GPS coordinates: lat: -28.741680 - lng: 24.765249
Debt Wise group PTY
Address:
41 Chapel Street, 8345 Kimberley
Telephone:
08241568270873541277
Fax:
0865046623
Description
Our MissionWe wil deal with your debt in a legal way. Making sure you have more breathing room in a month, and that your creditors are happy with receiving a smaller payment monthly. Debt Wise group have friendly and qualified experts who will listen to your situation and concern's
Debt Wise group is passionate about making a difference in people's life therefore we will go that extra mile to assist you in debt counseling and protect you by law.
We understand that many people feel embarrassed about their debt situation and the fact that they have got into the situation in the first place. We keep your information and debt counseling strictly confidential except from the necessary parties involved.
Debt Wise group is a company that focuses on quality of life and making sure that our clients can experience a better quality of life through our debt relief and counseling program.
Keywords
Financial Advice, Legal Advice, Debt Relief, Debt Counseling, Debt ConsolodationCompany description
About DebtLearn About Debt
1. Don’t ignore your Debt
Resolve to deal with your indebtedness using the means at your disposal
Don’t be threatened or bullied into making promises you can’t fulfill, you have rights!!
Cut down on unnecessary expenses and luxuries
2. Prioritise and pay your debts
Formulate a budget representing all your income and monthly commitments
First pay the bills on essentials like housing electricity and insurance
First pay important debt like your house and vehicle
3. Avoid borrowing to pay off debt
At all costs avoid using credit cards to pay for existing debt
Credit only creates more debt, so don’t take on any extra credit cards or store cards
If you get retrenched use the retrenchment package to pay off debt and make sure that there is no retrenchment insurance
4. Cut down on expenses
Eliminate non-essential items, short term discipline will ensure long-term financial stability for you and your family
It’s a mistake to cancel important car and household insurance policies, rather target luxuries – this will save you a lot of money
Where possible avoid paying others to do things that you can do yourself
5. Start saving
Plan to save money every month- this means paying yourself first.
With the money you put aside, create an emergency fund for unforeseen situations which may arise
Be consistent and accurate with your budget and keep what is left over.
Debt Counselling
According to Section 86 of the National Credit Act, which was approved by Government in June 2007, an alternative to Administration and Sequestration are now available for over indebted Consumers, called Debt Review. Debt Review protects the over indebted Consumer from aggressive Creditors who are quick to take legal action, and are never willing to listen to the Consumers problems or negotiating with the consumer for an affordable solution. In many cases the consumer and the creditor benefits from Debt Counselling.
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