fbpx

Debt Counselling

The solution lies in combining or consolidating all your instalments into one single debt repayment that protects your assets and gives you immediate money relief to better attend to your living costs.

Are you struggling with:

Elevate

Overwhelming debt.

Elevate

Sudden income reductions.

Elevate

Unexpected financial costs and pressures.

The Benefits of Debt Counselling with CreditSmart, a NCR-Approved Company:

  1. One single and affordable instalment.
  1. Calculated instalment on how much you can afford.
  1. Consolidation happens without additional loans or debt.
  1. Credit providers cannot take legal action against you.
  1. Interest rates are reduced, helping you to get out of debt faster.
  1. Credit Profile can slowly but surely be rebuilt after the process.
  1. You get dedicated Debt Advisors who will be there for you all the way.

Our Debt Counselling Journey Map for your Success!

Frequently Asked Questions

What is the first step in the Debt Counselling process?
The first step is to contact a registered Debt Counsellor who will assess your financial situation. They will review your income, expenses, and debt obligations to determine if you qualify for Debt Counselling and to create a repayment plan tailored to your affordability needs.
How long does the Debt Counselling process take?
The duration of the Debt Counselling process varies depending on the amount of debt and your ability to make repayments. Typically, it can take anywhere from a few months to several years to complete, but your Debt Counsellor will provide a clear timeline based on your specific circumstances.
Will my credit score be affected by Debt Counselling?
Yes, entering Debt Counselling will be noted on your credit record. However, this is a temporary measure and once you have completed the process and settled your debts, this notation will be removed. The long-term benefit is that you will have a clean slate and improved financial health.
Can I apply for new credit while under Debt Counselling?
No, while you are under Debt Counselling, you are not allowed to take on any new credit. This restriction is in place to help you focus on repaying your existing debts and to prevent further financial strain.
What happens if my financial situation changes during the Debt Counselling process?
If your financial situation changes, whether it improves or worsens, you should inform your Debt Counsellor immediately. They can reassess your repayment plan and make necessary recommendations or voice creditor adjustments to ensure the payment plan stays affordable and sustainable for you.

What Our Clients Say

Get out of Debt, the #CreditSmart way!

Our solution can restore your credit profile and get you out of debt:

  1. Improved Monthly Cash Flow
  1. Remove Debt, Anxiety & Financial stress.
  1. Get rid of Creditor harassment calls & threats.
  1. Not keeping up with payments. / In arrears with your accounts already.

CreditSmart is here to help you take back control of your financial situation through various products and services specifically designed to address each phase of the credit to debt life cycle.

"

Get A Free, No-Obligation
Debt Relief Consultation

1 + 6 =