Nokofin

Having helped more than 5,000 South Africans deal with their debt, Nokofin is a popular, efficient, and reliable provider of debt counselling services.

They take pride in helping over-indebted people overcome their problems and improve their situations.

Helping you take back control

Their services are highly sought after and will help you take back control of your finances. Whether you have too many personal loans or overdue store accounts, Nokofin will help you create the most suitable repayment plan.

In addition to ensuring you repay all your debs and become debt-free, debt review will keep creditors at bay and help free up cash for everyday living expenses.

More than 10 years of expertise

Having been in the industry for more than 10 years, Nokofin has established excellent relationships with major stakeholders in the industry.

They leverage these relationships to quickly and easily negotiate with major creditors on your behalf and help reduce the amounts you owe or alter terms to benefit you.

Nokofin is registered with the National Credit Regulator and abides by all the rules and regulations as set out in the National Credit Act. This includes the regulation of the fees charged for debt counselling services.

Nokofin provides debt review services to over-indebted South Africans.

These services offer numerous benefits including reduced monthly repayments, the halting of any action by creditors, and one single monthly repayment.

How Nokofin’s debt review process will work

Debt review is a legal process that is regulated by the National Credit Act. Once you’ve determined that it’s the right option for your circumstances you can start the process by completing an online application.

You’ll need to outline all of your debts and provide details on your personal income and expenses. Debts including credit card debt, store accounts, short-term loans, and personal loans can all be included.

Once you’ve submitted all the supporting documents, a Nokofin debt counsellor will be in touch and will begin reviewing everything.

Repayment plans are made an order of court

They’ll draw up a repayment plan to suit your budget and present this to your creditors. Once they’ve all agreed to the new amounts and terms, the agreement is made an order of court.

Creditors may not take any further legal action against you once this has happened and your assets will be safe from repossession. This is one of the most common reasons people choose debt review rather than try to handle multiple creditors by themselves.

In addition to the practical benefits of keeping your assets safe, this will offer you peace of mind and give you some breathing space.