Pay plan solutions has developed a number of solution by combining different products or services in order to restore consumer financial wellbeing or to achieve certain goals for client. Every client that consults with pay plan solutions, has a few things in common.
TYPES OF PAYPLANSOLUTION
Get out of debt
DEBT COUNSELLING Debt counselling or a good repayment plan largely rely on the concessions of the credit providers under codes of conduct to be effective currently, while the National Credit Act plays catch-up to an industry that is heading past the first milestone. Debt Counselling process, a debt counsellor restructures all of a consumerâ€™s account so that the consumer will only have one payment each month.
CODE OF CONDUCT IN THE DEBT COUNSELLING
Codes of conduct have given the industry a rule system which has been pre-approved by a very large portion of the credit industry. The concession under this system not only reduces interest rate and extends the repayment period, but also strips out certain monthly service fee.
HOW DOES DEBT REVIEW WORK ?
Pay Plan Solutions regularly does employee financial wellness talks which outlines the correct Debt Review process and also touches on issues surrounding the industry that impact on consumers. Employees who are debt stressed will not be able to focus on work until situations are brought under control.
CONTACT US Eugene Cilliers Tel: 021 554 0708 Fax: 086 686 9597 National Help Line: 0861 626 859 3 Cutter Close, Blouberg Sands,7441 http://payplansolutions.co.za
Published on Mar 4, 2014
Debt counselling explained in simple term because it is very easy to enter into debt because of making unwise financial decision or living u...