Debt review is a process that helps individuals who are struggling with debt to get back on track. This process involves negotiating with creditors to reduce the amount that you owe and to make your repayments more manageable.
It can be a long and complicated process, and it’s important to stay on top of the status of your debt review to make sure everything is going as planned. Here’s how you can find out the status of your debt review:
Contact your debt review company:
The first step in finding out the status of your debt review is to contact your debt review company. This company is responsible for negotiating with your creditors on your behalf and ensuring that your debt review process is handled properly. You can contact your debt review company by phone, email, or in person, and they should be able to provide you with information about the status of your debt review.
Check your credit report:
Your credit report is a record of all your credit activities, including any debt review process you may have undergone. You can check your credit report online through a credit bureau, such as Experian, TransUnion, or Equifax. This report will show the status of your debt review and any agreements that have been made with your creditors.
Talk to your creditors:
Your creditors may also be able to provide you with information about the status of your debt review. You can contact your creditors directly and ask about the current status of your debt review and any agreements that have been made.
Visit the National Credit Regulator:
The National Credit Regulator (NCR) is responsible for regulating the credit industry in South Africa. If you are unsure about the status of your debt review, you can visit the NCR’s website or contact them directly to find out more.
It is important to keep track of the status of your debt review. At Susa Debt we assist you every step of the way to ensure that your debt review process is handled properly and that you are able to get back on track with your finances.
Contact us at Susa Debt today so we can assist you to stay up to date on the status of your debt review and make sure everything is going as planned.
