DEBT AGREEMENTS

What are the advantages and disadvantages of a Debt Agreement?

A Debt Agreement comes with both positive and negative consequences. A mark will be placed on your credit file during the Debt Agreement process and you won’t be able to get more credit until after it is finalised. You will however, become free of unsecured debt within a relatively short period of time and will no longer have creditors chasing you for payment.

Here at ISA, we are fully licenced and qualified to help you with any insolvency solution. So if you are struggling with financial hardship, contact ISA on our 24/7 toll-free hotline on 1800 003 883.

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