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Debt Solutions Expert answer Reference guide DMPOTS / Settlement

What debt resolution services does SingleDebt offer?

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Expert answer

SingleDebt offers two main programmes:

1. Personal Debt Programme (PDP) — for individuals

  • Debt assessment and a personalised repayment plan
  • Negotiation with creditors to reduce interest and fees
  • Consolidation into one affordable monthly payment
  • Financial counselling and budgeting advice
  • Support with creditor legal notices, arbitration and bounced cheques
  • Paralegal support to deal with recovery agent harassment

2. CIDA — Company Informal Debt Arrangement (for MSMEs)

CIDA gives small businesses "breathing space" from daily creditor pressure so owners can plan cash flow and stabilise the business.

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SA
SingleDebt Advisor

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