Free Debt Advice
Throughout your life you’re likely to need different financial products. A financial expert can help you make the right decision about the best product for you.
If you’re in debt, it’s important to keep in contact with the people you owe money to (your creditors) and immediately seek help.
Avoid getting judgements, garnishee orders, and being blacklisted for debt, as this can stay on your credit report for up to 30 years. If your creditors realize that you’re falling behind or struggling to make payments, they might assume you don’t want to pay and will start taking legal action against you. The consequences of not paying your debt can be very serious and harm your credit report for up to 30 years, as stated above.
To check if you’ve got enough money to pay off your debt, you will need to work out how much money you’ve got coming into your household (income) and how much you need to spend (expenditure). This is called your budget.
If you don’t have enough money to pay off your creditors, you’ll need to think about your options very carefully.
You can get free help to deal with your creditors from Finance Help 24. We aim to provide the best money saving guides, tips, tools and techniques. Don’t ignore letters or phone calls from your creditors.
Get in touch with us as soon as possible.
Request a callback!
Get in Touch
- 082 587 2163
- Offices: Cape Town / Durbanville / Malmesbury / Somerset West