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LOAN CONSOLIDATION | DEBT PROBLEMS | DEBT CONSOLIDATION ADVICE | DEBT COUNSELING
Get Informed About Debt Relief

Debt Relief is used to effectively bring together the outstanding amounts of all the loans that you have taken from various banks and other money lenders such as retail shops, credit cards and home loans into one single consolidated loan account. The advantage of a single debt loan account that you have consolidated your debt into is that you have a new the opportunity to start over again financially with a new banking institution who would look at your monthly repayments based on your current earnings from your monthly salary with this new figure they are then able to provide you with a personal loan and group all of your outstanding debt into one account. It is even possible to include overdrawn credit card balances into a single loan with the other debt that you could have created over the course of time.

Should you have used this same bank for a previous loan loan, you will be more likely to get a better loan amount you ask for if you made your payments are always made time and with a debit order. If you are not able to provide the relative credit information, you will be able to possibly apply for a smaller personal loan with a but this will no doubt have a higher interest rate than the original personal loan that you used for the credit, or even worse the bank could decide not to grant you a personal loan to pay of your credit card.

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Are you tired of living in debt?

Are you stressed about next week's pay-cheque?

Like many South Africans you may be worried about how you're going to get your salary next week to pay all the bills. It just seems completely impossible, and the banks and stores keep shouting for payments and you really don't know what to do. If you are short of funds, there are other options. A company such as Wonga offers short-term finance. Many people take out Wonga loans when they don't know where else to turn. Like any loan the most important thingis to have a plan about how to pay it back.

Are the banks threatening to take away your home or car?

Say NO to Bank Repossessions!

With Loan Consolidation we advise in helping people restructure their debt, reduce monthly payments and interest rates and even force the banks to stop repossessing your property!

Take a look at this:
John was paying R7255.58 per month on his house and now only pays R1937.50.
He was paying R3635.52 per month on his car and now only pays R2500.00.
John now pays R6453.50 LESS on his house and car each month!

At Loan Consolidation we would like to help you sort out your financial hassles so that you can carry on with your life! Remember that working with Loan Consolidation is 100% confidential and we protect your assets from repossession.

Are you sick and tired of calls from banks and creditors early in the morning? Or even late at night and throughout the day? Do you feel like they're trying to squeeze blood out of a stone and no matter how hard you try it just isn't enough for them? Do you feel that if they would just leave you alone you'll actually be able to concentrate on working on a solution? Don't Give Up!

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Some large corporate companies may not look too study your credit rating too much as they know that you are getting this loan in order to take care of your retail shops, credit cards and home loans into one single loan account. These loans are applied to salary based people who take out an unsecured personal bank loan route for a means to consolidate of various outstanding debt, so if your credit record is poor, you may wish to approach a lending company that will provide you with short term finance to pay small loans.

What is Over Indebtedness?

According to the National Credit Act, you are over indebted when you are unable to satisfy in a timely manner all your obligations under all your credit agreements. By choosing a loan consolidation or debit recovery you have taken the first steps towards financial stability. This will help you take back control of your life, ease your financial woes and have you well on your way to becoming debt free as soon as possible

What Is Debt Counseling?

Debt counseling is a professional service provided for over indebted consumers. Its a process regulated by the new National Credit act provides you, the consumer, with greater protection against creditors wishing to take legal action. The goal of Debt Counseling is to develop a repayment plan that is affordable and acceptable to your outstanding creditors. This replacement plan will however still enable you to meet your basic living expenses.

What Are The Benefits of Debt Relief

  • Clients start to pay off only one affordable monthly loan at a set installment.
  • You will still have sufficient funds left for your normal monthly to month lifestyle
  • By law your creditors will be barred from taking legal action against you in respect of the debt that you are under review for and therefore you will not loose your assets.
  • You will no longer receive unpleasant and threaten phone calls from your creditors
  • You will be able to once again take control over your financial well being.

Loan Consolidation.co.za is an information web site designed helping South Africans looking to apply for finance quickly and easily from regulated South African financial credit providers and does not provide any loan assistance its self.

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