Creating a debt management plan with Control Debt can help you get out of debt, and reduce your monthly payments towards your debt accounts. Control Debt Registered debt counsellors are professionals who help people who are struggling with debt. They are registered with the National Credit Regulator (NCR) and are bound by the National Credit Act (NCA).,
Control Debt Registered debt counsellors can help you in a number of ways, including:
- Negotiating with your creditors: Control Debt Registered debt counsellors can negotiate with your creditors on your behalf to try to get lower interest rates, reduced monthly payments, or even debt cancellation.
- Creating a debt management plan: Control Debt Registered debt counsellors can create a debt management plan for you that will help you to repay your debt in a manageable way.
- Help you with the application for Debt Counselling.
- Monitoring your progress: Control Debt Registered debt counsellors can monitor your progress and make sure that you are staying on track with your debt management plan.
- Providing financial advice: Control Debt Registered debt counsellors can provide you with financial advice to help you to manage your money more effectively.
- Encouragement to help you with the debt counselling process and payments management.
When you have a newly created debt management plan, the debt counsellor uploads this plan on debt management software of the PDA ( Payment Distribution Agency). A PDA works with the debt counsellor and distributes the installment you pay each month to credit providers. DC Partner www.dcpartner.co.za is the payment distribution agency that Control Debt use.
if you are struggling with debt, Control Debt – Registered debt counsellors can be a valuable resource for debt management. They can help you to get your finances back on track and to achieve your goals to become debt free again!
Here are some of the specific services that Control Debt Registered debt counsellors offer:
- Debt review: Control Debt Registered debt counsellors can help you to apply for debt review, which is a legal process that can help you to get out of debt.
- Debt Restructuring: Control Debt Registered debt counsellors can help you to restructure your debt into a single monthly payment, which can make it easier to manage your finances.
- Budgeting: Control Debt Registered debt counsellors can help you to create a budget and to track your spending, which can help you to manage your money more effectively.
- Debt & Financial education: Control Debt Registered debt counsellors can provide you with debt & financial education, which can help you to make better financial decisions in the future.
If you are considering using a debt counsellor, there are a few things that you should keep in mind:
- Make sure that the debt counsellor is registered with the NCR: This will ensure that the debt counsellor is qualified and that they are bound by the NCA.
- Ask about the debt counsellor’s fees: Debt counsellors typically charge a fee for their services, so it is important to understand what these fees are before you sign up.
- Read the debt counsellor’s contract carefully: This will help you to understand what you are agreeing to and what your rights are.
If you are struggling with debt, Control Debt Registered debt counsellors can be a valuable resource. They can help you to get your finances back on track and to achieve your financial goals.
Contact the Debt Counsellor here: info@controldebt.co.za