Times can be tough. Be it COVID -19 related or not, surviving financially can lead to us taking out high interest, unsecured debt in order to fund our lifestyles. While at first this may seem harmless, it can quickly develop into a mountain of debt that can seem impossible to get out from under. But what then? What do you do if you can’t pay it back? One method many lenders use is to put you under debt review. But what is debt review? Is debt review the only option?
Debt review is a formal procedure to help those who cannot afford to pay off their debt. It involves dealing with debt counsellors who will access your debt and deem you to be overly indebted.
They will then work with you and your creditors to arrange a structured payment plan.
While in this process, you will be heavily restricted on financial activity. For example, you will not be able to take out more loans, Credit Cards, Cell Phone Contracts, Internet Contracts, etc. This is due to the fact that the bank and service will view you as having too much debt, and will flag you as being under debt review with the credit bureaux.
This level of restriction can limit your potential of reaching financial freedom. Many people under debt counselling and debt review have also complained about being treated like a number and not like a person. This leaves many people feeling stranded and wondering how they will ever get out of debt review.
The only way to get out of debt review is to pay off your debt and show yourself as being able to pay off what you owe. However, this can seem impossible when you are barely making ends meet as it is. But what if there was a better alternative?
Our Bond Optimiser product has been specially designed to cater for people in your situation. Our team is ready to assist you in getting out of debt review and clearing any of the judgments against your name.
We work to get you out of high interest debt and into a more affordable monthly repayment. Our surveys and studies have shown that our average customer saves R7 000 a month by using our service!
We can help you in the following ways:
Bond Optimiser allows you to get back on your feet and live your life again. By using the positive value in your property, our team can work with you to use that value to consolidate your debt into your bond. This can lead to lower interest rates and a much more affordable monthly payment.
Before you can understand how to refinance your debt into your home bond, you need to understand how a home bond works and the components that make it up.
A home bond is a property backed loan that allows you to purchase a house without having the full capital required on hand. You often have to put down a deposit, industry average is 10%, and then there are strict affordability requirements to get approved.
Debt Review can sometimes feel like more of a mountain than being indebted. The lack of personal service and restrictive environment can make it difficult for you to thrive.
However, this does not need to be the case thanks to Bond Optimiser’s Debt Repair program. Our team is ready to assist you by using your home bond to consolidate, reduce your debt and get you out of debt review.
There are not many alternative options when you are in debt review. The only way of getting out of debt review is if you win the Lotto, or inherit enough money to pay off all your debts. The Bond Optimiser program has been proven to save clients money and equip them for a better financial future. Some of our clients are saving up to R7 000 a month by refinancing their debt into their home bond, and allowing them to be removed out of debt review.
While your home may be a great place for you to relax, recoup and make memories, it also has the ability to make your financial life easier, and remove you from debt review. Though refinancing may sound like a complicated task, it is made easy thanks to our dedicated team.
It is Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s policy to respect your privacy regarding any information we may collect while operating our website. This Privacy Policy applies to www.bondoptimiser.co.za (hereinafter, “us”, “we”, or “www.bondoptimiser.co.za”). We respect your privacy and are committed to protecting personally identifiable information you may provide us through the Website and any of our Social Media Platforms. We have adopted this privacy policy (“Privacy Policy”) to explain what information may be collected on our Website and any of our Social Media Platforms, how we use this information, and under what circumstances we may disclose the information to third parties. This Privacy Policy applies only to information we collect through the Website and any of our Social Media Platforms and does not apply to our collection of information from other sources.
This Privacy Policy, together with the Terms and conditions posted on our Website, set forth the general rules and policies governing your use of our Website and any of our Social Media Platforms. Depending on your activities when visiting our Website and any of our Social Media Platforms, you may be required to agree to additional terms and conditions.
Website Visitors
Like most website operators, Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd collects non-personally-identifying information of the sort that web browsers and servers typically make available, such as the browser type, language preference, referring site, and the date and time of each visitor request. Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s purpose in collecting non-personally identifying information is to better understand how Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s visitors use its website. From time to time, Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd may release non-personally-identifying information in the aggregate, e.g., by publishing a report on trends in the usage of its website.
Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd also collects potentially personally-identifying information like Internet Protocol (IP) addresses for logged in users and for users leaving comments on https://bondoptimiser.co.za blog posts. Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd only discloses logged in user and commenter IP addresses under the same circumstances that it uses and discloses personally-identifying information as described below.
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When you choose to share your personal information with Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s official social media accounts by submitting your information such as your name, your email address and your contact number to a social media form, you are giving Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd consent to contact you about Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s service and product offerings.
Gathering of Personally-Identifying Information
Certain visitors to Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s websites choose to interact with Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd in ways that require Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd to gather personally-identifying information. The amount and type of information that Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd gathers depends on the nature of the interaction. For example, we ask visitors who sign up for a blog at https://bondoptimiser.co.za to provide a username and email address.
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Links To External Sites
Our Service may contain links to external sites that are not operated by us. If you click on a third party link, you will be directed to that third party’s site. We strongly advise you to review the Privacy Policy and terms and conditions of every site you visit.
We have no control over, and assume no responsibility for the content, privacy policies or practices of any third party sites, products or services.
Aggregated Statistics
Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd may collect statistics about the behavior of visitors to its website. Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd may display this information publicly or provide it to others. However, Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd does not disclose your personally-identifying information.
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A cookie is a string of information that a website stores on a visitor’s computer, and that the visitor’s browser provides to the website each time the visitor returns. Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd uses cookies to help Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd identify and track visitors, their usage of https://bondoptimiser.co.za, and their website access preferences. Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd visitors who do not wish to have cookies placed on their computers should set their browsers to refuse cookies before using Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s websites, with the drawback that certain features of Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s websites may not function properly without the aid of cookies.
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Privacy Policy Changes
Although most changes are likely to be minor, Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd may change its Privacy Policy from time to time, and in Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd’s sole discretion. Bond Optimiser (PTY) LTD & Africa Direct Edubond (Pty) Ltd encourages visitors to frequently check this page for any changes to its Privacy Policy. Your continued use of this site after any change in this Privacy Policy will constitute your acceptance of such change.
