Our simple Online Application process makes pre-approval possible in 24 hours
One Manageable Monthly Payment at fixed Interest rates over terms you can afford.
Installments are repaid over terms that will suit your pocket.
One installment means that you know how much you will be repaying each month.
INCREASE CASH FLOW
More money available monthly for living expenses, entertainment, savings and investment.
Credit Solution 1: DEBT CONSOLIDATION
Debt Consolidation is a Credit Solution that entails consolidating debt into one repayment. This creates a more manageable monthly payment. Monthly installments are reduced and terms extended. The consumer can also request early settlement discounts .
At Negociate Credit Solutions, we know how difficult it is to deal with a large amount of debt, struggling to keep on top of paying various Credit Providers each month.
We are fast and flexible when it comes to creating a suitable Debt Consolidation Plan that matches your specific needs and budget. You can also benefit from early settlement discounts of up to 20%. We will work directly with you to analyse your current financial situation and to provide the best way forward.
With our professional solutions, you will be in a position to repay existing debt instantly and get a competitive interest rates and repayment terms that suit you. Consolidate credit card debt and Loans in two ways, through Bond Consolidation or Debt Review.
Want to know more about Debt Consolidation?
Let us conduct a free of charge, no obligation Debt Consolidation Assessment to determine if you qualify. You will receive a free copy of your Credit Report and a detailed Debt Consolidation Assessment of how the process works, including costs and conditions. This is our pre-qualification process for this Debt Solution.
The Application Form will only be sent to you once you understand fully how the Debt Consolidation works and only after we have answered all questions to your satisfaction.
There are no upfront costs or charges and so you have nothing to lose by making an informed inquiry about Debt Consolidation, which can only improve your current financial well-being.
Bond Consolidation is an option that is available to existing Home Owners who have built up equity in their property and can therefore use this Equity to settle short-term unsecured debt and vehicles.
What is Equity and how much do I have? Equity is the difference between the current market value of your property and what you still owe on it.
This difference is used to Consolidate higher interest unsecured short term debt like clothing accounts, credit cards, loans, overdrafts and Revolving Credit Plans, as well as secured short term debt like vehicles.
The opportunity also exists to access the equity for renovations, instead of financing renovations with high interest loans.
Short term debt is consolidated into the home loan at lower interest rates and longer terms, reducing the overall monthly repayment to debt and therefore freeing up income for living expenses
With personal debt levels rising in South Africa, many Home Owners have turned to Bond Consolidation in an attempt to better their financial situation.
We only grant 70% Bonds. Therefore if your property is worth R1000,000.00 currently, then a bond of R700,000.00 will be granted. Make sure that the difference between what is owing and what we grant you is enough to consolidate all of your debt.
We will only consider granting you the Bond if all of your debt is settled in the process.
At Negociate Credit Solutions, we know how stressful it is can be to negotiate Debt Settlement values with your Credit Providers. It is not only time consuming but extremely frustrating too.
We are fast and flexible when it comes to creating a suitable Debt Settlement Plan that matches your specific needs and the lump sum that you have to settle your debt. You will benefit from early settlement discounts of up to 20% with current debt, and up to 50% with debt that is handed over to collection agencies. We will work directly with you to analyse your current financial situation and to provide the best way forward.
A lump sum of money is paid to settle debt earlier than the original contractual agreement. This lump sum can come from a pension pay out, inheritance, retrenchment package or bonus.
By doing this you not only benefit from the future interest that you would have paid, but also from potential discounts that Credit Providers will grant you for settling the debt earlier.
The Advantages of Debt Settlement becomes clearer when you compare total outstanding debt and the costs involved in paying off that debt under your normal contractual agreements.
When you also consider all the interest you would have paid your Credit Providers and the number of years it would have taken to pay that debt off, the savings from Debt Settlement increase exponentially.
Credit Solution 4: DEBT COUNSELLING & DEBT REVIEW
One of the many Debt Solutions we offer is Debt Counselling. This solution helps ease your financial stress and address your financial concerns. A financial wellness plan is developed that is not only approved by your Credit Providers, but also reduces your monthly debt repayment quite substantially. This is done by consolidating all your debt into one manageable installment at lower interest rates.
