07.03.2024 Views

Debtfree Issue 202402 - DB

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WILL DEBT REVIEW WORK FOR YOU?<br />

WHAT DOES THIS<br />

MEAN?<br />

It means that, simply because of the amazing<br />

concessions and reductions that most people get<br />

while under debt review, the small cost of the monthly<br />

retainer that is paid to your Debt Counsellor is nothing.<br />

You save much more than that based only on other fees you no<br />

longer have to pay due to credit provider concessions.<br />

And best of all the small Debt Counsellors fees are only drawn when<br />

you make you debt repayments. This means no up front fees. No<br />

extra fees. You don’t need a bundle of cash to enter the process. It is<br />

built into what you can realistically afford to repay each month.<br />

So, chat to a Debt Counsellor to get an idea of what the costs would<br />

be in your specific case (incl. what the legal fees will be since it goes<br />

to court). They can check that it is the right process for you, that you<br />

qualify and let you know roughly what your reduced debt repayments<br />

would be.<br />

You will be pleasantly surprised by how little it actually costs.

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