Let Rescue your Debt

The major proportion of our client go through debt mediation, this is the most low-cost and easy process that eliminates. It also enables the client to recover credit worthiness far earlier, and start off afresh. We recommend that regardless of the process that you are considering, it is advisable to discuss the process that is best option for you.

We acknowledge that the above NCR act provides a legislated remedy for over indebted consumers but we wish to bring to your attention the fact that debt review that a consumer explore alternate debt relief mechanisms.Debt review is a voluntary payment arrangement to pay their account. It is the responsibility to all credit providers to act in good faith in the Debt review process all negotiations should be designed to result in a responsible debt re-arrangements plan for their client.

Fees

Pay plan solutions has indicated distressed consumers normally use our services for an average period of 6 months before they terminate with us and continue making the normal payments direct with their credit providers. Our fees are built into the payment process and you never have to pay anything up front. This offer immediate relief to you, the client, where we can sometimes reduce your payments up to 40% of the original total.

Credit Report

There are several credit references agencies in South Africa, the two best known credit reference agencies are Pay plan solutions and My Financial Help. You can access your credit file from them by clicking on this name. For more information contact us: 0215540708

Debt Counselling Agencies in South Africa

Debt counselling agencies in South Africa provide a range of services for people in financial difficulty. One of the best services they offer is help with discovering the best way to pay off your debts through managing debts program. A debt management program is designed to help you to pay off your debt.

Creditor usually agrees to cooperate in putting your debt management to plan to work. In some cases, your creditor may agree to reduce or eliminate the interest rate and/or fees on your debts. It is important to understand that not all types of debt are covered by this type of program. For example, secured debts (those guaranteed with an asset, like a car loan or a mortgage) are generally not covered because the asset that secure the loan can be repossessed by the creditor if you don’t make the required payments. Make sure that any debt counselor explains exactly which of your debts.

Your creditor may help you reduce your debt by giving you a lower interest rate-which will save your money. But the agency may charge you for its services. The services that debt counseling agencies offer can vary greatly and so can the costs.

The Pay plan Solutions aims to help you manage your money better and make informed choices. Check to help you make the most of your money and provides a personalized action plan. Debt counseling services are established by NCR 2005 for helping the people who are difficult to manage finance.

If you are having difficulties to manage your debts, contact a debt counselor as soon as possible. They can help you come up with a plan to sort out your money problems. Free phone helpline and online resource providing confidential advice on how to deal with debt problems. Tel: 0861 626 859

Dealing With Challenges of Debt

Do you ever wake up at night worried about the financial setbacks and conflicts that you’re having with your creditors? If you are in debt, you should be working to clear all indebtedness during the year. There are lots of debt solutions available- which one is comfortable for you it depends on your circumstances.

Only knowing how much you owe and how much you earn is not enough for get out of debt. You must learn how to less the amount, stop buying on credit, eventually you will be debt free. Otherwise, debt counseling services are available, but may be different from province to province. Contact with Debt counseling company to find out how to get in touch with such a services. If you have difficulty making a budget and sticking to it, counselling may help you.

The Get out of debt! Series contain all of elements you need to consider to get out of debt and improve your financial well-being. Excessive spending is the primary cause. It has become as addictive as alcohol or drugs in this South Africa. In most cases, short term fixes won’t make their debt problem disappear. To determine if you have a problem, check the following warning steps. 

Ø Always juggling payments or stalling one creditor to pay another.

Ø Charging more each month than you make in debt payments and having more than five credit cards.

Ø Always running out of money before payday and bouncing checks on a recurring basis.

Ø Paying the bare minimum allowed on your debt (e.g., Credit cards) every month.

Debt counseling company can offer you help and advice to help you priorities and deal with your debt and stay on track. And also offer the budget planner that cans you use. Call the National helpline on Tel-0215540708 for free confidential advice on the financial help available

https://www.youtube.com/watch?v=V_Z_n0Ifd1o&feature=youtu.be

Action to reduce your debt

Many people having difficulties from economical debt have an extremely no idea perfectly how much they owe. If you are affected by large bad debts, you may need to get economical debt help to take care of your and returning on strong economical ground. There are a lot of help available to get your finance returning to normal. If you can’t fulfill your routine bank cards or payment and you’re unable behind, it’s easy to feel incapable and do nothing. Debt counselling can be described as a process whereby a customer who is over being affected by debt is applicable to have his per month credit score responsibility reduced.

1.         put your economical debt in written: What is important is that you have gone to make. Sit down and indentify specific objectives, then create them down. The key is to be realistic: you’ll have to make some forfeit. It’s hard to modify your way of life too considerably, and often, little modification can add up to big saving.

2.         Improve your rates: The fastest way to preserve big on your bank card debt is to settle a lower interest rate. If you can cut off even an amount point or two, you can preserve your thousands as you pay off your economical debt.

3.        Debt Counseling: Consumer Credit counselors are sometime better skilled at negotiating lower interest rates and payment from your creditors. It provides debt solutions for the consumer’s current debt commitments. The debt advices and first discussion are free and are designed to bring debt relief by reducing the very creditor’s payment

.

4.         Consolidation loans: Consolidation loans are two types: Secured and Unsecured loan. Securing your debt is the process by which you increase your home loans and settle all your unsecured debt. If managed responsibly, it can be a solution that provides not only lower rates than you current unsecured debt. If you’re dealing with multiple debts, you may want to consider debt consolidation, or combining all of your debts into single loans.

We are experienced and successful financial attorneys and negotiators whose goals are to give clients superior service in satisfying their debts. Pay plan solutions team is aggressive in negotiate on your behalf to obtain the best settlement that typically result in you paying less than half of your original balance. For your first FREE assessment, fill in your contact details and one of our associates will be in touch with you shortly to give you all the necessary information visit us : http://payplansolutions.co.za

Avoid Debt Trap

Debt is a fact of life; Debt comes in many shapes and forms, which include mortgages, credit, and debit cards. The original idea behind lending credit was to help people to buy something they needed, important, education etc. As a college student, you are a prime target for financial institution that may use confusing, invasive, and sometimes even misleading practice to recruit you to buy their products and make them money through fees and other charges.

Debt counseling will help you to deal with your debt. They will deal with your creditors and come to an agreement that allows you to cover your living expenses and apportion the remainder of your available funds to your creditors. Debt counseling offers people who are over-indebted a way to negotiate a more affordable repayment plans with their creditors. There are no limitations on who can use debt counseling- anyone can apply to debt counselor for debt review.

Ways to debt free

Ø  With debt counseling you don’t have to lose your house or your car through illegal or irresponsible repossessions.

Ø  In debt counseling you don’t have lose your financial reputation by being sequestrated.

Ø  Restructure your debt to come up with a workable and sustainable repayment proposal.

Ø  Become debt free with the help of debt counselor who has been trained and certified by NCR.

Ø  If you are over-indebted you qualify to get help with your debt through the National Credit Act.

  

You will achieve debt freedom with a well structured by debt counselors. As soon as possible you’ll have

workable payment plan and be on your way to being debt free. For your first assessment, fill in your contact

details and one of our associates will be in touch with you shortly to give you more information visit us : http://payplansolutions.co.za

https://www.youtube.com/watch?v=IqXn2KA2dXw&feature=youtu.be