Archive for June, 2009
How To Eradicate Your Debt
Monday, June 29th, 2009So you are in trouble, your debts are becoming un-managable and you are finding it hard to cope. You feel that you have let your family down and fear how they will react if and when they ever find out about the scale of the problem. Does the above sound familiar? There are many people […]
A Proven Means of Reducing Debt or Just a Con?
Monday, June 29th, 2009Consumers are being urged to continue the battle against lenders collecting legally unenforceable debts and many companies are out there claiming they can wipe out your credit card and personal loan debt through a “loophole” in the legislation.Credit Issues is one of the more reputable, Ministry of Justice approved, firms that has successfully challenged in […]
Ways of Preventing Foreclosure on Your Home
Sunday, June 28th, 2009Often people believe that preventing foreclosure involves hiring expensive legal and mortgage experts, but it doesn’t have to be that way. Preventing foreclosure on your own just takes a little of your time and effort, used in an organized fashion. Discover some valuable tips that can help you keep your home, prevent a foreclosure, and […]
What is the Debt Councelling Process?
Sunday, June 28th, 2009
The National Credit Act (NCA) came into effect in June 2007 and with it came the process of Debt Review or Debt Counselling.
The consumer applies for debt review at the debt counsellor or consultant. The consumer must know the debt review process and the fees that go with Debt Councelling. Debt review will influence the […]
How Can I Better Manage My Debt?
Sunday, June 28th, 2009Debt prevention and management is essential to living a stress free life and being prosperous. If you do not manage your debt, you will spend a lifetime making interest payments to credit card companies. Credit cards can be a double edged sword. If they are not used properly, they can lead to debt. But there […]
What is Debt Review?
Sunday, June 28th, 2009The National Credit Act came into effect on 1 June 2007 and with it Debt Review was introduced to the consumer.
Debt Counselling was introduced to provide a mechanism for solving the customer’s problem of being over indebt. It also provides a consistent system of debt restructuring, enforcement and judgement, which places priority on the eventual […]
