About the product
Debtcor Professional Debt Consultants has been established since 2010 and is registered by the National Credit Regulator who offer a Debt Counselling service to over indebted consumers. The Company provides financial literacy and also analyses a consumer’s debt and spending habits and provides a plan to work out an achievable budget and debt repayment plan with creditors. By requesting that creditors accept a lower interest rate or longer terms - the counselling service can often design a successful repayment plan called a Debt Management Plan. With the help of a Debt Counsellor, new terms are agreed upon to satisfy the outstanding debt. Generally the entire balance is paid back; however the payments and/or interest rates are reduced in order to get consumers back on their feet as soon as possible.
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