debt review termination

Termination of debt review

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Conditions under which a Debt Review can be Terminated and Removed from your Credit Bureau Profile

  1. Unsettled Accounts under debt review

An order of court debt review can only be rescinded by the court where the debt review originated. Meaning you can only do it thought the court by an application to the same court the review was made. Payments of installments will be made directly to the creditors when the debt review is rescinded. You can negotiate terms of payments with your creditors. When a debt review was not made an order of court, you should make an application to court and state your financial position stipulating that you are not in debt.
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credit card declined

Reasons for credit card being declined

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Approval or Declining credit application is not solely based on Your Credit Profile. All Credit Providers in South Africa have structured own risk classification, risk management according to their business operational model. Credit providers employ different standards from Credit Bureau Score system and thus they usually have their own standard for a credit profile score. With that said, every credit provider is legally bound by the National Credit Act to check your Credit Profile before credit is given to the consumer. Also when credit is given, it is by law that the credit provider has to log in your details, the amount of credit requested and the duration term of payment.
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Carfin Vehicle Finance

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If you are looking for reliable car finance company , look no further. Carfin for years has offered very affordable and flexible car finance. Buying a car is an exciting thing, holding car keys in you, walking towards the car and opening its doors. The smell of new leather and the feel of the steering wheel. The feeling you get when driving it to friends. Continue reading →

credit report

Check your credit report online

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You can check your credit online which is a fast and convenient way to see if your name has not been blacklisted. If you have been under a lot of financial pressure and have missed a few payments here and there then it’s a good idea to check your credit and ensure that you name is in the clear. If you find that you are blacklisted then it will affect your opportunities in getting any additional credit in the future. Continue reading →

help with debt

Assistance with debt

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Are you blacklisted and in need of assistance? Do you feel frustrated and lost in an ocean of debt? Don’t wait any longer because help does exist and you can get it immediately. Do not hesitate because if you do your financial problems will only get worse. You don’t have to face it alone and you really shouldn’t because there are professionals out there that make it their mission to solve your financial problems by employing a number of alleviating solutions that are favourable to you and acceptable to your creditors as well. You don’t need to face the storm alone. Continue reading →

loan seekers

Loan Seekers

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A personal loan is something that a lot of people shy away from because they think it will only bring bad news to them; this couldn’t be further from the truth. A personal loan can produce a lot of benefits for you that will leave you in a much more manageable state than the state of panic and frustration. When you take out a personal loan you are declaring financial stability by ensuring that you meet all of your financial obligations on time while maintaining a healthy credit record. Continue reading →

Moola Loans

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There are a lot of financial products on offer by banks and other institutions. This proves that money does make the world go round. When you are without money, chances are your own world will not go around. Credit cards, debit cards, insurance, life policy and much more all center around finances.  Service providers of these things know that to live is to use money. Continue reading →

debt review loans online

Loans For People Under Debt Review South Africa

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A loan is something that can be of great assistance to anyone when in need of finances for whatever reason they may need it for. The economy has not been very friendly to a lot of people in South Africa and the 2008 recession was felt by almost everyone. Unfortunately a lot of people are still feeling the sting of the 2008 economic recession as some people lost their jobs and were not able to pay back all of their debt like they had planned to. Continue reading →

Blacklisted loans from banks

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Being blacklisted is one of the most uncomfortable situations a person can find themselves in. The negative personal financial profile that is viewed in a suspicious manner all the time. Doors easily close before the application is complete. Many South Africans find themselves in this situation. The National Credit Regulator (NCR) has reported that more than 10.5 million South Africans with credit where not able to manage it properly. They have not met their repayments for 3 months or more and are in deep areas. In times past credit was easily available. However financial institutions have been proactive in eradicating reckless lending. It damages businesses and hurts the consumer. Since the 2008 global banking crisis that began overseas and spread across the world. The financial markets have been slowly recovering. However the South African economy has not fully recovered and it has been stagnant with more than 34% unemployment. The financial markets experienced a credit freeze and this resulted in banks find it hard to loan out money.
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