HOW WE DO
As part of our professional debt review process, we negotiate with your credit providers for a reduced monthly instalment as well as a reduced interest rate. You make one consolidated monthly payment, which is then distributed to your credit providers.
Debt review was introduced by the NCR in 2007, is a negotiation process for consumers who find themselves unable to maintain their payments to their credit providers as well as their basic living expenses.
Debt review process
You do not pay your monthly instalment to the credit providers or to the debt counsellor – it is paid into a trust account of a Payment Distribution Agent, put in place by the NCR, who then distributes the funds to the credit providers.
Consolidation of debt
Consumers that have bad credit, low credit scoring and have no access to credit or consolidation loans, can apply for debt review.
Get in touch
TERMS AND CONDITIONS
We will call you back Monday to Friday between 08h00 and 17h00. Your contact details will not be used for any other purpose than contact between you and Debt Central.
9C Kerk St Malmesbury
Office number : 0871 500 132