debt review. We’ll inform the NCR and your creditors that you are placed under Debt Review.

  • 4. YOU PAY A SINGLE, REDUCED PAYMENT

    that you can afford!

    We’ll restructure your payment plan and negotiate reduced payment, reduced interest rates and extended payment terms with your Credit Providers.

  • 5. SUBMITTED TO COURT

    The repayment plan becomes a court order

    Court / consent order will be granted by either a Magistrate court or the National Consumer Tribunal. Clients will not have to appear in court.

PROCESS COMPLETE!

Process is finalised and you have protection against legal action from your Creditor Providers. You only have one single, affordable monthly payment – leaving enough money for monthly expenses and no further harassment calls from creditors. 

FAQ'S

WHO QUALIFIES FOR DEBT REVIEW?
  • As stipulated in the NCA : To assist an over indebted Consumer , or a person who is not currently over indebted but is experiencing or is likely to experience difficulty in meeting his or her obligations under his or her credit agreements in a timely manner.
  • Consumers in arrears with any credit agreement, where Legal action has not yet commenced.
HOW CAN WE HELP YOU TO HAVE MORE FUNDS AVAILABLE FOR LIVING EXPENSES?
  • By significantly reducing your monthly Instalments and Interest rate
  • Stop harassment and phone calls from Creditors and Debt Collectors
  • Restructure Arrear amounts
  • Prevent and stop legal action and repossession of assets
WHAT ARE THE 'RULES' FOR DEBT REVIEW?
  • You have to PAY every month!! NO SKIPPING PAYMENTS!
  • No more Credit until all debt has been settled
  • This is NOT a bad thing as it will discipline you to stick to budgets and be financially independent !!
WHAT ABOUT MY ITC REPORT?

Huge Misconception about being under Debt Review!!!

  • You WILL NOT be blacklisted or get a bad name on your ITC Report for being under Debt Review!!
  • Creditors will however flag you as being under Debt Review and will refuse you any further credit until all debt has been settled in full
HOW DO I CLEAR MY NAME AGAIN?

Once all debt is settled in full, a Clearance Certificate is issued and sent to all Creditors and Credit Bureaus, they have to update their systems and remove Debt review flag and that will in turn “unblock you”. Your ITC Record will not reflect a Debt Review status after that!

While paying under Debt review, you will actually build up a good credit record again!

WHAT DO I NEED TO BEGIN?
  • Copy of ID
  • 1 Payslip / proof of Income
  • 30 – 45 Minutes for Consultation and Assessment
  • Sign Application / Debt Review Forms
  • Nationwide assistance via Email / Fax

Copyright © Credit Care 2020 - 2024. Accredited Debt Counselling company Registered with the NCR - NCRDC3422