More credit management options
There are other cash flow options to help you if you’re struggling with your credit repayments.
There are other cash flow options to help you if you’re struggling with your credit repayments.
If the repayment options currently available don't fit your cash flow needs and you're considering debt review, explore more about it below:
What is debt review?
Consider debt review if other debt relief options couldn’t help you and you are over-indebted (you have more debt than your current income).
Remember, debt review should be your last resort to get debt relief.
If you’re over-indebted, a debt counsellor can help by restructuring your debt repayments based on what you can afford. The debt counsellor will assess your living expenses and calculate an affordable payment plan:
The debt review process with a counsellor only helps you manage and repay your debt. It doesn’t mean that your debt gets written off.
If you’re struggling with debt, always contact us before making any decisions. We can help you look for personalised options for your credit instalments.
Debt review can be an option; however, be careful of misleading information about the process, benefits, and long-term legal consequences.
If debt review is your only choice, do your research and choose a registered counsellor from the National Credit Regulators (NCR) list. For more information, visit ncr.org.