The National Credit Regulator South Africa acts as the governing body over the credit industry in our country. This ensures that a high quality, transparent and protected credit industry is maintained in South Africa. As the body tasked with education, research, policy development, investigation of complaint and the registration of industry participants, including the enforcement of the Act, the NCR set guidelines and ensure all credit providers follow these set rules of credit and debt.
Promoting the development of an accessible credit market, the National Credit Regulator South Africa requires that all lenders be registered bodies which can allow for complete accountability when dealing with lenders from a consumer’s point of view.
We will be able to offer advice on the suitability of debt consolidation to your specific financial situation, as there are instances where it would prove unsuitable. Our consultants will be able to help you with regards to secured and unsecured debt consolidation, and advice as to which would be most favorable to your outstanding debts. Operating on a national basis, we can also provide you with debt counseling or a debt review in South Africa. As mentioned, debt consolidation could save you on monthly payments and interest rates, which has made it a viable option for many. To find out if debt consolidation in South Africa is an option for you, contact Quick Consolidation Loans today.