When I am under debt counselling, how much will I have to pay to the credit providers each month?
While under debt counselling, your monthly payments will depend not only on your outstanding amounts but also the credit agreements put forward by your debt counselor. While signed with National Debt Advisors, one of our professional consultants will go through your budget and spend, advising on the best monthly payment amount based on your income and expenses.
After taking your expenses and needs into account, your debt counselor will allocate the remaining money towards paying off your debts. While some creditors may be happy to take on the new agreements, some may not and as such may keep the same rates, but this is all dependent on your unique debt situation.
National Debt Advisors have an efficient system and good relationships with credit providers, allowing us the edge when finding you the best possible repayment option.