Home   →   Potchefstroom Business Directory   →   New Frontiers Debt Relief Centre
GPS coordinates: lat: -26.701050 - lng: 27.113291


New Frontiers Debt Relief Centre

Address:

8 Mozart Way, 2522 Potchefstroom

Telephone:
0861633725

Fax:
0865799191

Description
Is DEBT breaking your back?
Debt Counselling – “One affordable payment for all your DEBT”
We are the solution!
Debt counseling is not just a solution for the consumer in dire financial situations, if you believe that you are paying too much for your debt or if you STRESS on how you are going to survive during the month, then debt counseling can assist. A lot of creditors will not negotiate or try and understand the circumstances in which a consumer finds himself. Debt Counseling is a legal way to assist everyone who thinks that they are paying too much for their debt.
CONTACT US TO VIA ANY METHOD ABOVE AND WE WILL ASSIST. YOU CAN ALSO MAKE AN APPOINTMENT TO COME AND SEE YOU.

Keywords
Debt Counselling, Debt Review, Debt Solutions, One Payment for All your Debt
Company description
The Government introduced the National Credit Act on the 1st of June 2007. This was done to promote an effective, accessible and fair credit market to protect the consumer from reckless lending and over-indebtedness, as was the case prior to the inception of the NCA.
The new Act introduces registered and regulated debt counsellors who have the expertise to assist and guide consumers experiencing debt problems. Furthermore they can devise debt restructuring plans, enabling the consumer to manage their monthly debt obligations more effectively.
Debt counselling is the ideal solution for the consumer in dire financial situations. Debt included in the process is credit cards, store accounts, personal loans, overdrafts, hire purchases, vehicle instalment agreements and bonds (home loans).
Our consultants assist the consumer by calculating an affordable monthly budget and thereby restoring the consumers control over their financial well-being. We at New Frontiers assist in giving confidential advice and one of our registered debt counselors will be able to assist with all questions.
 
The Debt Counselor must assess if you are over-indebted. The process is as follows:
Step 1 : Provide details to the Debt Counselor. This can be achieved by supplying
* copies of pay-slip, * ID
* the latest statements of all your debt.
* 3 months bank statements
* Application form
Step 2 The Debt counselor will do an initial assessment.
Step 3 During the consultation the Debt counselor will verify your budget and your existing debt commitments.
Step 4 The Debt counselor will contact all your Credit Providers as well as the credit bureaus to verify your debt.
Step 5 The Credit Providers may accept the proposals and if all of them do then a consent order will be obtained from a magistrate court.
Step 6 The Debt Counsellor will provide you with a final repayment plan and this repayment plan is also submitted to a Payment Distribution Agency (PDA).
Official Data

Other Businesses: