DebtSorted

Over-indebted consumers advised to consider debt counselling

Debt counselling was introduced in the National Credit Act (NCA) in 2007 as a debt relief measure intended to assist over-indebted consumers struggling to keep up with repayment commitments. Since then, consumers could restructure debts to make repayments manageable

South African consumers are drowning in debt as a result of the rising cost of living. Over 10 million South Africans are credit impaired and have missed more than 3 payments in a row. More and more people are turning to DebtSorted in order to eliminate unpaid debt and to attain financial freedom.

Debt is a real drag. Wouldn’t it be an amazing feeling to not have to borrow? It’s a race to see how fast you can shed that debt, especially the high-interest stuff.

www.debtsorted.co.za