What Can A NCR Debt Counsellor Do For You?

Contact a NCR debt counsellor in Cape Town today if you feel you do not know how to cope with letters of demand, phone calls from creditors, credit cards that are out of control and if you feel you are basically drowning in debt.

A NCR (National Credit Regulator) counsellor can help to put a stop to the downward spiral of your world and find a way to restore balance and order to your life. The first step is to accept that you need help with the situation that you find yourself in and ask for it. A counsellor will access your information from the credit bureau; explain the process and what documentation is needed.

How Does Debt Counselling Work?

For debt review, the documentation you’ll need is:

  • Your RSA ID book
  • Your proof of income
  • A bank statement
  • A list of your household expenses
  • Your dependants
  • A list of your debt and creditors.

Once you are under debt review all pertinent parties (NCR, creditors and credit bureaus) are informed by the agency – you don’t have to do this! Your creditors will thereafter no longer trouble you as a Payment Distribution Agency (PDA) will be allocated to you to keep contact with your creditors and distribute payments to them.

If any creditor does not accept the proposed payment plan, your counsellor will take the matter to court for a decision. You are allocated a portion of your income to live on and you pay an amount to the PDA to pay your creditors. Once all agreed payments are fulfilled you will be issued with a clearance certificate. A copy will be sent to all your creditors, the NCR and credit bureaus and within 5 days your credit record will be clear.

Cape Town NCR Debt Counsellor

The consultants at One Debt have many years of experience in the financial sector and show a real empathy with those who find themselves in the unfortunate position of over indebtedness. Engaging the services of a NCR debt counsellor in Cape Town like One Debt could well be the new start to a debt-free, stress less chapter in your life.