 |
|
 |
Do I qualify for a Debt Review?
You will qualify for Debt review if the sum of your monthly living expenses plus your monthly creditor repayments is higher than your combined monthly household income.
|
| |
Will I be charged anything by DebtCompare?
No, DebtCompare offers its services Free of charge to you the consumer. You are also under no obligation to accept any proposal issued to you by the selected Debt Counsellor.
|
| |
What do Debt Counsellors charge for their services?
There is an initial R50 consultation fee. Other fees payable to the Debt Counsellor will be in accordance with pricing guidelines as provided by the National Credit Regulator
|
| |
What do Debt Counsellors do?
Debt counsellors provide a restructuring services which will allow you to meet both your monthly debt repayments as well as your basic living expenses.
|
| |
Which of my debts qualify for inclusion in a Debt Review Process?
All credit agreements can be included provided that there are no judgements against any of the selected accounts. Service agreements may not be included. (Examples of service agreements would be, Mobile phone accounts or Water and Lights accounts)
|