FNB offers Payment Relief amidst Coronavirus Crisis

FNB Logo
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FNB is the latest bank to release news that they will be offering payment relief to clients during the #coronavirus crisis.

Clients who bank with FNB and whose accounts are in good standing will qualify. The bank will be offering three months (April, May and June 2020) of reduced or zero payments. The decision will be made based on each individual client.

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Maintaining Payment of Debt Review installments during the Coronavirus Crisis

Cover image of the National Credit Act
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Debt Review is a process governed by the laws of South Africa, specifically, the National Credit Act 34 of 2005.

Your Debt Counsellor has no power to “allow” you to reduce or not pay your installment. Even with the current crisis. You MUST continue to pay your installment in order to retain the protection of the Debt Review.

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