Services

Over Indebted?The SolutionCOSTABOUT US

OVER INDEBTED: THE CHALLENGE

You are over indebted when you are unable to meet your monthly instalments on your home loan, vehicle, credit cards, personal loans and store accounts.

Or your debt payments are so high that you do not have enough money for your rising living expenses such as groceries, electricity, water, fuel, transport, school fees etc.

You experience sleepless nights when your application for a new home loan is declined. Your health is affected

Should you or someone you know, find yourself in such a stressful situation, you should contact us now before legal action is taken against you for your home loan or a vehicle or garnishee order against your salary.

THE SOLUTION: DEBT REVIEW

We specialise in Debt Review that is designed to legally assist you. Our offering is a friendly, private and confidential service of analysing your monthly income, expense and debt repayments.

A structured monthly budget enables us to determine an amount that you can afford to pay all your accounts at reduced interest rates. Yes you make ONE consolidated payment for all your accounts. We relieve you from financial pressure by notifying all you credit providers and credit bureaus that you are over indebted.

We negotiate with all your credit providers and to protect you we obtain a Debt Restructuring Order from a Magistrates court. You receive monthly statements for all payments

WHAT ARE THE COSTS?

We know that money is a problem for you.

All we require is a R50 application fee.

Our fee, in line with regulations, and legal cost are built into your monthly repayment plan.

A schedule of cost will be disclosed upfront and provided in writing.

There are no hidden costs.

WHO ARE WE?

We are accredited by the National Credit Regulator and are professional Debt Counsellors since 2008.

We engage specialised attorneys to appear before Magistrates Court; you do not have to go to Court.

WHEN ALL YOUR DEBT IS PAID UP

When you have paid up all your debt we issue a Clearance Certificate, clear your name on all credit bureaus and rescind the Debt Restructuring Order.

You can manage your finances on a sound basis going forward.

EXAMPLE ON HOW WE CAN REDUCE YOUR INSTALLMENT

BEFORE DEBT REVIEW AFTER DEBT REVIEW
Bond R5022 R3657
Credit Card R2426 R765
Personal Loan R465 R250
Revolving Credit Loan R2165 R650
Clothing Store Account R600 R210
R11278 R5532

NCR-Logo

Dee Raghubir –¬†Debt Counsellor(NCRDC420)

Registered with the National Credit Regulator
Certified Associate of the Institute of Bankers in S.A.
Management Development Programme – UNISA
Debt Counselling Assoc of SA
National Debt Mediation Assoc

DOCUMENTS REQUIRED

  • Copy of your bar coded identity document
    (and spouse if married in community of property)
  • 3 month salary advice
  • 3 month bank statement
  • Statements on all accounts
  • Statement of income and expenses
    (joint if married in community of property)
  • Letters, if any, from credit providers, attorneys or debt collectors

ADDRESS


Suite 101, Wakefield House, 79 Crompton Street, Pinetown, 3610

TELEPHONE


031 701 7689
083 284 9338
078 244 9959

FAX & EMAIL


Fax:
086 542 4775

Email:
info@moneymsolutions.co.za