Скачать или смотреть Payment Holidays & Debt Relief During Covid 19 National Lockdown in South Africa

Hi, my name is Sean Britt, co founder of Realtor of Excellence, Africa’s 1st Cloud Based Real Estate company.

We are in day 4 of the Nation-Wide Shutdown in South Africa and there is a growing concern on how this shutdown is going to affect the man in the street as well as large & small businesses.

The one thing we know for sure is that there are a lot of people and businesses that are going to be under immense pressure to be able to make their bond, vehicle, over draught and credit card payments in the coming months

ABSA, Standard Bank, Nedbank & FNB have announced or are in the process of announcing their debt relieve and payment holidays for +- the next 3 months.
The one common condition that all the banks have for personal or business debt relieve, or a payment holiday is that you have to be in good standing with the banks when you make an application. So if you were considering not making payments on your bonds, car, credit cards etc. you will most likely find yourself in a situation were you will not be approved for debt relieve or payment holiday when you apply for it.

FNB Corona Virus Relief
Individuals and business customers can contact FNB via their usual digital and assisted banking channels to enquire about these services.


Customers will also be able to get more information on their current Covid-19 relief measures through a dedicated icon on the landing page of the FNB banking app.

ABSA Covid 19 Debt Holiday
Clients will be pre-screened and sent an SMS offering this capability to
customers who will opt in or out.

Customers can make contact with Absa using the following e-mail address:
[email protected].

Nedbank Payment Holidays
Nedbank Home Loans clients can make contact via 0860 553 573
or
e-mail [email protected]
for assistance

For a Moratorium/Payment Holiday e-mail Nedbank at
[email protected]
for assistance.

Standard Bank Extends Payment Holidays to Personal Accounts.
All Standard Bank customers

can send an e-mail to

[email protected]

Customers can expect delays