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At Debt Fix, we know everyone's situation is different and we understand that there is no “one size fits all” solution when it comes to managing debt.
For this reason, we present affordable options specifically tailored to suit your situation.
With consolidation, the administrators will negotiate with your creditors on your outstanding debt and then arrange for repayment terms and conditions.
There are allot of people in debt currently in South Africa that require consolidation.
One of the biggest repercussions of financial issues is the affect it has on your credit score.
This is a very important issue that you need to go to govto research, since any company that tells you their program will help increase your score, is misleading you.
By participating in our program, creditors receive certain tax benefits, which give them the incentive to make concessions that they otherwise would not offer to you directly.
This is where you take out a personal loan from a financial institution, such as a bank, to pay off your multiple creditors immediately.
Through this loan consolidation option, you make one consolidated low monthly payment on the new loan.
If you have more than three debts and your creditors want different amounts of money at different times of the month you may find it difficult to co-ordinate your payments in a way that works with your budget.
If this is the case, consolidating your debt into one easy and affordable loan may well be the answer.
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Debt consolidation makes repaying your bills easier.