Managing Your Debt
Debt Consolidation Loans for People Under Debt Review
The National Credit Act (NCA) introduced debt counselling as a formal debt relief measure whereby a debt counsellor determines whether a consumer is or unable to satisfy, in a timely manner, all the obligations under all the credit agreements to which the consumer is a party.
The Role of NCR Debt Counsellors in Managing Debt
A Debt Counsellor is defined in terms of the National Credit Act regulations as a natural person who is registered by the National Credit Regulator (NCR) in terms of section 44 of the Act, offering a service of debt counselling.
Credit Scores for People Under Debt Review
Can one get a credit score when under debt review? Credit scoring is not possible for people under debt review. Under normal circumstances, there is a flag on a consumer’s profile.
What is Debt Administration and How Does It Work?
Find out more about how debt administration works and why it was initially used. See why debt counselling is the better option to solve your debt.