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Debt Counselling
Debt counselling, also known as debt review, is a debt management process where over-indebted consumers get assisted with implementation of a restructured repayment plan on their debts, this happens after a qualified debt counsellor has analysed and assessed the client’s outstanding debts portfolio. The real benefit of Debt counselling is that, it helps protect the consumer’s assets from repossession by creditors; it also assists with reducing the client’s monthly instalment to have some money to survive on.
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