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The Debt Review Process prevents credit providers from taking legal action against you in order to reclaim the outstanding balance. With our Debt Review Help, you will avoid setting off a grim sequence of ramifications. The debt review process protects consumers from repossession, garnishee orders and blacklisting. We also provide a specialized Reckless Lending Investigation on all your credit agreements under Debt Review
RECKLESS LENDING INVESTIGATION
This evaluates all credit agreements that form part of your Debt Review Application to build an opinion around possible reckless behaviour.
WHAT IS DEBT WISE LOOKS FOR IN RECKLESS CREDIT INVESTIGATION
Whether the credit provider failed to make a proper affordability assessment according to the NCA at the time of granting the credit, Or, if the creditor has made the affordability assessment and entered into the agreement with our client despite the fact that
• The client did not understand or appreciate the risks regarding the costs and obligations under the agreement, or
• Knew that the agreement would lead to our client’s over-indebtedness.