Company Information

Get to know National Debt Assist

National Debt Assist is a specialist debt counselling firm registered with the National Credit Regulator (NCR) of South Africa. The company's primary mission is to assist South African consumers who are struggling with debt by providing a formal, legal solution known as debt review (or debt counselling). This process involves assessing a client's financial situation, negotiating with their credit providers for reduced monthly payments and interest rates, and consolidating all their debts into a single, affordable monthly repayment plan. They aim to guide clients through this legal process to protect them from creditor legal action and help them on a path to becoming debt-free.

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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National Debt Assist

United States

Founded in

1985 (41 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.