The National Credit Regulator has just launched a joint national consumer awareness campaign with the Banking Association of South Africa and the Debt Counselling Association of South Africa to tackle consumer debt-related challenges.
This includes explaining to consumers that they should contact their credit providers to see if they can renegotiate their repayments as soon as they start running into financial trouble.
If you’d like to negotiate with your credit providers, call the National Debt Mediation Association (NDMA) on 086 111 6362 or SMS 32422 for your bank’s contact number.
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