FAQs
What is debt review?
Debt Review is a formal and legal process put in place to assist individuals who are struggling to pay their debt. Through debt review, you will be provided with legal protection from your creditors, allowing you to make reduced monthly payments while still meeting your living expenses.
Are there any costs involved?
At our company, we offer a convenient and transparent payment structure for our clients. You will only be responsible for one reduced instalment, which already includes our fees. There are no additional or upfront costs to worry about.
How long is debt review?
Debt Review is designed to help you become debt-free within a maximum of 60 months. However, if you choose to make additional payments, you can shorten the term and speed up becoming financially free.
Is it possible to take on additional debt while currently being under debt review?
As a client that is under debt review, it is important to note that you will not be able to apply for additional debt during this process. Debt review is specifically designed for individuals who are over- indebted and struggling to meet their current debt obligations.
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