National Debt Advisors is one of the largest debt counselling and debt consolidation companies in South Africa with estimated annual revenue of over R350 million as of 2019. National Debt Advisors is registered with the National Credit Regulator (NCR) and is a member of the National Debt Counsellors Association (NDCA)
Not all companies thrive in this industry, National Debt Advisors along with a few have managed to grab a large chunk of the market. Since the introduction of Debt Counselling by the National Credit Act of 2007, those that opened doors during the fall of the 2000s or the start of the 2010s have been prominent in the Debt Counselling sub-industry.
As a member of NDCA, National Debt Advisors must:
The National Debt Advisors has certain standards it upholds. These include putting their customers first, and offering and providing lawful services. These are the company’s top priorities.
National Debt Advisors is a debt management company that is registered with the National Credit Regulator with license number NCRDC2351. The company was formed in 2012 and has an estimated revenue of over R350,000,000.00. As of 2020, the company boasts a well-trained staff of nearly 400 people.
National Debt Advisors has a plethora of services that are consistent with the company’s objectives of helping South Africans to manage debt. Products that are offered by National Debt Advisors include:
Solutions offered by National Debt Advisors are to help individuals with their debt and lead them on their route of being debt-free. We discuss solutions issued by the company below.
National Debt Advisors’ debt counselling product is created to help South Africans that are over-indebted repay their debt. The debt counselling division comprises 300 support staff with 30 debt counsellors in place. The debt counselling division is the company’s most lucrative business function and has led the company to be voted as the best debt counselling company in South Africa for 2020.
The services under the product include:
National Debt Advisors Debt consolidation solution is there to help clients combine all their debt and take all their monthly repayments and replace them with one monthly instalment. NDA will help you either to apply for a consolidation loan or choose to be placed under debt review.
A consolidation loan is a loan taken against all the amounts that you owe credit providers. The loan will allow clients to pay one monthly instalment instead of making payments to numerous lenders. Consolidation loans are hard to get as lenders require a clear credit record with a good credit score and will require an initiation fee.
Using the NDA debt consolidation allows clients to use the NCR regulated process of debt review. This will help in:
Debt management solution is for those that are over-indebted but have not been defaulting on their debt repayment. The National Debt Advisors management plan helps customers cope with their debt under this solution. The solution comes with 4 steps that assist customers to have an affordable lifestyle and to cope with debt.
The Debt Management plan includes:
This product from National Debt Advisors helps customers from being harassed and secure their possessions. The product further:
National Debt Advisors provides some of the best debt solutions in South Africa. The company has a reputation for providing great services and products that clients are most happy with. The company offers near-perfect customer care service, enquiries are attended to in seconds making the turnaround time very fast.
For debt consolidation, management and counselling, National Debt Advisors is a company to consider. It has been dubbed the best debt counselling company of 2020 and surely it means that the company is doing better than its competitors of late.