Excellebt Debt Advisors is a Registered Debt Counselling Firm.We Protect You and We are registered with the National Credit Regulator (NCR). Registration number: NCRDC3871. Feel free to confirm our registration by searching for Excellent Debt Advisors on the NCR website.
Since the National Credit Act (NCA) prescribed debt counselling as a legal debt relief process, Excellent Debt Advisors has guided a huge number of consumers out of depression, poverty and stress of the debt trap.
We will protect you and your possessions from credit providers and debt collectors, harassing you and threatening to take away your homes and cars. You are safe in the capable hands of Excellent Debt Advirsors.
By tailoring your debt repayment plan to suit your personal circumstances, we’ll ensure you can more than afford your monthly living costs with ease.At the same time, you will also be able to cover your monthly instalments, interest rates and our debt counselling fees comfortably – as these will be built into your affordable plan.As a registered firm, our fees are regulated by the NCR, so you can rest assured these charges will always be reasonable and fair.
Excellent Debt Advisors has well-established relationships with many Major Credit Providers, enabling us to quickly and efficiently negotiate beneficial Debt Repayment Terms for our Clients. Just one of the many reasons our Financial Rehabilitation success rate is so high.
You don’t have to come into our offices to apply for Debt Review.All South Africans have access to our Debt Review services online, with our quick, easy online application process, which can be finalised over the phone and via e-mail.As a key contender in the SA Debt Review industry, Excellent Debt Advisors is well-liked for its commitment to service excellence. As such, our Professional Consultants are at the top of their game.
Submit your details to us using our online contact form to get a phonecall from one of our bright, switched-on Consultants on the same day, during working hours. Only to be guided step-by-step through the rest of our quick, easy application process over the phone and via email.
First, your Consultant will establish what your expenses and income are on an average monthly basis. If you spend more than you make, this means you are over-indebted and qualify for Debt Review.
Next, we’ll let all of your Credit Providers and the Credit Bureaus know that you are entering Debt Review with One Plan Debt Solutions. As follows, your Credit Providers won’t be able to take legal action against you for 60 working days.
After asking your Credit Providers to send over a Certificate of Balance (COB) for all of your accounts, we’ll draw up a reorganised Debt Repayment Plan for you.
Then, we’ll negotiate with your Credit Providers to have your monthly instalments and interest rates reduced. We’ll ensure you can afford to cover your monthly living expenses, as well as stick to your more manageable reorganised Debt Repayment Plan.
Our Specialist Attorneys will apply to the Magistrates Court to have your reorganised Debt Repayment Plan declared a Court Order that is legally binding. Your Debt Counsellor will be the Applicant on your behalf, so you won’t have to appear in Court.
All you have to do is pay in your new lower debt repayment once a month on time. Then, you and your assets will be completely protected and you’ll be on your way to becoming rehabilitated back into the credit market.
A Payment Distribution Agency (PDA) will distribute your monthly payments to all of your Credit Providers. We’ll monitor these to make sure everything remains smoothly on track and provide you with monthly aftercare, such as financial advice and budgeting guidance.
You don’t need to worry about paying for our debt counselling fees, as these will be included in your reorganised Debt Repayment Plan and come out of your new lower monthly payment.
Once you’ve settled all of your debts, Excellent Debt Advisor will issue you with a Clearance Certificate and instruct the Credit Bureaus to remove the Debt Review status from your Credit Record. There you have it – DEBT FREE!
