Business Ad
Finances & Funding, Business Advisory Consulting, Risk Management
Why choose us?
Credit Rescue provides an advisory and management service in assisting its clients who are over indebted and those who are experiencing financial problems. CDR assists clients in recovering bad debt.
Area(s) of operation
South Africa
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CDR was founded as a necessity, to establish a debt rehabilitation company that will assist credit providers in recovering their bad debt. CDR is backed by Credit Rescue, which is SA’s largest Debt Rehabilitation Company, that has been in existence for almost 20 years with a national footprint of over 100 branches across South Africa.
The above act (NCA 34 of 2005) provides a legislated remedy for over indebted consumers (viz Debt Review).
An alternative to Debt Review is a voluntary payment arrangement to pay their accounts. The effectiveness of Debt Mediation is when it is managed on a controlled basis. It is the responsibility of all Credit Providers who adhere to Section 86 (5)(a) of the act to act in good faith in the Debt Review Process all negotiations should be designed to result in a responsible debt re-arrangement plan for their client.
The current management of Credit Rescue has been involved with Debt Re-Restructuring for over 14 years, 11 years with Bill Tolken Hendrickse & Ass (t/a Power Rescue) and the past 3 years using Debt Counselors viz, S. Olkers, A Carstens and R. Sedick. Credit Rescue have consistently built up a reservoir of practical and theoretical knowledge of the (Debt Management) industry.
Our Products & Services
ON SALE
Debt Collection and Recoveries - FREE test on a portion of your debtors book
Most small to medium enterprises do not have the financial resources to sustain
an in-house credit department. This means that collecting outstanding debt can
become a real problem for many businesses, particularly in instances where
debtors are stubborn and unwilling to pay, or have gone missing altogether by
changing their address and/or telephone numbers.
If your business is struggling to collect debt from debtors, it would be
a wise decision to employ a professional debt recovery company instead of dedicating
precious time and resources by going about trying to collect the outstanding
debt yourself, or hiring an attorney to do so for you. Try us out for free – give us a portion of
your debtors and let us attempt recovery for you, at no cost. You have nothing
to lose and everything to gain!
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ON SALE
Debt Collection and Recoveries - FREE test on a portion of your debtors book
0Most small to medium enterprises do not have the financial resources to sustain an in-house credit department. This means that collecting outstanding debt can become a real problem for many businesses, particularly in instances where debtors are stubborn and unwilling to pay, or have gone missing altogether by changing their address and/or telephone numbers. If your business is struggling to collect debt from debtors, it would be a wise decision to employ a professional debt recovery company instead of dedicating precious time and resources by going about trying to collect the outstanding debt yourself, or hiring an attorney to do so for you. Try us out for free – give us a portion of your debtors and let us attempt recovery for you, at no cost. You have nothing to lose and everything to gain!