NDA consolidation loans are actually a loan-free version of debt consolidation. As they don’t involve incurring more debt.
NDA consolidation loans protect your finances and offer you a wide array of benefits. Whereas, other consolidation loans on the market put you at risk of becoming over-indebted.
With NDA, debt consolidation is safer and superior. This is because, on top of paying just one reduced payment per month, we protect you from predatory credit providers, as well as from your own poor credit habits.
Simply put, NDA consolidation loans have the legal clout of the National Credit Act (NCA). This was created to specifically benefit and empower you, as a consumer.
With NDA consolidation loans, it’s illegal for credit providers to contact you at all. They also cannot take legal action against you, or take away your home or car.
Whereas, with other consolidation loans, you are simply offered one big loan that you are supposed to use to pay off all of your smaller debts. The thought is that you’ll then only have to pay off the lender who gave you the big loan.
The thing is, lots of people end up using this big loan for groceries, clothing, petrol and other everyday expenses. Before they even know it, they’ve added another big fat debt to their existing smaller debts! You may think this won’t happen to you, but you’d be surprised at just how many people fall into this trap!
Debt is the symptom of under-saving and over-spending. Other consolidation loans treat the symptom, instead of addressing the cause. Bad credit habits, of course!
Opting for NDA consolidation loans, or rather loan-free debt consolidation, stops you from taking out any more credit, while you are undergoing this debt relief process with us. Treating the cause of debt!
If you’re interested in finding out more about NDA consolidation loans, simply send us your contact details via our website. We’ll give you a call back on the same day during working hours.