Debt mediation in Port Elizabeth is a form of debt review that doesn’t include full credit isolation. Instead, debt mediation in Port Elizabeth deals with the negotiation aspects of debt review, which finds better repayment terms. Whereas with debt review, you are no longer a credit user.
Debt mediation in Port Elizabeth is a process that is intended to help consumers who are experiencing a cash flow problem that might only last a few months. An alternative arrangement affordable to the consumer and acceptable to the creditor is made on the consumer’s behalf.
At NDA, we will provide you with a repayment plan containing the agreed new instalment amounts per creditor. You may make these payments to creditors directly or we will instruct a Payment Distribution Agency to collect payment from you and pay creditors on your behalf.
Contact us today for debt mediation in Port Elizabeth, as well as a range of other debt solutions.