nJ
nick J

1 reviews | Active since Jun 2019

26 Jun 2019, 11:27

DEBT REVIEW WITH A LOT OF FINE PRINT BE CAREFUL

Very easy to assist you and have you sign up with Debt Review, however when you financially stable and can afford to carry on paying your debt as per normal they make it very difficult for you to get off,In order to remove the debt review flag from your name you have to choose a withdrawal option. Firstly, if all accounts are paid in full the Debt counselor will issue a Clearance certificate. Secondly, if you have a granted court order on file and have not settled all debts under debt review, you can have it rescinded/ cancelled with the assistance of an Attorney. Thirdly, if your debts are not settled in full, you can obtain an order declaring yourself no longer over-indebted with the assistance of an Attorney,this process will cost you additional Money and it does come at an expense of R6000-R8000, We could use that money to reduce other debt but because we pay Debt busters a service fee they will make it challenging for you to be removed, be careful when signing up

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Replies (2)
DebtBusters SA
DebtBusters SA's reply26 Jun 2019, 11:51
Official
Dear @Nick J 

We take note of you review. Please note that the withdrawal process while you are under debt counselling is legislated by the National Credit Act and regulated by the National Credit Regulator and not our own rules and policies. 

We have escalated your review to a Relationship Manager who will investigate and revert back to you. 

Regards
The DebtBusters Team
nJ
nick J's update26 Jun 2019, 11:56
Reviewer Update
i look forward to hearing from the relationship manager with regards to this. and see how we can come to a conclusion with regards to this