It is best to work with NCR registered counsellors when you want to solve your debt problems. According to the NCR (National Credit Regulator), there are about 20.08 million consumers of credit in South Africa, and out of that colossal amount of credit consumers, just a little portion of 10.55 million credit consumers are able to pay off their debts on time and remain in good standing.
It is no secret that debt is quickly becoming a common problem in South Africa. This is because over 9 million active credit users have poor credit records. This simply means that these credit users have missed their monthly debt repayments up to three times or more! Or they currently have an administration order, adverse listing, or judgement order.
Solve Debt Problems with NCR Registered Counsellors
A debt counselling agency can be of great assistance to credit users who want to solve their debt problem. Just to be sure that you are offered the best possible help, you will need to choose NCR registered counsellors.
With the prevalence of scams and quackery across the globe, it is important that you only choose a debt counselling agency that is experienced, qualified, and committed to helping you get out of debt. NCR registered counsellors are able to explain the whole process of debt counselling in detail. Debt counselling is a closely managed and formal debt solution designed and implemented in 2007 by the National Credit Act (NCA) to ensure that credit users in South Africa are assisted fairly in getting rid of their debt.
Your Financial and Personal Information is Protected
NCR registered counsellors are required by law to keep your financial and personal details confidential at all times. Debt Guides ensures that every possible security measure is implemented and that all clients’ information is kept 100 percent confidential. No client’s information is sold to an external party.
What About Fees?
You may be wondering if the fees charged by a debt counselling agency may leave a dent in your wallet. A debt counselling agency is allowed to charge an array of fees connected with the debt counselling service it offers. However, the fees must be in line with NCR’s established fee guidelines. According to the National Credit Regulator, a debt counselling agency has the ability to charge its clients a debt counselling application fee, counselling fees etc. Reputable debt counselling agencies will not scare you off with outrageous fees; instead they will make the whole process of debt counselling easier for you.
NCR registered counsellors are available to help you with questions or issues that may arise. You should contact Debt Guides if you want to work with financial consultants that are committed to helping you solve your debt problem.