To qualify for the DebtSafe program depends on various factors. But, foremost you will have to be seen as over-indebted, as defined by the National Credit Act (NCA). In short, being over-indebted means that you are unable to pay your monthly financial obligations.
Other factors that influence whether you qualify for DebtSafe’s program includes the following:
- Your income.
- The type of debt you have (secured/unsecured debt).
- The amount of debt you have.
- Your living expenses.
- Your marital status.
DebtSafe offers a free, no obligation, debt assessment to determine whether you would qualify for our program.