Sauve Debt Counsellors
Every consumer wants to know with how much will my debt repayment be reduced?
Every application is unique. It all depends on what the consumer can afford.
To assist the consumer and try and keep the credit provider from apposing the application we try and reduce debt repayment as per the Industry Rules .
|Bond / Home Repayments||- 80% of the original repayment amount|
|Vehicle Repayments||- 70% of the original repayment amount|
|All other unsecured debt||- 1.7% of the outstanding balance amount|
|Bond||R 5000.00 p/m||- Reduced to R 4000.00|
|Vehicle||R 3000.00 p/m||- Reduced to R 2100.00|
|Personal Loan Balance||R 25000.00||- Repayment R 500.00|
|Credit Card Balance||R 30000.00||- Repayment R 600.00|
|The above is only guidelines to what the consumer can expect. The repayment amounts may of course be reduced even more to what the consumer can afford.|