The National Credit Act Since the release of the National Credit Act in June 2007, consumers are now afforded the opportunity to apply for Debt Counselling as a debt rehabilitation program. .

Under the National Credit Act, debt counselling allows consumers to enjoy the convenience of paying off their debts with a single monthly payment, making it easier for you to manage your finances.One Excellent Debt Advisors is here to enable people to live their lives comfortably, without having to worry about the consequences of past debts.

The National Credit Act prescribes debt counselling as a legal remedy for over-indebtedness. Excellent Debt Advisors acknowledges all credit agreements that our clients have entered into and looks at consumers credit profiles holistically. Debt counselling offers immediate protection from creditors who want to take legal action against our clients, so that they won’t end up losing their assets.

Excellent Debt Advisors is debt counsellors are registered with the National Credit Regulator (NCR), meaning that we adhere to the rules and guidelines set out in the National Credit Act, which are specifically designed to protect you, the consumer.Predatory lenders take advantage of consumers who are in desperate financial situations by approving credit that they are unable to pay back. As a result, they end up barely being able to make ends meet because of exorbitant interest rates and unrealistic repayment fees