What’s the worse that can happen when cancelling debt review?

Question by B-Stone: What’s the worse that can happen when cancelling debt review?
Hi SA’s,

So I asked the question about debt review some weeks ago with limited answers. My new question is, what is the worst that can happen when cancelling debt review and paying the creditors directly.

If a person is to decide he/she would like to pay the money directly to creditors and negotiate the same interest rate with the creditors as the debt counselling agency, will the creditors accept the proposal?

Some advice will be highly appreciated.

Cheers!

Best answer:

Answer by cakes4africa
I have no idea about such stuff, but here is a linnk that may help you

http://www.creditinfo.co.za/index.php/home/34-news-just-in/99-can-you-cancel-debt-review

http://www.sadebthelpline.co.za/debt-counselling.php

http://www.fin24.com/Money/Money-Clinic/Can-I-ditch-a-debt-review-20110111

http://www.hellopeter.com/debtbusters/complaints/cancellation-of-debt-review-by-debt-busters-628613

http://www.debtsafe.co.za/?p=145

Give your answer to this question below!

Guide
Debt Counselling Service
Debt Counselling Services
Debt Management Counselling

Articles
If I was to miss a personal loan payment and pay twice the following month?
How does an IVA affect my current phone contract and is it better to deal with the banks directly?
debt, what happens to your credit rating when writing to your creditors asking for a 6 month payment break?
How can i reduce debt with just 1 creditor (bank)?
where do I go to find debt solutions?
What is the best debt management company,that doesn’t charge. For people in a round £13k worth of debt?
What’s the worse that can happen when cancelling debt review?
Partner wants to move in, I want to wait. Am I being unreasonable?
What is the easiest legal way of getting out of a debt trap of unsecured loans?