Debt Counselling, Credit Counselling or Debt Review was setup by the National Credit Regulator and Credit Providers, when the need arose to assist consumers who had become over-indebted due to the Global Financial Crisis of 2008.
This is a legal process whereby you and your Credit Providers come together through a Debt Counsellor. All parties concerned then collaborate on a new affordable repayment plan in which your current contractual obligations are renegotiated. The new contract reduces your monthly installment by extending payment terms up to 60 months and reducing interest rates to as low as 5-10%.
Multiple Credit Provider payments are consolidated into one payment which is then paid to a Payment Distribution Agency. This Agency is also setup by the National Credit Regulator to distribute the consolidated payment to each Credit Provider in line with the new re-negotiated contracts.
With a Negociate Credit Solution’s Debt Management Plan, you can look forward to a simple, fast approach in which a new lower installment can be made before your next installment is due. We have been doing this for a very long time and have built up great relationships with all registered Credit Providers in SA.
Since this process allows you and the Credit Providers to work together successfully, you can also look forward to being granted credit again once the process is completed.
Speak to our Debt Counselling Department about your current financial situation. Let us conduct a free, no obligation Financial assessment to determine what your new installment will be. You will also receive a copy of your credit report and a detailed assessment of how the process works. This is our pre-qualification process.
The Debt Review Application Form to start the process will only be sent to you once you understand fully how the Debt Counselling Process works and only after we have answered all questions to your satisfaction.
There are no upfront costs or charges with Debt Counselling and so you have nothing to lose by making an informed inquiry, which can only improve your financial well-being.
Sequestration or Voluntary Surrender allows you to make a fresh financial start, giving you the opportunity to put money away towards your future instead of wasting it on debt that has been handed over to attorneys.
When you are unable to service debt that has been handed over to collection agencies, interest and legal fee charges keep growing. The result is that you will not come out of this vicious cycle of debt and are unable to grow financially due to its overwhelming effect.
When you choose to Sequestrate or Voluntarily Surrender your estate your Credit Report is also cleared after 24 - 36 months. Unlike with Debt Review where is can take 60-84 months before your Credit Report is cleared and you become credit worthy again.
Your expenses exceed your income.
You have shortfalls on assets that have been repossessed, like Vehicles and Home Loans. These shortfalls must be paid back, even though you no longer possess the asset. WIth Sequestration or Voluntary Surrender, the shortfalls are also written off.
Credit Providers have obtained judgements against you.
You have an emolument attachment (garnishee order) on your salary each month.
Credit Solution 6: Credit Score & Credit Report
Your Credit Score is a number from 0 to 999 and is calculated by using all the details in your credit profile. Every time you apply for credit or submit an application to obtain your Credit Report, your latest score will be calculated. Your Credit Score can usually be found on your Credit Report and is an indication of how you manage the credit you have obtained over time.
All Credit Providers, Service Providers and financial institutions will take your Credit Score into account before offering you a loan or other financial products.
Your Credit Score matters because it reflects how healthy your financial decisions are. Checking your Credit Report regularly means you are able to see how healthy your Credit Score is and also gives you the opportunity to follow up on your accounts if you think that your Credit Report does not accurately represent your financial health.
For responsible financial planning you should take a look at your Credit Report every month. Each Credit Bureau has an annual subscription to do this. We have an annual subscription where you can get a look at your Credit Report and Credit Score from 4 different Credit Bureaus - all in one report.
Want to know more? Receive your first Credit Report free. If you like what you see you can subscribe to get your Credit Report every month using one of our subscriptions to help you get on top of your credit health all year round.
Personalised service means that you get the best offer based on your current needs, with lower fees at competitive interest rates.
Choose a term that you'll be in a position to repay even in months where there are unforeseen expenses.
By doing this you can be assured of debt success.
So what are you waiting for?
Take these easy steps to become debt free.