Debt Mediation | Debt Management

Debt Mediation and Debt Management


Debt Management and Mediation work almost the same as Debt Counselling except there is no Magistrate involved. This type of mediation depends is not for everyone and depends on individual circumstances. For example some creditors refuse to lower interest rates or even to respond, ie; Edgars, ABSA, etc. If all your creditors agree to the mediation it can be a good short term solution. In most cases we need to get a Magistrates stamp in order to force the banks to lower the interest rates and provide you with the protection you need.

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