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Author Nokofin. Screenshot of Nokofin website.
[Accessed December 12, 2022]

About Nokofin

Nokofin is a debt review company and they've been in the industry for 11 years.

They’ve been helping consumers get out of debt and live better financial life.

They provide a much-needed service and, with their experienced consultants that are well trained and accredited by the NCR, they’re confident that they can help any over-indebted consumer get out of debt.

Nokofin is a responsible and registered organisation

Debt counselling is very much a legal process and not every registered debt counsellor is competent to deal with the challenges that come with the process. If handled correctly, debt counselling can be a life-changing success.

At Nokofin they have a good relationship with most credit providers in the industry, which is an advantage when it comes to settling matters quickly and easily.

Proud reputation

They’re one of the most prominent players in the industry and because of their impeccable reputation, they ensure that their level of service is the best in South Africa.

You can be assisted in any of the 9 official languages in South Africa. This helps you understand the debt counselling process better.

Who should apply for debt review?

Their company services are national and any consumer in South Africa who is over-indebted can apply for debt review.

If you’re unable to keep up with monthly debt instalments and you're behind with debt payments - give them a chance to help you.

Nokofin Services

Nokofin is all about assisting you to get rid of your debt in any way possible.

They’re committed to ensuring you have complete financial freedom.

How their services can assist you:

  • They can help you catch up on arrear payments
  • Combine all debts with a debt consolidation loan and you’ll be left with affordable instalments
  • Receive immediate cash flow relief
  • Lower monthly instalments to what you can afford
  • Protects you against repossession and harassment from creditors
  • The program is regulated by the NCR
  • You’ll have enough cash flow for living expenses
  • When you’re done with the program, you receive a clearance certificate

Nokofin does all the work

Because they’re a debt review company they’ll do all the negotiations with your creditors and Nokofin will ensure that your creditors will accept their proposal.

No fees upfront

The fees they charge are included in the debt repayment plan. Their professional debt counsellor will assist you right away.

A free consultation

They give you a free consultation in order to assess your financial situation.

They help reduce instalments

With debt counselling, they can reduce your monthly instalments significantly and it can be finalised over the phone.

Nokofin – Debt review

  • Loan Type Debt review

Benefits of Nokofin

  • Combine debt into one affordable payment
  • Free assessment 
  • No upfront fees for debt counselling
  • They negotiate with creditors on your behalf

Skilled debt counselors ready to assist you

They have very skilled debt counsellors that have extensive experience in debt mediation and review.

Their counsellors are appointed through the South African Credit Regulations and, as such, are highly skilled and professional as well as endorsed by the NCR.

What is the job of a debt counsellor?

The job of a debt counsellor is to be the intermediary between you and your creditors. They manage the communication process with all those you’re indebted to.

The debt counsellor will then put your finances under debt review and come up with a payment plan that's unique to your financial circumstances. They’ll be in constant communication with you providing additional support.

Their debt counsellors will keep negotiating with your creditors to make sure they reduce any outstanding amounts.

Their experience ensures they’ll reduce overall debt amounts by lowering interest and reducing fees.

This would benefit you greatly as you’ll be able to pay off your debts much faster than you originally would’ve been able to.

Pros and cons of being under debt review

The biggest disadvantage is that you would not be able to apply for any credit while under debt review. There are many more advantages such as having professional support.

Worry and stress will take a toll on you, which is why they offer a bit of relief from that. Knowing that they're in your corner and are working to ensure your financial freedom and a better quality of life can give you peace of mind.

Application process

  1. The first step in the application process would be to fill in the online application form, sign it, and then submit it to them with all the required documents. Once they have it, you're protected from creditors.
  2. The next step would be to draw up a new payment schedule that's done based on the counsellors' assessment and this will then be presented to the creditors.
  3. The last and final step involves all parties agreeing to the proposed payment plan and once that happens the documents become legally binding until the last payment is made.

Customer Reviews & Testimonials

December 2019

Nokofin really helped me get the financial freedom that I needed, to have a better quality of life.

Christopher A
— Melville —

November 2019

They really go above and beyond for the consumer and really help make a difference where needed.

Adam P
— Modderfontein —

October 2019

I felt like I had such a strong support system. Thank you Nokofin.

Nicole T
— Yeoville —

Nokofin Contact

Physical Address

  • 3, 87 Commissioner St, Park Central Johannesburg 2000 South Africa
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Opening Hours

  • not available