Posted on September 14th, 2010 by zenia
Tips For Managing Debt
Managing debt before it becomes a problem is better than having to look for a solution. Debt review is one solution that will help you get of debt, but before it gets to that – here are a few tips for managing debt:
• Only take out loans for essentials such as university fees and for your home.
• Don’t lease a vehicle or purchase one with a residual value. It is never yours as you are in a consumer rent agreement and have to pay the residual after the contract period as well or return the vehicle. You end up paying a fortune for the car and if you need to go under debt review will not be able to include the monthly lease in the debt review because it will be considered a service contract.
• If you have to purchase a vehicle on finance, buy cheaper rather than more expensive. You want a low interest rate and want to ensure that you will be able to make the monthly instalments without struggling to do so.
• Don’t take out personal loans or payday loans as such have high interest rates.
Contact us for more tips for managing your debt.
Contact Details:
Contact Number:
012 253 1231 or 083 450 2251
Fax Number:
086 615 6722
Email:
Jacques@drssa.co.za
Website: http://www.xdebt.co.za
This free i Lead Online posting about X-Debt was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileaddebt.co.za/advertise . You can also advertise for free on the following sites:
Debt Management Courses, Managing Your Cash and Manage Debt
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Posted on April 25th, 2010 by admin
Once your application for financial debt counseling has been successful your debt counsellor can go to work helping you to clear your debt. The first thing that a counsellor will do is negotiate lower interest rates and settlement amounts with your creditors. They will then eliminate any unnecessary expenditure from you budget to free up funds that can be paid to your creditors. A repayment schedule will be drawn up that will suit your new budget and sent to the National credit Agency. You will then pay one monthly instalment to the National Credit Agency, who will then redistribute the money to the relevant creditors. This means that not only will you be able to afford to meet all your financial obligations with one payment; you will be able to repay your debt quickly and conveniently.
Contact Details:
Tel: 0861 738 439
Fax: +27 86 548 1415
Email: info@cleardebt.co.za
Website: www.cleardebt.co.za
This Debt posting about Clear Debt was sponsored by I Lead Debt South Africa. Should you wish to list your Debt services for free on this website then contact I Lead Debt today: info@ileadrehabilitation.co.za. www.searchengine.co.za also offers free listing services similar to I Lead Debt.
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Posted on April 23rd, 2010 by admin
If you are in the process of receiving debt relief solutions, it is important that you understand what this means for you. Although the debt review process is there to protect you, the consumer, there are certain procedures that you must adhere to. Your debt counsellor will contact all your creditors and the relevant credit bureaux in South Africa to make them aware of your debt review status. You will then have to destroy any credit or store cards in your possession to prevent you from creating more debt during the process. You will also not be able to enter into any new credit agreements during the debt review period.
Contact Details:
Tel: 0861 738 439
Fax: +27 86 548 1415
Email: info@cleardebt.co.za
Website: www.cleardebt.co.za
This Debt posting about Clear Debt was sponsored by I Lead Debt South Africa. Should you wish to list your Debt services for free on this website then contact I Lead Debt today: info@ileadrehabilitation.co.za. www.searchengine.co.za also offers free listing services similar to I Lead Debt.
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Posted on April 21st, 2010 by admin
There are many misconceptions regarding debt review services. The process does not eliminate your debt but restructures your finances and credit agreements with your creditors so that you can afford to settle your debt quickly and easily. It is important to note that you must keep paying your creditors once you have applied for debt counselling as your application may not be successful. You will know if you have successfully entered the debt review process when you receive a notice to pay a monthly instalment to the National Credit Agency. The NCA will then redistribute you payment to your creditors. Although you will only be paying one amount your creditors will continue to receive money until the debt is settled.
Contact Details:
Tel: 0861 738 439
Fax: +27 86 548 1415
Email: info@cleardebt.co.za
Website: www.cleardebt.co.za
This Debt posting about Clear Debt was sponsored by I Lead Debt South Africa. Should you wish to list your Debt services for free on this website then contact I Lead Debt today: info@ileadrehabilitation.co.za. www.searchengine.co.za also offers free listing services similar to I Lead Debt.
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Posted on April 20th, 2010 by admin
Many people do not have the skills to manage their finances correctly and end up in a deep black hole of over indebtedness. It is just too easy to apply for a credit card and everyone knows that the more credit you have the more credit you will be offered. If you are in the position where you cannot meet your monthly credit card payments, it may be time to learn credit card debt management skills. A debt counsellor can assist you in clearing your debt and teaching you how to take care of your finances. Remember that you credit card institutions will always be open to negotiation as they would rather receive some money in lieu of your debt than receive no payments at all.
Contact Details:
Tel: 0861 738 439
Fax: +27 86 548 1415
Email: info@cleardebt.co.za
Website: www.cleardebt.co.za
This Debt posting about Clear Debt was sponsored by I Lead Debt South Africa. Should you wish to list your Debt services for free on this website then contact I Lead Debt today: info@ileadrehabilitation.co.za. www.searchengine.co.za also offers free listing services similar to I Lead Debt.
Filed under: debt consolidation, debt counselling, debt review, debt solutions | No Comments »
