The National Credit Act 34 of 2005 came into full effect on 1 June 2007. The Act was designed to regulate the credit industry and to protect the consumer. More importantly, there is provision for the Debt Restructuring of consumerís monthly budgets in the event of Over-Indebtedness. In terms of the Act, all Debt Counselors are regulated by the National Credit Regulator (NCR), a department within the Department of Trade and Industry.

Being over indebted simply means your expenses are greater than your monthly income. In other words, you cannot afford to pay all your debt.

 
   
 
 
A Solution to your Debt problem
Advice in accordance with the National credit Act
No additional costs for advice
Single monthly installment to pay all your creditors
Personalised solution in line with your personal financial position
Assistance during application for Debt Counseling and after care until you out of the debt review   process
Mediation with all your creditors with regards to your outstanding credit balance & interest
Assistance with the identification possible reckless lending & unlawful provisions in your credit   agreements
Monthly up to date progress reports on all your credit balances after distribution
 
   
Office:
Rita Gronum
Lily Fourie
Marisa Fourie
:
:
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:
018-468-8846
079 447 9180
082 871 0348
079 522 8272
   

rita@kdexperts.co.za lily@kdexperts.co.za

   
   

 
 

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