Debt Review Company in Cape Town
Are you looking for a debt review company in Cape Town? Meet True North Debt, your partner in financial freedom. We’re a debt management and counselling company that specialises in restructuring debt, negotiating for reduced interest rates and repayments, protecting you from debt-related legal action, and rebuilding your credit score.
Our experts have years of experience helping South Africans from various financial backgrounds rebuild their budgets, save on debt repayments, and regain their financial freedom.
True North Debt’s resident debt counsellor is the much esteemed Rynier Bernado, a rugby player-turned-financial saviour. He works alongside a team of assessment, negotiation, restructuring, and legal experts to rehabilitate South Africans’ credit.
His financial acumen, ambition, and relentless hard work have helped many regain financial strength. Let him and his team of experts help you get back on your feet, save on debt repayments, and get back your financial agency.
Why True North Debt?
Our experts have been in the credit rehabilitation space for years. We’ve worked with thousands of cases where clients were on the brink of sequestration, declaring bankruptcy, filing for an administration order, voluntarily surrendering, or receiving letters of demand (Section 129s). For many, True North Debt has been the last point of contact before losing all touch with their financial agency. Let us save you from debt.
Save on Interest and Debt Repayments
Our team will negotiate with your creditors for reduced interest rates and repayments. Under the National Credit Act, your creditors must agree to reduce your loan amounts and their interest rates. This way, your debt will become more manageable and you’ll have more room in your budget for what truly matters.
Get Protection from Legal Action
Once you’ve applied for debt review, you’re automatically granted legal protection from matters like recision orders, administration orders, bankruptcy, and judgments. With debt review, you can protect important assets like your house and car being repossessed, maintaining your life’s normalcy.
A Personalised Financial Plan
Your debt counsellor will work with you to create a personalised repayment plan that will reflect your repayment capacity (how much you can afford in repayments) and how you might expedite the debt counselling process to stay financially fit.
Build Your Credit
After you’ve completed debt review, your debt counsellor will issue you a clearance certificate that demonstrates your ability to settle your debts and that you’re debt-free. Then, you can submit your clearance certificate to the credit bureaux to expunge adverse marks from your credit history. You’ll be able to begin rebuilding your credit, enabling you to apply for credit and take out loans responsibly once more.
Trust True North Debt, your partner in financial freedom, to help you regain financial agency. Contact us today and have your questions about the process answered. We’re excited to help you take your first steps to becoming debt-free as a debt review company in Cape Town.
