Visit our website for more info or to file a mediation request:
https://dcba.lacounty.gov/mediation/
The National Consumer Regulator says it has received complaints from consumers who have been placed under debt review without their knowledge.
And it has blamed this on false advertising on the part of debt counsellors and credit providers.
The NCR has called on consumers to know what they are getting themselves into when applying for debt consolidation and restructuring.
For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News #Covid-19Vaccination #Vaccine on Social Media.
National Debt Advisors is the #1 debt counselling company in South Africa. We offer you debt counselling, debt solutions and expert advice. If you are struggling with your debt or need financial assistance, contact us today!
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You’re Wrong… Paying Debt Off Early Works (4 Reasons):
Conventional wisdom suggests that paying off debt early at the expense of some of your investment money in the short term is a bad trade unless the debt you’re carrying is high interest debt like credit cards. The thinking is why would anyone want to pay off debts with 5% or 6% interest rates when they could instead invest that extra payment money into the markets and earn 7%-10%. And, to be fair, there are certainly instances where that logic makes a lot of sense. I know the title of the video is pretty black and white, but that’s mainly because in my experience the discussion surrounding this topic presents it as a very clear cut decision and I feel that there’s a bit more nuance to it that often gets lost in translation. Today I’m going to be going over 4 reasons why I feel that, in certain situations, paying off even lower interest debts can be the better approach, even if it means giving up some investment returns in the short-term.
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FAM! I’m joined by Ashley Brown of Ashley Empowers and her husband Carrington Brown! They paid off more than $126,000 of debt in three years, and they’re sharing their debt-free journey, their thoughts on marriage, relationships and money and legacy building.
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Hey, fam! I’m Anthony. I’m fired up about meeting you where you are in a real, relevant, and relatable way. Here on this YouTube channel, we’ll be having honest conversations about finding our authentic selves by living life based on spiritual, financial, and mental freedom. At the age of 19—homeless and deep in debt—I turned my life around by becoming debt-free, and I decided to spend the rest of my life helping people avoid the same money mistakes I made. Today, by the grace of God, that’s what I’m doing every day with AO Enterprise. You can rock with me on Instagram @AnthonyONeal or online at anthonyoneal.com.
Iibhalansi zakho ZINOKWANDA ngeenyanga zakho zokuqala phantsi koqwalaselo lwetyala. SUKOYIKA! Oku kuhambelana nenkqubo kwaye KUYA KUTSHINTSHA.
EMzantsi Afrika ababoneleli ngetyala, iibhanki, abaqokeleli bamatyala kunye nabacebisi ngamatyala abasoloko belungelelaniswa kwezobuchwephesha.
NCEDA uzive ukhululekile ukunxibelelana nathi kule nombolo 021 003 8733, kwiphepha lethu labacebisi ngezeMali kuZwelonke kuFacebook okanye ugcwalise ifom yoqhakamshelwano kwiwebhusayithi yethu ethi www.nationaldebtadvisors.co.za
Two mediation companies are offering 90 minute sessions for $600. It can usually cost more than $6,000 per session.
You may find your balances increasing in the first few months of debt review. Do not panic.
This is process-related and will change. In South Africa, credit providers, banks, debt collectors and debt counsellors are not always technologically aligned.
Debt review is not a quick-fix solution to your debt problems. Falling off the system after a few months makes no sense.
Becoming financially free requires you to stay committed to the process, make your payments timeously and trust us as your debt counsellors.
PLEASE FEEL FREE to contact us on 021 003 8733, on our National Debt Advisors Facebook page or fill out a contact form on our website at www.nationaldebtadvisors.co.za
